Fresh financing for its latest newbuildings, a first foray into scrubbers and sale and purchase activity all emerged as Costamare reported its third quarter accounts today.
New York-listed Costamare has inked pre and post delivery financing for five 12,690-teu ships contracted against 10-year deals with Yang Ming.
A leading financial institution is providing debt for the ships, which are slated for delivery in 2020 and 2021, chief financial officer Greg Zikos said.
