Castor Maritime (CTRM) has released an update.
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Castor Maritime Inc., a global shipping company, has announced the acquisition of a 2009-built 1,850 TEU containership for $16.49 million, financed by cash on hand. Slated for delivery by October 2024, the vessel is expected to immediately generate revenue under a four-month time charter contract at $29,000 per day. This strategic move will expand Castor’s diverse fleet to 12 vessels, enhancing its capacity and presence in the maritime transport industry.
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