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Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Vela
Castor Maritime Castor Maritime (US:CTRM) Newsfilterยท2024-05-23 13:00

Core Viewpoint - Castor Maritime Inc. has successfully completed the sale of the M/V Magic Vela for $16.4 million, expecting a net gain of approximately $2.7 million from this transaction in Q2 2024 [1][2]. Company Overview - Castor Maritime Inc. is a diversified global shipping company that provides shipping transportation services through its ownership of oceangoing cargo vessels [3]. - The company owns a fleet of 11 vessels with a total capacity of 0.8 million deadweight tons (dwt), including three Kamsarmax vessels, six Panamax dry bulk vessels, and two 2,700 TEU containership vessels [3].