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Costamare Bulkers Holdings Limited ( (CMDB) ) has shared an announcement.
Costamare Bulkers Holdings Limited reported its financial results for the six-month period ending June 30, 2025, marking its first report as an independent company following its spin-off from Costamare Inc. on May 6, 2025. The company reported a net loss of $26.5 million for H1 2025, with an adjusted net loss of $15.8 million. Despite the losses, the company maintains a liquidity of $242.3 million and minimal leverage, positioning it for potential growth in the dry bulk sector. The company is focusing on divesting older vessels and acquiring larger ones, with recent market volatility driven by strong Pacific and Brazil-Asia activity and expectations of Chinese economic stimulus.
More about Costamare Bulkers Holdings Limited
Costamare Bulkers Holdings Limited is an international owner and operator of dry bulk vessels. The company owns a fleet of 37 vessels with a total carrying capacity of approximately 3,103,000 dwt. It also operates a dry bulk platform, CBI, which manages vessel charters and engages in contracts of affreightment and forward freight agreements. Costamare Bulkers is publicly traded on the New York Stock Exchange under the symbol ‘CMDB’.
Average Trading Volume: 120,722
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