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Costamare Inc (CMRE) Q3 2021 Earnings Call Transcript

Costamare Inc (CMRE) Q3 2021 Earnings Call Transcript

The container market rebound that began in the second half of last year is continuing, drawing strength from favorable supply and demand dynamics. The availability of containerships in the market has been stretched thin due to high cargo volumes and strong tonnage demand, that has been exacerbated by port congestion and an overall shortage of equipment. All our containerships chartered during the quarter have been fixed at increasingly high levels of hire.