Costamare Bulkers Holdings Limited

CMDB: 6-K · periodic report

Costamare Bulkers Holdings furnished unaudited interim financial statements for the six months ended June 30, 2026 via Form 6-K, reporting a swing to net income of $15.1 million, or $0.62 per share, from a net loss of $26.5 million, or $3.15 per share, in the year-ago period. Total voyage revenue rose about 43% year over year to $223.1 million, driven by time charter revenues climbing to $114.5 million from $45.0 million. The company ended the half with $229.9 million in cash and equivalents against $139.4 million of gross long-term debt and stockholders' equity of $682.8 million. During the period the company sold the dry bulk vessels Clara and Miracle for a $7.7 million aggregate gain, took delivery of the secondhand vessel Astros, and delivered the vessel Bermondi to buyers on August 17, 2026, prepaying $2.75 million of related debt. Its fleet stood at 30 dry bulk vessels with roughly 2.67 million DWT of capacity as of June 30, 2026. Transfers under the September 2025 strategic cooperation agreement with Cargill were completed as of June 30, 2026, though the operating platform realignment generated $5.6 million of losses in Other, net. The Konstantakopoulos family owned approximately 66.4% of outstanding shares, and management said operations have not been materially affected by the Middle East conflict to date.

SEC 6-K•2mo ago

Costamare Bulkers Holdings Limited Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2026

Costamare Bulkers reported Q2 2026 total voyage revenue of $111.6 million with adjusted net income of $9.8 million, or $0.40 per share. The company strengthened its balance sheet, ending the quarter with $331.5 million in liquidity and net cash exceeding debt by $108.9 million. Strategic updates include the completion of a transaction with Cargill to reduce balance sheet risk and the agreement to sell the vessel Bermondi as part of the fleet renewal program.

•2mo ago

Costamare Inc. Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2026

Costamare reported Q2 2026 adjusted net income of $75.1 million ($0.62 per share) and total liquidity of $423 million, while concluding $920 million in new bilateral financing agreements that extend debt maturities to 2030. Revenue declined 4.8% year-over-year to $200.8 million due to increased idle days and lower charter rates, but the company maintains strong revenue visibility with 97% of its containership fleet fixed for 2026 and contracted revenues of approximately $6.1 billion. The company declared a quarterly dividend of $0.125 per share on common stock, payable August 6, 2026, and announced the sale of two vessels expected to generate proceeds of $54.5 million.

•2mo ago

CMDB: SCHEDULE 13D · ownership disclosure

Mr. Konstantakopoulos purchased 330,682 shares of Costamare Bulkers Holdings Ltd in open market transactions between June 22, 2026, and July 17, 2026. The reported transaction prices ranged from a low of $17.06 to a high of $20.00 per share. These transactions were disclosed in an exhibit attached to a Schedule 13D filing.

SEC SCHEDULE 13D•3mo ago

CMDB: 6-K · periodic report

Costamare Bulkers Holdings Ltd reported strong first-quarter 2026 results, generating $111.5 million in voyage revenue and $9.9 million in net income, or $0.41 per share. This marks the company's first full quarter of standalone operations following its spin-off from Costamare Inc. in May 2025. The company benefited from a $7.7 million gain on the sale of two dry bulk vessels, the Clara and the Miracle, and a $2.3 million net gain on derivative instruments. Operating cash flow was robust at $18.9 million, supported by high charter rates and efficient fleet utilization. As of March 31, 2026, Costamare Bulkers held $258.5 million in cash and equivalents against total debt of approximately $155.6 million. The company owns a fleet of 29 dry bulk vessels with a total capacity of 2.6 million DWT and continues to execute on its strategy of fleet optimization and strategic partnerships, including a cooperation agreement with Cargill.

SEC 6-K•4mo ago