Costamare Inc (NYSE:CMRE)
$ 13.02 -0.48 (-3.56%) Market Cap: 1.56 Bil Enterprise Value: 3.28 Bil PE Ratio: 4.33 PB Ratio: 0.63 GF Score: 91/100
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Q3 2021 Costamare Inc Earnings Call Transcript

Oct 27, 2021 / 12:30PM GMT
Release Date Price: $13.31 (-8.84%)
Operator

Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Inc. Conference Call on the Third Quarter 2021 Financial Results. We have with us Mr. Gregory Zikos, Chief Financial Officer of the company. (Operator Instructions) I must advise you that this conference is being recorded today, Wednesday, October 27, 2021.

We would like to remind you that this conference call contains forward-looking statements. Please take a moment to read Slide #2 of the presentation, which contains the forward-looking statements. I will now pass the floor to your speaker today, Mr. Zikos. Please go ahead, sir.

Gregory G. Zikos
Costamare Inc. - CFO & Director

Thank you, and good morning, ladies and gentlemen. The container market rebound that began in the second half of last year is continuing, drawing strength from favorable supply and demand dynamics. The availability of container ships in the market has been stretched thin due to high cargo volumes and strong tonnage demand, that has been exacerbated by port congestion and overall shortage of

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