Costamare on bulker expansion path again, as ship values wobble

Greek owner is believed to have struck again, after falling rates dent secondhand bulker prices

Window of opportunity: Despite a wobble in asset prices, bulker buying interest remains. Greek buyers have reportedly paid $28.5m for the Nautical Alice
Window of opportunity: Despite a wobble in asset prices, bulker buying interest remains. Greek buyers have reportedly paid $28.5m for the Nautical AlicePhoto: Farid Mernissi/Creative Commons
Published 16 November 2021, 13:49Updated 17 November 2021, 11:53
GreeceCostamareUltramax bulkersSale and purchaseGrieg Group