Costamare reports higher profit

Friday, February 03, 2012

The containership leasing company Costamare, the owner of the vessel Rena which went aground in New Zealand in October, reported a profit of $26.1 million in the fourth quarter ending Dec. 31, compared to $11.8 million in the fourth quarter of 2010. Costamare said it had revenue of $102 million in the fourth quarter 2011, compared to $85.7 in the same 2010 period. For the full-year 2011, the company had a profit of $87.6 million, compar...

You have requested access to content only available to Registered Users of American Shipper. You can become a registered user for FREE. You will not have access to premium content.

Your registration to American Shipper is FREE and will provide you access to much of the content on the American Shipper Web site. You will not have access to Premium Content.

SUBSCRIBE NOW
Access to premium content, original reporting, research, and feature stories require a paid subscription. Subscriptions to American Shipper costs $120 a year. Your subscription includes unlimited access to content on the American Shipper Website, early access to the digital edition of the monthly magazine, and the daily AS+ premium newsletter published each morning.