Independent journal on economy and transport policy
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SHIPPING
Costamare records record annual and quarterly revenues
Last year, the turnover grew by +37.9%
Monaco
February 5, 2025
In 2024, the value of the Monegasque Costamare's revenues has
reached a record $2.08 billion, with a
growth of +37.9% on the previous year. The profit
amounted to €462.3 million (-1.2%) and net profit
to $316.3 million (-17.0%).
In the fourth quarter of 2024 alone, revenues stood at
548.4 million, a value that represents an increase of +10.8% on the
same period in 2023 and the new quarterly all-time record.
Operating profit amounted to €127.2 million (+19.6%) and
net profit at €31.9 million (-69.5%).
Costamare's fleet consists of 68 container ships
chartered from the main maritime carriers in the market and
by 38 bulk carriers.
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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In 2024, the value of the Monegasque Costamare's revenues has
reached a record $2.08 billion, with a
growth of +37.9% on the previous year. The profit
amounted to €462.3 million (-1.2%) and net profit
to $316.3 million (-17.0%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
