Castor Maritime Inc

Castor Maritime Inc. Announces New Vessel Acquisitions

Castor Maritime Inc. has entered into agreements through two separate wholly-owned subsidiaries, to acquire Panamax dry bulk carriers for a purchase price of $19.06 and $21.0 million respectively, says a press release published on their website.

The purchase deal

Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that it entered, through two separate wholly-owned subsidiaries, into agreements to acquire a 2013 Japanese-built and a...

https://mfame.guru/castor-maritime-inc-announces-new-vessel-acquisitions/

Castor Maritime Acquires Its Seventh Kamsarmax for the Year

Castor Maritime acquires a 2013 Japanese-built kamsarmax bulker, the eighteenth addition to the fleet this year, says a press release published on their website.

Vessel acquisition details

Nasdaq-listed Greek owner Castor Maritime has swooped to acquire a 2013 Japanese-built kamsarmax bulker, its seventh kamsarmax buy and the eighteenth addition to the fleet this year.

Castor paid $21m for the vessel, which matches the description of Defender Holding’s kamsarmax Peak Proteus which has been...

https://mfame.guru/castor-maritime-acquires-its-seventh-kamsarmax-for-the-year/

Castor Maritime Announces Kamsarmax Vessel Acquisition

  • Castor Maritime Inc., announces that it acquires a 2015 Chinese-built Kamsarmax dry bulk carrier from an unaffiliated third-party for a purchase price of $23.5 million.
  • It entered through a separate wholly-owned subsidiary, into an agreement for the purchase.

According to a press release published by Castor Maritime Inc, Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that it entered, through a separate wholly-owned...

https://mfame.guru/castor-maritime-announces-kamsarmax-vessel-acquisition/

Castor Maritime Inc Announces Kamsarmax Vessels Delivery

  • Castor Maritime Inc. announces the delivery of the M/V Magic Twilight and M/V Magic Thunder.
  • The pursuant to the transactions was previously announced on February 18 and March 12, 2021, respectively.
  • Both acquisitions were financed in their entirety with cash on hand.

According to a press release published by Castor Maritime, Castor Maritime Inc., a diversified global shipping company, announces that on April 9, 2021, it took delivery of the M/V Magic Twilight, a 2010 Korean-built Kamsarmax...

https://mfame.guru/castor-maritime-inc-announces-kamsarmax-vessels-delivery/

Castor Maritime Inc Announces Its Time Charter Contract

Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that it has entered, through two separate wholly-owned subsidiaries, into agreements to purchase two 2005 Korean-built Aframax LR2 tankers from an unaffiliated third-party seller for an aggregate purchase price of $27.2 million, says a press release published by it.

The Time Charter

Both vessels have attached time charter contracts with a reputable charterer (the “Charterer”) with an...

https://mfame.guru/castor-maritime-inc-announces-time-charters/

Castor Maritime Inc. Announces Its $15.85m Purchase Deal

Castor Maritime Inc., announces the purchase of a 2010 Japan-built Kamsarmax dry bulk carrier for a price of $15.85 million, says a press release published on their website.

Purchase agreement

Castor Maritime Inc. (NASDAQ: CTRM), specializing in the ownership of dry bulk vessels, announces that it entered, through a separate wholly-owned subsidiary, into an agreement to purchase a 2010 Japan-built Kamsarmax dry bulk carrier from an unaffiliated third-party for a purchase price of $15.85 million.

De...

https://mfame.guru/castor-maritime-inc-announces-its-15-85m-purchase-deal/

Acquisition of a Second Dry Bulker by Castor Maritime Inc.

  • Castor Maritime Inc. entered into an agreement to purchase a 2001 Korean built Panamax dry bulk carrier from an unaffiliated third party.
  • Addition of the bulker fleet will be incremental to the cash generating ability and will be consistent with the growth-oriented strategy and goal of increasing shareholder value of the company.

Castor Maritime Inc. enters into an agreement to purchase its second dry bulk carrier, reports Sea News.

Castor Maritime Inc.

Castor Maritime Inc. is a global shipping...

http://mfame.guru/acquisition-of-a-second-dry-bulker-by-castor-maritime-inc/

Castor Maritime Charters Panamax Vessel with Oldendorff

  • Castor Maritime Inc. entered into a time charter contract with Oldendorff Carriers GMBH & Co KG Luebeck for its panamax vessel .
  • The gross charter rate is US$11 250/d, for a period of a minimum of 5 months up to a maximum of about 8 months.
  • For the first 30 days period the daily gross rate is US$9000. The charter commenced on 12 March 2019.
  • This employment may generate approximately US$1.60 million of gross revenue for the minimum scheduled period.

On Thursday last week, Castor Maritime Inc.,...

http://mfame.guru/castor-maritime-charters-panamax-vessel-with-oldendorff/

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