Costamare's dry bulk gamble begins to pay off

Even the container business is looking up for the Greek ship owner as it benefits from the Red Sea crisis despite the threat of overcapacity.
Costamare has departed from its main business area of container shipping to add a dry bulk focus. | Photo: Dimitri Messinis/AP/Ritzau Scanpix
Costamare has departed from its main business area of container shipping to add a dry bulk focus. | Photo: Dimitri Messinis/AP/Ritzau Scanpix

Costamare has managed to enter the dry cargo market at a good time, and the shipping company continued to expand its fleet of bulkers in 2023.

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