
Costamare Bulkers Holdings Limited Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2026
GlobeNewsWire
Published: Aug 03, 2026, 09:21 AM
Sentiment Analysis
Costamare Bulkers Holdings Limited (“Costamare Bulkers” or the “Company”) (NYSE: CMDB) today reported unaudited financial results for the second quarter and six-month period ended June 30, 2026.
Financial Highlights 1 and Operational Updates
I. PROFITABILITY - LIQUIDITY - DEBT
Q2 2026 Adjusted Net Income 2 of $9.8 million ($0.40 per share).
Q2 2026 Net Income of $5.2 million ($0.21 per share).
Q2 2026 liquidity of $331.5 million 3 .
Cash 4 exceeding Debt 5 by $108.9 million as of the end of Q2 2026.
II. VESSEL SALE
Agreement for the sale of the 2009-built, 55,469 DWT capacity dry bulk vessel, Bermondi .
Sale is expected to be concluded in Q3 2026.
III. OPERATING PLATFORM
Completion of the previously announced transaction with Cargill International S.A. (“Cargill”), with no pending transfers of the related trading book.
The operating platform 6 is currently focused on Kamsarmax-type vessels and consists of 26 third-party owned dry bulk vessels including:
Two Capesize vessels chartered-in under period charters (one expected to be redelivered within 2026).
24 Kamsarmax/Panamax vessels, 23 of which are chartered-in primarily under short-term period charters or time charter trips.
IV. OWNED FLEET
Costamare Bulkers currently owns a fleet of 30 dry bulk vessels (including the vessel we have agreed to sell) with a total capacity of approximately 2.7 million DWT, consisting of:
6 Capesize vessels, all of which are on period charters.
7 Kamsarmax vessels, out of which 5 are on period charters.
9 Ultramax vessels, out of which 8 are on period charters.
8 Supramax vessels, out of which 4 are on period charters.
12 of the period charters are subject to index-linked charter agreements (with owner’s option to convert to fixed rate based on the prevailing FFA curve) while the remaining 11 are fixed-rate agreements.
Mr. Gregory Zikos, Chief Executive Officer of Costamare Bulkers Holdings Limited, commented: “ During the second quarter of the year Costamare Bulkers generated an adjusted net in...
Source: GlobeNewsWire
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