Costamare, owner of a mixed fleet of nearly 120 container ships and bulkers, said on Wednesday it has no plans to split its fleet into pure-play entities in the foreseeable future.

“For the time being, there are no immediate plans to have a spin-off or have a separate company where we would have a dry bulk platform and a container ship platform,” chief financial officer Gregory Zikos told analysts in a conference call after third-quarter financial results.

“We don’t see any reason today to have a spin-off.