Costamare's earnings rose markedly toward the end of 2019

Greek shipowner Costamare's earnings went up at the end of 2019. According to CFO, this is tied to new vessels and higher charter rates.

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The bottom line surged considerably at Greek shipowner Costamare, which increased its earnings to USD 35.9 million in the last quarter of 2019. Comparing the 2019 result with the same period of the preceding year shows a rise by 82 percent.

At the same time, earnings per share were more than doubled from USD 0.11 in the last three months of 2018 to USD 0.24 per share in the same period of 2019.

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