Costamare
- Company typePublic
- Founded1975
- HeadquartersMonaco, Germany
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
Costamare firmographics
Firmographics- Name
- Costamare
- Legal name
- Costamare Inc.
- Website
- https://costamare.com
- Company type
- Public
- Founded year
- 1975
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Where Costamare is headquartered
LocationHeadquarters
- HQ city
- Monaco
- HQ country
- Germany
- HQ region
- Europe
Offices5 records
Markets served
Costamare business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Supply Chain
Revenue model
- Time Charter Revenue: Primary revenue stream from time chartering containerships to liner companies. Vessels are chartered on long-term agreements providing contracted revenue visibility. The company operates a fleet of 93 containerships (including vessels under construction and secondhand acquisitions) serving major global liner operators.
- Lease Financing: The company participates in a leasing business that provides financing to third-party owners, generating additional revenue streams through maritime financing activities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Long-term time charter contracts with major liner companies |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Costamare product offering
Product offeringCore offering
Costamare Inc. owns and operates a fleet of 93 containerships (including 22 vessels under construction and two secondhand vessels agreed to be acquired) with approximately 673,000 TEU total capacity. The company time-charters these vessels under long-term contracts to leading global liner companies such as Maersk, MSC, Evergreen, Yang Ming, COSCO, Hapag-Lloyd, and ZIM. Additionally, Costamare participates in a maritime leasing business through Neptune Maritime Leasing Limited, providing financing to third-party vessel owners.
Product overview
Costamare is a leading international owner of containerships operating a single unified business model centered on vessel ownership and chartering services. The company owns and operates a fleet of 93 containerships (including 22 vessels under construction and two secondhand vessels) with approximately 673,000 TEU total capacity, serving liner companies including Maersk, MSC, Evergreen, Yang Ming, Cosco, Hapag-Lloyd and ZIM. In addition to its core containership chartering operations, Costamare expanded into maritime leasing (financing) services in 2023 through Neptune Maritime Leasing Limited, providing financing to third-party owners. The fleet ranges from feeder vessels (~1,078 TEU) to post-panamax vessels (up to 14,424 TEU), serving various trade routes globally. The company also maintains an active newbuilding program with 22 vessels under construction to be delivered through 2030.
Differentiator
Problem solved
Functional benefit
Products and services
- Containership Fleet Chartering Services Time-chartering of a fleet of 93 containerships (approximately 673,000 TEU total capacity), including feeder, panamax and post-panamax vessels, to major global liner companies for short, medium and long-haul routes on East-West, North-South, and intra-regional trades. Charter contracts are long-term, providing contracted revenue visibility.
- Maritime Leasing (Financing) Services Maritime leasing and financing services provided to third-party vessel owners through Costamare's investment in Neptune Maritime Leasing Limited. Generates revenue through structured maritime financing arrangements.
- Newbuilding Program Newbuild containership order program comprising 22 vessels under construction, including 12 vessels of 9,200 TEU capacity and 10 vessels of 3,100 TEU capacity, scheduled for delivery between Q2 2027 and Q2 2030, all chartered to COSCO and other charterers upon delivery.
Quantifiable outcome
- Fleet utilization approaching 100% excluding scheduled maintenance
- +2 more outcomes
Companies that use Costamare
Customer profileNamed customers10 records
Segments1 record
Ideal customer profiles2 records
Costamare technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Costamare partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- Blue Net Chartering GmbH & Co. KGminorBlue Net Chartering was appointed as the exclusive charter brokerage services provider for Costamare, providing chartering brokerage services to the company's vessels.
- V. Ships Greece Ltd.coreV.Ships Greece Ltd. and V.Ships Shanghai Limited provide technical management services to more than 50 of Costamare's container and dry bulk vessels. The cooperation provides resources for growth and flexibility to adjust fleet size.
- COSCO ShippingcoreCOSCO Shipping has a major charter agreement with Costamare covering 16 container ships (12 x 9,200 TEU and 4 x 3,100 TEU vessels) adding approximately $2.8 billion in contracted revenues. Vessels will be delivered between 2027 and 2030.
- C-Man MaritimeminorC-Man Maritime operates as a vessel manning agency founded in 2006, providing crew management services for Costamare vessels. Costamare indirectly owns 25% of C-Man Maritime.
- Shanghai Costamare Ship Management Co., LtdcoreEstablished in Shanghai, China in 2005, Shanghai Costamare provides ship management services and was founded by Konstantinos Konstantakopoulos who holds controlling interest.
Scale indicators10 records
Recent moves14 records
Expansion highlights5 records
Costamare competitors and assessment
Company assessmentDirect peers
- Global Ship Lease: NYSE-listed containership lessor with a fleet of mid-size and smaller containerships chartered to liner companies. Highly comparable business model to Costamare, focused purely on containership ownership and time chartering, with similar customer concentration on major liner companies.
- Seaspan Corporation: Owned by Atlas Corp, Seaspan is one of the world's largest containership lessors with a diverse fleet chartered primarily to liner customers. Direct competitor to Costamare in the containership lessor space with overlapping customer base and similar time-charter model.
- Danaos Corporation: NYSE-listed containership owner with a fleet of post-panamax vessels chartered to liner companies including Maersk, MSC, and ZIM. Closely comparable to Costamare as a publicly traded containership lessor serving the same blue-chip liner customer base.
- MPC Container Ships: Oslo-listed containership owner with a fleet focused on smaller feeder and panamax tonnage. Operates similar business model to Costamare of time-chartering containerships to liner companies, though with smaller average vessel sizes.
- Triton International: Was one of the world's largest container lessors (acquired by Brookfield Infrastructure in 2023). Direct competitor to Neptune Maritime Leasing in the container leasing space, providing maritime finance and equipment leasing services similar to Costamare's Neptune platform.
- Beacon Intermodal Leasing: Global container lessor providing container leasing and maritime container fleet management. Comparable to Neptune Maritime Leasing in offering capital to vessel/container owners, though Beacon focuses on containers rather than vessels.
- SeaCube Container Leasing: Container leasing company (owned by Japanese shipping group) providing containers and intermodal equipment on lease. Adjacent competitor in the maritime equipment leasing space with overlapping customer base of liner companies.
Broad incumbents
- Hapag-Lloyd: One of the world's largest liner shipping companies and a Costamare customer (time charter counterparty). Operates own vessel fleet but also charters significant tonnage from independent owners like Costamare, representing both customer and competitor dynamic in container shipping.
- A.P. Moller-Maersk: Global liner shipping leader and Costamare's largest historical customer. While primarily a liner operator, Maersk's strategy of integrating with logistics businesses and owning some tonnage creates a complex customer/competitor relationship with containership lessors like Costamare.
- ZIM Integrated Shipping Services: NYSE-listed liner shipping company that charters significant tonnage from independent owners including Costamare. Operates own vessel fleet while relying on time charters for capacity expansion, making it both a customer and partial competitor to containership lessors.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Costamare social profiles
Digital presenceCostamare compliance and trust
Trust signalCompliance4 records
Costamare financial estimates
Financial estimateRevenue estimate
Valuation estimate
Costamare leadership team
Management profileNumber of profiles
Profiles6 records
Costamare subsidiaries and ownership
Company hierarchySubsidiaries6 records
Costamare funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Costamare M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Costamare
What does Costamare do?
Costamare Inc. owns and operates a fleet of 93 containerships (including 22 vessels under construction and two secondhand vessels agreed to be acquired) with approximately 673,000 TEU total capacity. The company time-charters these vessels under long-term contracts to leading global liner companies such as Maersk, MSC, Evergreen, Yang Ming, COSCO, Hapag-Lloyd, and ZIM. Additionally, Costamare participates in a maritime leasing business through Neptune Maritime Leasing Limited, providing financing to third-party vessel owners.
Is Costamare a public or private company?
Costamare is a public company. It is classified as public and is currently operating.
When was Costamare founded?
Costamare was founded in 1975. It employs 1,001 to 5,000 people.
Where is Costamare based?
Costamare is headquartered in Monaco, Germany, in the Europe region.
How does Costamare make money?
Two revenue lines are on record. Time Charter Revenue is the primary driver. The others are lease Financing.
Who are Costamare's main competitors?
Direct peers on record are Global Ship Lease, Seaspan Corporation, Danaos Corporation, MPC Container Ships, Triton International, Beacon Intermodal Leasing and SeaCube Container Leasing. Broad incumbents are Hapag-Lloyd, A.P. Moller-Maersk and ZIM Integrated Shipping Services.
Does Costamare have an API?
No public API is recorded for Costamare.