Company: CMDB
Filing Date: 2025-03-31
Form Type: 20FR12B
Source: 0001140361-25-011425
Chunk: 299

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-03-31
Form: 20FR12B
Chunk 299
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,621 |     |        -39,621 |
| Vessel acquisitions, advances and other vessels’ costs |     |      75,862 |     |            — |     |         75,862 |
| Vessel sales, transfers and other movements            |     |    -122,303 |     |       15,112 |     |       -107,191 |
| Balance, December 31, 2023                             |     |    $689,359 |     |    $(74,873) |     |       $614,486 |
| Depreciation                                           |     |           — |     |      -37,385 |     |        -37,385 |
| Vessel acquisitions, advances and other vessels’ costs |     |     173,017 |     |            — |     |        173,017 |
| Vessel sales, transfers and other movements            |     |     -91,679 |     |       13,405 |     |        -78,274 |
| Balance, December 31, 2024                             |     |    $770,697 |     |    $(98,853) |     |       $671,844 |

During the year ended December 31, 2024, the Company (i) took delivery of the 2011-built, secondhand dry bulk vessel Miracle(ex. Iron Miracle) with a capacity of 180,643 DWT (which was agreed to be acquired in 2023) and (ii) acquired the 2012-built, secondhand dry bulk vessel Prosper(ex. Lowlands Prosperity), the 2012-built secondhand dry bulk vessel Frontier(ex. Frontier Unity), the 2011-built, secondhand dry bulk vessel Magnes(ex. Nord Magnes), the 2014-built, secondhand dry bulk vessel, Alwine(ex. Alwine Oldendorff) and the 2015-built, secondhand dry bulk vessel August(ex. August Oldendorff) with an aggregate capacity of 663,036 DWT. Furthermore, during the year ended December 31, 2024, the Company sold the dry bulk vessels Progress, Manzanillo, Konstantinosand Adventurewhich were held for sale as of December 31, 2023, and the dry bulk vessels Alliance, Merida, Pegasus, Oracle, Titan Iand Discoveryandrecognized an aggregate net gain of $3,788, which is separately reflected in Gain / (loss) on sale of vessels