Costamare Inc. (Costamare), is a Greece-based international owner of containerships, chartering the Company’s vessels to liner companies. Currently the Company has a fleet of 67 containerships with a total capacity in excess of 445,000 twenty feet equivalent unit (TEU). The Company’s containerships operate primarily under multi-year time charters and therefore are not subject to the effect of seasonal variations in demand. The Company’s customers include international liner companies, including A.P. Moller-Maersk, COSCO, Evergreen, Hapag Lloyd, Hyundai Merchant Marine Co., Ltd., MSC, CMA CGM S.A., China Shipping Container Lines Co., Ltd. and Zim.