CMRE

• Executed a strategy to renew the fleet and secure long-term cash flows by ordering 16 new ships from Chinese shipyards, with deliveries expected from Q4 2027 to Q2 2030 and long-term charters with Costco Shipping.
• Incremental contracted revenues from new charters total about $2.8 billion. Total contracted revenues now stand at $6.2 billion with a remaining time charter duration of 6.1 years.
• Agreed to acquire two second-hand 5,600 EU vessels to be completed in Q4 2026, each commencing a 42-month time charter with a leading line operator.
• Management recommends increasing the quarterly dividend per share from 11.5 to 12.5 cents, subject to board approval.

• Recommends increasing the quarterly dividend per share from 11.5 to 12.5 cents, starting from the second quarter of 2026.
• New building contracts for 16 containers with deliveries expected between June 4, 2027 and June 2, 2030, with pre- and post-delivery financing arranged.
• Acquisition of two second-hand vessels expected to be completed in Q4 2026 with 42-month time charters.

In the first quarter, the company had an adjustment net income of $76 million or $0.63 per share, net income of $75 million or $0.62 per share. Liquidity stood at approximately $640 million. The company ordered 16 new buildings from Chinese shipyards, with incremental contracted revenues from new charters amounting to about $2.8 billion. Total contracted revenues have reached $6.2 billion with a remaining time charter duration of 6.1 years.