Costamare announces new directors

containershipCostamare Inc., an international owner and provider of container ships for charter, has announced the election of two Class III directors at the company’s annual meeting of stockholders held in Monaco on Wednesday, October 12.

The newly-elected directors are Konstantinos Konstantakopoulos and Charlotte Stratos. Each Class III director was elected to hold office for a term ending at the annual meeting of stockholders in 2019 and until his or her successor has been elected and qualified. Stockholders also ratified the appointment of Ernst & Young (Hellas) Certified Auditors Accountants SA as the Company’s independent auditors for the fiscal year ending December 31, 2016.

Costamare Inc. is one of the world’s leading owners and providers of container ships for charter. The company has 42 years of history in the international shipping industry and a fleet of 72 container ships, with a total capacity in excess of 467,000 TEU, including 10 newbuild container ships on order.

Eighteen of the company’s container ships, including 10 newbuilds, have been acquired pursuant to the Framework Agreement with York Capital Management by vessel-owning joint venture entities in which Costamare hold a minority interest.