Costamare reaps reward from container market upswing

One of the major tonnage owners, Greece-based Costamare, has alongside other carriers benefited greatly from the upswing on the container market this past quarter, according to a financial statement.
Photo: LUCY NICHOLSON/REUTERS / X90050
Photo: LUCY NICHOLSON/REUTERS / X90050

It’s happened many times recently, and now yet another player in the container industry can report a record profit. This time, it’s New York-listed Greek tonnage provider Costamare, which has just published its interim report.

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