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-0.0138888888888888 -0.0138888888888888 -0.0138888888888888 -0.0416666666666666 -0.0138888888888888 0.0040555555555556 0.000305555555555584 0
Stock impact report

Castor Maritime Inc. Announces the Sale of the M/V Ariana A for a Price of $16.5 Million

Castor Maritime Inc. - Common Shares (CTRM) 
Company Research Source: GlobeNewswire
LIMASSOL, Cyprus, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on November 13, 2024, it entered, through a separate wholly-owned subsidiary, into an agreement with an unaffiliated third party for the sale of the M/V Ariana A, a 2005-built 2,700 TEU containership vessel, for a price of $16.5 million. The vessel is expected to be delivered to its new owner during the first quarter of 2025. The Company expects to record during the first quarter of 2025 a net loss of approximately $3.3 million from the sale of the M/V Ariana A, excluding any transaction-related costs. 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 13 vessels, with an aggregate capacity of 0.9 million dwt, consisting of four Kamsarmax dry bulk vessels, five Panamax dry bu Show less Read more
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