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Q4 2020 Costamare Inc Earnings Call Transcript
Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Inc. Conference Call on the Fourth Quarter 2020 Financial results.
We have with us Mr. Gregory Zikos, Chief Financial Officer of the company. (Operator Instructions). I must advise you that this conference is being recorded today, Tuesday, February 2, 2021.
We would like to remind you that this conference call contains forward-looking statements. Please take a moment to read Slide #2 of the presentation, which contains the forward-looking statements.
And I will now pass the floor to your speaker today, Mr. Zikos. Please go ahead, sir.
Thank you, and good morning, ladies and gentlemen. During the fourth quarter, the company continued its profitability. On the back of a rising market, we charted in total 22nd hand vessels during the quarter for periods of up to 10 years, substantially enhancing both our contracted revenues and charter coverage. The new charters contributed north of $440 million in
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