Company: CMDB
Filing Date: 2025-03-31
Form Type: 20FR12B
Source: 0001140361-25-011425
Chunk: 8

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-03-31
Form: 20FR12B
Chunk 8
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 have built our business with the same focus on operational execution that characterizes our target customers. With that focus at the core of everything we do, we strive to provide the differentiated transportation and logistics expertise our customers need so that they can focus on growing their businesses.

### Our Business
We are an international owner and operator of dry bulk vessels providing worldwide transportation of dry bulk commodities for a broad range of industrial users, traders and producers of dry bulk commodities. Our owned fleet transports a variety of dry bulk products through various time charter services, while the CBI business provides highly complementary services, handling customers’ cargoes with chartered-in vessels. CBI employs an active commercial strategy and utilizes a combination of spot voyage charters, time charters and contracts of affreightment. Furthermore, via the active trading of forward freight agreements, CBI seeks to either establish directional positions on dry bulk freight rates or hedge its exposure whilst the trading of bunker swaps is primarily done for hedging purposes. We believe the strategic combination of our owned and operated businesses not only allows us to expeditiously adapt our positioning but also strengthens our business by driving significant efficiencies on costs, capital investment and profitability. Further, our businesses offer enhanced flexibility and additional capacity, delivering incremental value to our customers.

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TABLE OF CONTENTS

Our Fleet As of March 13, 2025, our owned dry bulk fleet consisted of 38 vessels, with a total carrying capacity of approximately 3,017,000 dwt, including one vessel that we have agreed to sell, with a carrying capacity of approximately 76,600 dwt. Our owned fleet consists of 6 Capesize vessels, 8 Kamsarmax/Panamax vessels, 8 Ultramax vessels, 10 Supramax vessels and 6 Handysize vessels, with a total carrying capacity of approximately 3,017,000 dwt and an average age of approximately 13 years. CBI, our dry bulk operating platform, charters-in/out dry bulk vessels, using an advanced blend of fixed and floating rates across various tenors, enters into contracts of affreightment and forward freight agreements and also utilizes hedging solutions. We have an established software system for voyage optimization and a constant focus on operational risk monitoring. As of March 13, 2025, the dry bulk operating platform has chartered-in for a period 53 vessels with a total carrying capacity of approximately 8,564,000 dwt (including five vessels chartered-in