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Costamare tipped to have entered bulker segment with acquisition of three kamsarmaxes

Greek boxship owner Costamare has been named by brokers as the buyer of three kamsarmax bulkers in two separate deals.

Advanced Shipping & Trading and Seasure Shipbroking have named Costamare as the buyer of 2012-built pair Pedhoulas Builder and Pedhoulas Farmer for a total of $44m. The two bulkers, built at Chinese yard Zhejiang Ouhua, were sold by compatriot owner Safe Bulkers last week.

Additionally, the two broking houses list Costamare as the buyer of Japanese kamsarmax Spring Aeolian. The Sanoyas-built (2012) bulker was reported sold by Shunzan Kaiun for $21.3m.

Costamare is currently listed by VesselsValue with a fleet of 68 containerships.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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