tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Castor Maritime announces completion of sale of M/V Ariana A

Castor Maritime (CTRM) announces that on January 22, 2025, it completed the previously announced sale of the M/V Ariana A, a 2005-built 2,700 TEU containership vessel, for a price of $16.5 million by delivering the vessel to its new owner. The Company expects to record during the first quarter of 2025 a net loss of approximately $3.3 million from the sale of the M/V Ariana A, excluding any transaction-related costs.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1