CMDB Overview

Financial Performance: Costamare Bulkers reported a net income of $7.4 million for Q3 2025, with total liquidity of approximately $290.5 million and a negative net debt position of $159.3 million in debt against $205.8 million in cash.

Strategic Cooperation Agreement: The company entered into a Cooperation Agreement with Cargill, transferring a significant portion of its trading book, including chartered-in vessels and cargo commitments, to enhance operational efficiency.

Fleet and Operations Update: Costamare Bulkers currently owns a fleet of 31 dry bulk vessels with a total capacity of approximately 2.8 million DWT, focusing on optimizing earnings through a balanced cargo-driven portfolio.

Market Trends and Future Outlook: The company is divesting older vessels and acquiring larger, younger ones, while navigating market fluctuations influenced by global trade dynamics, particularly between the US and China.

Earnings Release Date: Costamare Bulkers Holdings Limited will announce its third-quarter financial results on November 14, 2025, before the market opens in New York.

Conference Call Details: A conference call to discuss the financial results will take place on the same day at 8:30 a.m. ET, with specific dial-in numbers provided for participants.

Live Webcast Information: A live webcast of the conference call will be available on the Costamare Bulkers website, and participants are encouraged to register 10 minutes prior to the start.

Company Overview: Costamare Bulkers is an international operator of dry bulk vessels, owning a fleet of 37 vessels and engaging in various shipping and chartering activities.

Strategic Cooperation Agreement: Costamare Bulkers Holdings Limited has signed a Strategic Cooperation Agreement with Cargill International S.A., which includes transferring the majority of its trading book, chartering four Supramax vessels, and entering into a bunkering services agreement.

Focus on Stability and Growth: The agreement aims to reduce Costamare's exposure to volatile trading, generate stable earnings, and explore joint investments in dry bulk assets, while Cargill seeks to enhance its fleet and service capabilities.

Strategic Agreement: Costamare Bulkers has signed a strategic cooperation agreement with Cargill International S.A., transferring most of its trading book, including chartered vessels and cargo commitments, to Cargill.

Chartering and Collaboration: Four Supramax vessels will be chartered to Cargill for 4–6 months, and both companies will work together on decarbonisation strategies, vessel efficiency projects, and explore joint investments in dry bulk assets.