Group 1 - Costamare Inc. has announced an annual meeting of stockholders to be held virtually on October 2, 2025 [1] - Stockholders of record as of August 7, 2025, will be entitled to vote at the annual meeting [2] - Costamare Inc. is a leading owner and provider of containerships with a fleet of 68 containerships and a total capacity of approximately 513,000 TEU [3]

Core Viewpoint - Global Ship Lease, Inc. has received stable credit ratings from leading agencies, reflecting its strong financial performance and strategic positioning in the containership industry [1][2][3]. Group 1: Credit Ratings - Moody's has maintained a Ba2 Corporate Family Rating with a stable outlook for Global Ship Lease [1] - S&P Global Ratings affirmed a long-term issuer credit rating of BB+ with a stable outlook [1] - Kroll Bond Rating Agency kept the corporate rating at BB+ and affirmed the BBB/stable investment grade rating for the company's 5.69% Senior Secured Notes due 2027 [1][2] Group 2: Financial Performance - The credit rating agencies highlighted the company's strong cash flow used for deleveraging and a disciplined low leverage strategy [2] - GSL has demonstrated revenue stability through attractive multi-year time charter agreements [2] - The company has shown resilience during industry disruptions, maintaining strong earnings and cash flow through market cycles [2] Group 3: Strategic Positioning - GSL's management team is experienced, and the company has a conservative chartering policy [2] - The focus on mid-sized and smaller containerships positions GSL in sub-segments less exposed to fleet growth, enhancing value through high-reefer capacity [2] - The average age of the fleet is 17.5 years, with 39 ships classified as wide-beam Post-Panamax as of March 31, 2025 [5] Group 4: Contracted Revenue - As of March 31, 2025, the average remaining term of the company's charters was 2.3 years on a TEU-weighted basis, with contracted revenue of $1.87 billion [6] - Including options under charterers' control, contracted revenue was $2.37 billion, representing a weighted average remaining term of 3.0 years [6]

Company Overview - Global Ship Lease, Inc. is a leading independent owner of containerships with a diversified fleet of mid-sized and smaller containerships [2] - The company commenced operations in December 2007 and was listed on the New York Stock Exchange in August 2008 [2] Fleet and Operations - As of December 31, 2024, the company had a fleet of 71 vessels with an average age weighted by TEU capacity of 17.6 years [3] - The company agreed to purchase newly acquired vessels, with three delivered in December 2024 and one in January 2025 [3] - The company sold an older vessel, Tasman, with expected delivery in late March 2025, and two more vessels, Akiteta and Keta, in February 2025 [3] Charter Agreements - The average remaining term of the company's charters, on a TEU-weighted basis, was 2.3 years as of December 31, 2024 [4] - Contracted revenue on a TEU-weighted basis was $1.88 billion, while total contracted revenue, including options under charterers' control, was $2.37 billion, representing a weighted average remaining term of 2.9 years [4] Dividend Declaration - The company's Board of Directors declared a dividend of $0.525 per Class A common share for the first quarter of 2025, to be paid on June 3, 2025 [1]

MONACO, May 08, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2025 (“Q1 2025”). I. PROFITABILITY AND LIQUIDITY Q1 2025 Net Income available to common stockholders of $95.0 million ($0.79 per share).Q1 2025 Adjusted Net Income available to common stockholders1 of $73.3 million ($0.61 per share).Q1 2025 liquidity of $1,022.6 million2. II. COMPLETION OF SPIN-OFF OF COSTAMARE’S DRY BULK BUSINES ...

MONACO , May 07, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) (the “Company”) announced today that it has completed the spin-off of its dry bulk business into a standalone public company, Costamare Bulkers Holdings Limited (“Costamare Bulkers”). Each holder of Costamare Inc. common shares received one common share of Costamare Bulkers Holdings Limited for every five Costamare Inc. common shares held as of the close of business on April 29, 2025. The successful execution of the Costamare Bulkers spin- ...

Earnings Release: Thursday, May 8, 2025, Before Market OpensConference Call and Webcast: Thursday, May 8, 2025, at 8:30 a.m. ET MONACO, May 06, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) (the “Company”), announced today that it will release its results for the first quarter ended March 31, 2025 before the market opens in New York on May 8, 2025. Conference Call Details: On Thursday, May 8, 2025 at 8:30 a.m. ET, Costamare’s management team will hold a conference call to discuss the financial result ...

ATHENS, Greece, May 05, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the Company’s results for the first quarter 2025 on Monday, May 19, 2025 at 10:30 a.m. Eastern Time. The Company will issue financial results for the first quarter 2025 on Monday, May 19, 2025 before the open of market trading. What:First Quarter 2025 Conference Call and Webcast When:Monday, May 19, 2025 at 10:30 a ...

Company Overview - Global Ship Lease, Inc. is a leading independent owner of containerships with a diversified fleet of mid-sized and smaller containerships [3] - The company commenced operations in December 2007 and was listed on the New York Stock Exchange in August 2008 [3] Fleet and Operations - As of December 31, 2024, the company had a fleet of 71 vessels with an average age weighted by TEU capacity of 17.6 years [4] - The company agreed to purchase newly acquired vessels, with three delivered in December 2024 and one in January 2025 [4] - The company sold an older vessel, Tasman, with expected delivery in late March 2025, and two more vessels, Akiteta and Keta, with deliveries in February and March 2025 respectively [4] Charter Agreements and Revenue - The average remaining term of the company's charters, on a TEU-weighted basis, was 2.3 years as of December 31, 2024 [5] - Contracted revenue on a TEU-weighted basis was $1.88 billion, while total contracted revenue, including options under charterers' control, was $2.37 billion, representing a weighted average remaining term of 2.9 years [5]