Costamare has reported lower profits amid the replacement of eight vessels since late last year — but it may have plans to expand its fleet.
The Constantinos Constantakopoulos-led owner of 73 boxships posted a $25.3m profit for the third quarter, versus $36m in earnings during the same period last year.
Adjusted profit came in at $26.7m, down from $31m a year earlier, resulting in a $0.22
