Costamare unveiled a transformational deal on Monday that sees the containership company expand into bulkers with a wave of secondhand acquisitions.
The US-listed outfit said in a statement after the market closed in New York that it purchased 16 bulkers, which range in size between 33,000 dwt and 85,000 dwt and have an average age of 10 years.
“We have decided to invest in a liquid sector with strong fundamentals that provides enhanced return opportunities for our shareholders,” Costamare chief financial officer Gregory Zikos said, without identifying the acquired vessels.
