Costamare Bulkers Holdings Ltd. reported net income of $7.4 million ($0.30 per share) for the third quarter of 2025, with adjusted net income of $5.4 million ($0.22 per share). As of the end of the quarter, the company had liquidity of $290.5 million, cash of $205.8 million, and debt of $159.3 million, resulting in a negative net debt position. The company owns a fleet of 31 dry bulk vessels with an average age of approximately 13 years and an average size of about 91,700 DWT. During the period, Costamare Bulkers entered a Strategic Cooperation Agreement with Cargill, transferring the majority of its trading book, forward cargo book, FFA positions, and most chartered-in vessels to Cargill. There are no significant loan maturities until 2029.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Costamare Bulkers Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-25-007311), on November 14, 2025, and is solely responsible for the information contained therein.
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