Costamare Inc. announced that it has agreed to purchase the 1997-built container vessel Messini (ex. Pembroke) and to charter the vessel for a period of approximately 18 months.
In particular, the company has agreed to purchase the 1997-built, 2,458TEU container vessel Messini (ex. Pembroke) for just $6.8m.
Gregory Zikos, Chief Financial Officer of the company, commented: "We continue to execute on our strategy by taking advantage of attractive asset values.
"The purchase price for the Messini, which is close to her estimated scrap value, together with the time charter arranged, allow us to generate healthy returns and eliminate residual value risk."
Maersk Broker also hailed Costamare's acquisition as setting a benchmark, saying "It's the lowest price we have recorded for a 2,500 teu, bought for further trading within recent years".
Published : August 31, 2012
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