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Wed, Feb

Costamare posts net income of $371m for FY2025

Costamare posts net income of $371m for FY2025

World Maritime
Costamare posts net income of $371m for FY2025

Costamare increased its investment commitment in Neptune Maritime Leasing to $247.8 million. The platform currently supports 54 shipping assets representing total investments and commitments of more than $665 million, the company noted.

The firm secured bilateral financing for the pre- and post-delivery of two 3,100 TEU vessels. Costamare stated it has no significant debt maturities until 2027.

During the year, the company took delivery of the secondhand vessel Maersk Puelo. This ship has a capacity of 6,541 TEU.

The shipping firm also reported that its container vessels Kure and Kowloon were free of debt as of February 17, 2026. Other unencumbered assets include Vulpecula, Volans, and Virgo.

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