Costamare
Encyclopedia
Costamare Inc. is a Greek
Greece
Greece , officially the Hellenic Republic , and historically Hellas or the Republic of Greece in English, is a country in southeastern Europe....

 shipping company, specialising in the ownership of container ships. It owns a fleet of 61 vessels, with total capacity of 337,000 Twenty-foot equivalent units (TEU), which are chartered out to other shipping operators.

History

The company was founded in 1975 as Costamare Shipping Company S.A. to manage the Konstantakopoulos family's fleet of ships. In 2000 it controlled 21 ships, in 2008, 53, dropping back to 41 in 2010. In 2010 it planned a US$245 million IPO to fund an expansion of its fleet.

MV Rena

In October 2011 the MV Rena
MV Rena
MV Rena is a container ship owned by the Greek shipping company Costamare Inc. through one of its subsidiaries, Daina Shipping Co. The ship was built in 1990 as ZIM America for the Israeli shipping company Zim by Howaldtswerke-Deutsche Werft AG in Kiel, Germany...

, which was being operated under charter by MSC, ran aground on the Astrolabe Reef
Astrolabe Reef
Astrolabe Reef is near Motiti Island, off the Bay of Plenty coast in New Zealand. The reef, which breaks the water surface at low tide, is a renowned scuba diving spot that drops off to in different parts...

 near Tauranga
Tauranga
Tauranga is the most populous city in the Bay of Plenty region, in the North Island of New Zealand.It was settled by Europeans in the early 19th century and was constituted as a city in 1963...

, New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...

. The resulting oil spill was labelled New Zealand's "worst ever environmental disaster".. The Costamare website claims that "The Costamare fleet of containerships has an excellent reputation for smooth, interruption-free service, approaching utilisation levels of 100%. While providing a high level of service to its customers, Costamare Inc. also manages its business with the utmost concern for the safety of people and the environment."

Fleet

  • COSCO Guangzhou
    COSCO Guangzhou
    COSCO Guangzhou is a container ship, and one of the largest currently in service. She was built for Cosco Ship Management in 2006 at the company's shipyards. The ship has capacity for 9,500 TEU and mostly sails between the ports in China, India and Japan and those in Western Europe and the United...

     (Chartered to COSCO
    COSCO
    China Ocean Shipping Company, known as COSCO or COSCO Group, is one of the largest liner shipping companies worldwide. It is a government owned company of the People's Republic of China...

    )
  • MV Rena
    MV Rena
    MV Rena is a container ship owned by the Greek shipping company Costamare Inc. through one of its subsidiaries, Daina Shipping Co. The ship was built in 1990 as ZIM America for the Israeli shipping company Zim by Howaldtswerke-Deutsche Werft AG in Kiel, Germany...

     (Chartered to MSC)

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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