Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Vela [Yahoo! Finance]
Castor Maritime Inc. - Common Shares (CTRM)
Company Research
Source: Yahoo! Finance
company, announces that on May 23, 2024, it completed the previously announced sale of the M/V Magic Vela , a 2011-built Panamax bulk carrier vessel, for a price of $16.4 million, by delivering the vessel to its new owner. The Company expects to record a net gain of approximately $2.7 million from the above-mentioned sale, excluding any transaction-related costs, during the second quarter of 2024. About Castor Maritime Inc. Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of oceangoing cargo vessels. Castor owns a fleet of 11 vessels, with an aggregate capacity of 0.8 million dwt, currently consisting of three Kamsarmax vessels, six Panamax dry bulk vessels, including the M/V Magic Horizon , which the Company agreed to sell on January 29, 2024, and two 2,700 TEU containership vessels. For more information, please visit the Company's website at www.castormaritime.com . Information on our website does not constitute a
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News
- Castor Maritime Inc. Announces Final Results of Tender Offer to Purchase its Outstanding Common Share Purchase Warrants Issued on April 7, 2021GlobeNewswire
- Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Horizon [Yahoo! Finance]Yahoo! Finance
- Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic HorizonGlobeNewswire
- Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic VelaGlobeNewswire
- Castor Maritime Inc. Reports Net Income of $22.3 Million for the Three Months Ended March 31, 2024 [Yahoo! Finance]Yahoo! Finance
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