Castor Maritime (CTRM) has released an update.
Castor Maritime Inc., a diversified global shipping company, has announced the purchase of a 2020-built Kamsarmax bulk carrier for $29.95 million, intending to bolster its fleet with cash on hand. The acquisition, which is set to be completed in October 2024, will expand the company’s fleet to 13 vessels with a combined capacity of 0.9 million dwt. This strategic move is aimed at enhancing Castor Maritime’s shipping services internationally.
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