Costamare Bulkers (CMDB)
Charters Capesize-to-Supramax bulk carriers on index-linked rates through a Cargill-anchored trading platform.
Something off on this page? Send us feedback.
Owns a fleet of dry-bulk carriers spanning Capesize through Supramax classes, employed mostly on index-linked period charters that track prevailing spot rates. A chartering platform books cargo commitments and freight-derivative positions alongside Cargill, the counterparty now anchoring most of that trading book following a 2025 cooperation agreement.
Split off from Greek containership operator Costamare in a 2025 share distribution, the company owns dry-bulk carriers spanning Capesize through Supramax classes, most chartered out on index-linked periods tracking prevailing spot rates rather than fixed hire.
An in-house chartering arm books cargo commitments and freight-derivative positions alongside the owned fleet. Since a 2025 cooperation agreement, Cargill has absorbed most of that trading book, chartered in several owned Supramaxes, and taken over bunker procurement, leaving the arm centered on Kamsarmax-class tonnage.
Chartering and operations run from Athens, with derivatives handled in Monaco and agency support across Singapore, Hamburg, Copenhagen and Tokyo. Crewing and management run through related-party agreements with sponsor-group companies, not direct employment.
Incorporated in the Marshall Islands and headquartered in Monaco, the company files as a foreign private issuer; the family controlling its former parent remains its largest shareholder.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $263.1M · Total debt $196.9M · Total assets $1.05B · Shareholders' equity $780.6M
- Revenue
- $129.8M
- Operating income
- $8.3M
- Net income
- $6.0M
No dividends on record.
| Institutions | ≈ 21.37% | 5.18M shares | |
|---|---|---|---|
| 101 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 67.05% | 16.25M shares | |
| 6 holders · as of Jul 20, 2026 | |||
| Other | ≈ 11.58% | 2.81M shares | |
| remainder | |||
24.24M company shares as of Aug 27, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Konstantakopoulos KonstantinosInsider | 30.77% | 7.46M | filed Oct 20, 2025 |
Achillefs KonstantakopoulosInsider | 20.54% | 4.98M | filed Jul 20, 2026 |
Konstantakopoulos, ChristosInsider | 15.72% | 3.81M | filed May 6, 2025 |
Dimensional Fund Advisors LPInstitution | 5.34% | 1.29M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 2.29% | 556,263 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 6, 2026 | Grigorios Zikos | director, officer: Chief Executive Officer | −24,203 | $18.30 |
| Mar 27, 2026 | Katerina Eleftheriou | director | +65 | $15.11 |
- Star Bulk Carriers
Largest US-listed dry-bulk owner across all size classes, ~97% scrubber-fitted
- Safe Bulkers
Family-run Marshall Islands dry-bulk owner, Panamax to Capesize on NYSE
- Genco Shipping & Trading
US-listed dry-bulk owner, Capesize plus Ultramax/Supramax, variable dividend
- Diana Shipping
Marshall Islands dry-bulk owner with Capesize-to-Ultramax fleet on NYSE
- Himalaya Shipping
Bermuda dual-fuel Newcastlemax dry-bulk owner, NYSE and Oslo Børs dual-listed
- Navios Maritime Partners
Diversified dry-bulk, container, and tanker owner; dry-bulk ~39% of fleet
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Costamare Bulkers | $22.98 | −4.90% | $585.7M | 161.1 | — | 0.8 | — |
| Star Bulk Carriers | $31.22 | −1.62% | $3.54B | 12.4 | 7.3 | 2.9 | +61.6% |
| Safe Bulkers | $8.50 | −4.17% | $903.2M | 11.4 | 12.4 | 2.9 | +33.0% |
| Genco Shipping & Trading | $26.96 | −3.14% | $1.21B | 30.7 | 11.5 | 2.8 | +14.0% |
| Diana Shipping | $2.94 | −1.18% | $366.9M | 6.1 | 6.2 | 1.7 | +4.8% |
| Himalaya Shipping | $18.25 | −3.23% | $889.2M | 16.7 | 11.7 | 5.3 | +77.3% |
| Navios Maritime Partners | $88.21 | −3.17% | $2.59B | 6.0 | 4.8 | 1.8 | +25.2% |
| Median | 11.9 | 9.4 | 2.8 | +29.1% |