Costamare Bulkers Holdings Ltd

Costamare Bulkers Holdings Ltd is an international owner and operator of dry bulk vessels, providing global transportation of dry bulk commodities to a diverse customer base. As of March 16, 2026, the company's owned fleet comprises 31 vessels, including one vessel agreed for sale and one vessel agreed for acquisition, with a total carrying capacity of approximately 2,846,000 deadweight tons (dwt). Additionally, as of March 16, 2026, the CBI business has chartered-in 19 vessels, excluding one vessel to be novated to Cargill and two vessels sub-chartered out to Cargill on back-to-back terms under a Cooperation Agreement. These chartered-in vessels have a total carrying capacity of approximately 2,229,000 dwt, all of which have been delivered and are or will be employed under voyage charters or sub time charters. CBI has also contracted to charter-in two Kamsarmax vessels, currently under construction, which include purchase options during the charter-in period, upon their delivery to third-party owners. The company's vessels transport a wide range of major and minor bulk commodities across global shipping routes. For the year ended December 31, 2025, iron ore, coal, and grain constituted the majority of cargoes, representing approximately 70%, 11%, and 4%, respectively. Bauxite and other minor bulks accounted for 7% and 8%, respectively, of cargoes during the same period. For its owned fleet, Costamare Bulkers Holdings Ltd's chartering policy primarily involves employing vessels on short-term time charters and index-linked charters.