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flag Costamare Inc. plans to spin off its dry bulk shipping business into a new company to enhance value and flexibility.

flag Costamare Inc., a major container shipping company, plans to spin off its dry bulk shipping business into a separate company, Costamare Bulkers Holdings Limited, aiming to unlock value and improve financial flexibility. flag The spin-off, expected to be completed through a share distribution to Costamare's shareholders, will create two US-listed companies focused on specific sectors. flag The transaction, subject to regulatory approvals and board finalization, could lead to improved investment opportunities and sector-specific growth.

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