Cyprus-based shipping firm Castor Maritime, through a separate wholly-owned subsidiary, has agreed to purchase a 2012 Japanese-built Panamax dry bulk carrier.
This vessel will be acquired from a third-party in a deal valued at $23.55m.
The deal terms were sanctioned by a special committee of disinterested and independent directors of the firm.
Delivery of the ship will take place after the deployment of a ballast water treatment system and completion of the vessel’s ongoing dry docking and special...
https://www.ship-technology.com/news/castor-maritime-panamax-carrier/