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0 0 0 0 -0.00488997555012215 0.0268948655256725 0.0256723716381419 0.0293398533007335
Stock impact report

Castor Maritime Inc. Announces Vessel Acquisition

Castor Maritime Inc. - Common Shares (CTRM) 
Company Research Source: GlobeNewswire
LIMASSOL, Cyprus, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that it has entered, through a separate wholly-owned subsidiary, into an agreement with an unaffiliated third-party to acquire a 2020-built Kamsarmax bulk carrier vessel for a purchase price of $29.95 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 during October 2024 and is subject to the satisfaction of certain customary closing conditions. 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 above-mentioned vessel acquisition, Castor will own a fleet of 13 vessels, with an aggregate capacity of 0.9 million dwt, consisting of four Kamsarmax vessels, five Panamax dry bu Show less Read more
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