Castor Maritime ( (CTRM) ) has issued an announcement.
On March 21, 2025, Castor Maritime Inc. announced agreements to sell two Panamax vessels, the M/V Magic Eclipse and the M/V Magic Callisto, for a total of $28 million. These transactions, approved by a special committee of independent directors, are expected to impact the company’s fleet composition and financial position as the vessels are delivered to new owners in the first half of 2025.
More about Castor Maritime
Castor Maritime Inc. is a diversified global shipping and energy company involved in investment and asset management, vessel ownership, technical and commercial ship management, and energy infrastructure projects. The company owns a fleet of 12 vessels with a total capacity of 0.8 million dwt and is the majority shareholder of the Frankfurt-listed investment and asset manager MPC Münchmeyer Petersen Capital AG.
YTD Price Performance: -11.01%
Average Trading Volume: 47,786
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $24.68M
See more data about CTRM stock on TipRanks’ Stock Analysis page.
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