Castor Maritime Inc. Announces Vessel Acquisition
Castor Maritime Inc. - Common Shares (CTRM)
Company Research
Source: GlobeNewswire
LIMASSOL, Cyprus, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on September 6, 2024, it entered, through a separate wholly-owned subsidiary, into an agreement to acquire a 2009-built 1,850 TEU containership vessel from an unaffiliated third-party for a purchase price of $16.49 million. The Company expects to finance the acquisition with cash on hand. The acquisition is expected to be concluded by taking delivery of the vessel by October 2024 and is subject to the satisfaction of certain customary closing conditions. Upon delivery, the vessel will be employed under a time charter contract with a duration of about four months at a gross daily rate of $29,000. About Castor Maritime Inc. Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of oceangoing cargo vessels. Following the completion of the
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News
- Castor Maritime Inc. Reports Net Income of $2.8 Million for the Three Months Ended September 30, 2024 and Net income of $48.0 Million for the Nine Months Ended September 30, 2024GlobeNewswire
- Castor Maritime Inc. Announces Delivery of the M/V Magic ArielGlobeNewswire
- Castor Maritime Inc. Announces Delivery of the M/V RaphaelaGlobeNewswire
- Castor Maritime Inc. Announces Vessel AcquisitionGlobeNewswire
- Castor Maritime Inc. Announces Results of its 2024 Annual General Meeting of ShareholdersGlobeNewswire
CTRM
Sec Filings
- 11/7/24 - Form 6-K
- 11/7/24 - Form 6-K
- 9/30/24 - Form 6-K
- CTRM's page on the SEC website