Castor Maritime Inc., through its subsidiaries, engages in ocean transportation of dry bulk cargoes worldwide. It provides seaborne transportation services for dry bulk cargo, including iron ore, coal, grains, steel products, fertilizers, cement, bauxite, sugar, and scrap metals. The company operates three Panamax vessels with a carrying capacity of approximately 76,122 deadweight ton. Castor Maritime Inc. was founded in 2016 and is based in Limassol, Cyprus.
IPO Year:
Exchange: NASDAQ
Website: castormaritime.com
6-K - Castor Maritime Inc. (0001720161) (Filer)
6-K - Castor Maritime Inc. (0001720161) (Filer)
6-K - Castor Maritime Inc. (0001720161) (Filer)
6-K - Castor Maritime Inc. (0001720161) (Filer)
6-K - Castor Maritime Inc. (0001720161) (Filer)
6-K - Castor Maritime Inc. (0001720161) (Filer)
6-K - Castor Maritime Inc. (0001720161) (Filer)
6-K - Castor Maritime Inc. (0001720161) (Filer)
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6-K - Castor Maritime Inc. (0001720161) (Filer)
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LIMASSOL, Cyprus, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping and energy company, announces the signing of a $50.0 million sustainability-linked senior term loan facility (the "Facility") with a European bank. The Facility will be secured by, among others, a first priority mortgage over four of the Company's dry bulk vessels and will be guaranteed by the Company. The net proceeds from the Facility will be used for general corporate purposes. The Facility has a tenor of five years and bears interest at a rate of Term SOFR plus a margin, which may be adjusted based on the Company's performance against certa
NEW YORK, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Senior executives from leading Container, Dry Bulk, Gas (LNG/LPG) & Tankers shipping companies will present at the 17th Annual Capital Link New York Maritime Forum (NYMF) on Tuesday, October 14, 2025, at the Metropolitan Club in New York City. Organized in partnership with DNB and in cooperation with Nasdaq and NYSE, the Forum invites institutional investors, analysts, shipping executives and all those involved in the maritime industry to attend. The Forum features a series of panel discussions as well as 1x1 meetings between investors and executives from shipping companies. FORUM KEYNOTE ADDRESSES Mr. Randy Fowler, Co-Chief Executive Offi
LIMASSOL, Cyprus, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM) ("Castor" or the "Company"), a diversified global shipping and energy company, today announced its results for the three months and six months ended June 30, 2025. Highlights of the Second Quarter Ended June 30, 2025: Total vessel revenues: $10.2 million for the three months ended June 30, 2025, as compared to $16.3 million for the three months ended June 30, 2024, or a 37.4% decrease;Net income of $6.3 million for the three months ended June 30, 2025, as compared to $22.9 million for the three months ended June 30, 2024, or a 72.5% decrease;Adjusted net income(1) of $2.0 million for the three months e
NEW YORK, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Senior executives from leading Container, Dry Bulk, Gas (LNG/LPG) & Tankers shipping companies will present at the 17th Annual Capital Link New York Maritime Forum (NYMF) on Tuesday, October 14, 2025, at the Metropolitan Club in New York City. Organized in partnership with DNB and in cooperation with Nasdaq and NYSE, the Forum invites institutional investors, analysts, shipping executives and all those involved in the maritime industry to attend. The Forum features a series of panel discussions as well as 1x1 meetings between investors and executives from shipping companies. FORUM KEYNOTE ADDRESSES Mr. Randy Fowler, Co-Chief Executive Offi
NEW YORK, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Capital Link invites institutional investors, analysts, shipping executives and all those involved in the maritime industry to the 17th Annual New York Maritime Forum (NYMF) on Tuesday, October 14, 2025, at the Metropolitan Club in New York City. Organized in partnership with DNB and in cooperation with Nasdaq and NYSE, the Forum is the premier platform to: Meet 1x1 with senior executives from listed shipping companies (exclusively for institutional investors, by request). Gain market intelligence on shipping, energy, and commodities through sector-focused panels.Hear keynote perspectives from regulators and CEOs shaping maritime policy and st
LIMASSOL, Cyprus, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping and energy company, announced today that the Company's 2025 Annual General Meeting of Shareholders (the "Meeting") was duly held on September 12, 2025, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. At the Meeting, the following proposals were approved and adopted: The re-election of Mr. Dionysios Makris to serve as the Company's Class B Director until the 2028 Annual General Meeting of Shareholders; andThe appointment of Deloitte Certified Public Accountants S.A., as the Compa
LIMASSOL, Cyprus, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM) ("Castor" or the "Company"), a diversified global shipping and energy company, today announced its results for the three months ended March 31, 2025. Highlights of the First Quarter Ended March 31, 2025: Total vessel revenues: $11.3 million for the three months ended March 31, 2025, as compared to $20.4 million for the three months ended March 31, 2024, or a 44.6% decrease;Net loss of $23.3 million for the three months ended March 31, 2025, as compared to net income of $22.3 million for the three months ended March 31, 2024, or a 204.5% decrease. The loss is primarily attributable to unrealized losses
LIMASSOL, Cyprus, July 30, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping and energy company, announces that on July 29, 2025, it successfully completed a sale and leaseback transaction for the M/V Magic Thunder, a 2011-built Kamsarmax bulk carrier vessel with a Japanese counterparty. The bareboat financing amounts to $14.6 million, has a duration of five years, and a purchase option for the Company, beginning at the end of the second year of the bareboat charter period. About Castor Maritime Inc. Castor Maritime Inc. is a diversified global shipping and energy company, with activities directly and indirectly in a
LIMASSOL, Cyprus, July 29, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping and energy company, announced today that its Board of Directors (the "Board") has scheduled the Company's 2025 Annual General Meeting of Shareholders (the "Meeting") to be held on September 12, 2025, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. The Board has fixed a record date of July 14, 2025 (the "Record Date") for the determination of the shareholders entitled to receive notice of and to vote at the Meeting or any adjournment thereof. The Company's Notice of the Meeting and
LIMASSOL, Cyprus, May 14, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM) ("Castor" or the "Company"), a diversified global shipping and energy company, today announced its results for the three months and year ended December 31, 2024. Highlights of the Year Ended December 31, 2024: Total vessel revenues from continuing operations: $65.1 million for the year ended December 31, 2024, as compared to $97.5 million for the year ended December 31, 2023, or a 33.2% decrease;Net income from continuing operations: $15.3 million for the year ended December 31, 2024, as compared to net income of $21.3 million for the year ended December 31, 2023, or a 28.2% decrease;Net inc
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LIMASSOL, Cyprus, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM) ("Castor" or the "Company"), a diversified global shipping and energy company, today announced its results for the three months and six months ended June 30, 2025. Highlights of the Second Quarter Ended June 30, 2025: Total vessel revenues: $10.2 million for the three months ended June 30, 2025, as compared to $16.3 million for the three months ended June 30, 2024, or a 37.4% decrease;Net income of $6.3 million for the three months ended June 30, 2025, as compared to $22.9 million for the three months ended June 30, 2024, or a 72.5% decrease;Adjusted net income(1) of $2.0 million for the three months e
LIMASSOL, Cyprus, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM) ("Castor" or the "Company"), a diversified global shipping and energy company, today announced its results for the three months ended March 31, 2025. Highlights of the First Quarter Ended March 31, 2025: Total vessel revenues: $11.3 million for the three months ended March 31, 2025, as compared to $20.4 million for the three months ended March 31, 2024, or a 44.6% decrease;Net loss of $23.3 million for the three months ended March 31, 2025, as compared to net income of $22.3 million for the three months ended March 31, 2024, or a 204.5% decrease. The loss is primarily attributable to unrealized losses
LIMASSOL, Cyprus, May 14, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM) ("Castor" or the "Company"), a diversified global shipping and energy company, today announced its results for the three months and year ended December 31, 2024. Highlights of the Year Ended December 31, 2024: Total vessel revenues from continuing operations: $65.1 million for the year ended December 31, 2024, as compared to $97.5 million for the year ended December 31, 2023, or a 33.2% decrease;Net income from continuing operations: $15.3 million for the year ended December 31, 2024, as compared to net income of $21.3 million for the year ended December 31, 2023, or a 28.2% decrease;Net inc
LIMASSOL, Cyprus, March 21, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping and energy company, announces that in March 2025, the Company entered into two separate agreements with entities beneficially owned by a family member of our Chairman, Chief Executive Officer and Chief Financial Officer for the sale of the M/V Magic Eclipse, a 2011-built Panamax bulk carrier vessel, and the M/V Magic Callisto, a 2012-built Panamax vessel, for a combined price of $28.0 million. The terms of each transaction were negotiated and approved by a special committee of our disinterested and independent directors. The vessels are expecte
LIMASSOL, Cyprus, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping and energy company, announces that on December 4, 2024, it entered, through a wholly-owned subsidiary, into an agreement with an unaffiliated third party for the sale of the M/V Gabriela A, a 2005-built 2,700 TEU containership vessel, for a price of $19.3 million. The vessel is expected to be delivered to its new owner during the first half of 2025. The Company expects to record during the first half of 2025 a net gain of approximately $0.8 million from the sale of the M/V Gabriela A, excluding any transaction-related costs. About Castor Marit
LIMASSOL, Cyprus, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping and energy company, announces that on December 16, 2024, Thalvora Holdings GmbH, a wholly owned subsidiary of the Company, completed the acquisition of 26,116,378 shares of common stock representing 74.09% of the share capital of the Frankfurt-listed investment and asset manager MPC Münchmeyer Petersen Capital AG (Deutsche Börse, Scale, ISIN DE000A1TNWJ4) ("MPC Capital") from Münchmeyer Petersen & Co. GmbH at the agreed price of €7.00 per share, which is equal to an aggregate consideration of €182.8 million (approx. USD 192.6 million equivalent)
LIMASSOL, Cyprus, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on December 12, 2024, it entered, through a wholly owned subsidiary, into an Share Purchase Agreement ("SPA") with MPC Münchmeyer Petersen & Co. GmbH ("MPC Holding") for the acquisition of 26,116,378 shares representing 74.09% of the shares of the Frankfurt-listed investment and asset manager MPC Münchmeyer Petersen Capital AG (Deutsche Börse, Scale, ISIN DE000A1TNWJ4) ("MPC Capital"). The acquisition price of the shares has been agreed at a price of €7.00 per share, which is equal to an aggregate cost of €182.8 million
LIMASSOL, Cyprus, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on November 13, 2024, it entered, through a separate wholly-owned subsidiary, into an agreement with an unaffiliated third party for the sale of the M/V Ariana A, a 2005-built 2,700 TEU containership vessel, for a price of $16.5 million. The vessel is expected to be delivered to its new owner during the first quarter of 2025. 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. About Castor Mari
LIMASSOL, Cyprus, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM) ("Castor" or the "Company"), a diversified global shipping company, today announced its results for the three months and nine months ended September 30, 2024. Earnings Highlights of the Third Quarter Ended September 30, 2024: Total vessel revenues: $13.4 million for the three months ended September 30, 2024, as compared to $21.4 million for the three months ended September 30, 2023, or a 37.4% decrease;Net income of $2.8 million for the three months ended September 30, 2024, as compared to net loss of $5.4 million for the three months ended September 30, 2023, or
LIMASSOL, Cyprus, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM) ("Castor" or the "Company"), a diversified global shipping company, today announced its results for the three months and six months ended June 30, 2024. Earnings Highlights of the Second Quarter Ended June 30, 2024: Total vessel revenues: $16.3 million for the three months ended June 30, 2024, as compared to $25.3 million for the three months ended June 30, 2023, or a 35.6% decrease;Net income of $22.9 million for the three months ended June 30, 2024, as compared to net income of $8.2 million for the three months ended June 30, 2023, or a 179.3% increase;Earnings per common share, basic: $2.29 per shar
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LIMASSOL, Cyprus, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping and energy company, announced today that the Company's 2025 Annual General Meeting of Shareholders (the "Meeting") was duly held on September 12, 2025, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. At the Meeting, the following proposals were approved and adopted: The re-election of Mr. Dionysios Makris to serve as the Company's Class B Director until the 2028 Annual General Meeting of Shareholders; andThe appointment of Deloitte Certified Public Accountants S.A., as the Compa
LIMASSOL, Cyprus, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that the Company's 2024 Annual General Meeting of Shareholders (the "Meeting") was duly held on September 6, 2024, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. At the Meeting, the following proposals were approved and adopted: The re-election of Mr. Georgios Daskalakis to serve as the Company's Class A Director until the 2027 Annual General Meeting of Shareholders;The appointment of Deloitte Certified Public Accountants S.A., as the Company's independent au
LIMASSOL, Cyprus, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announced today that the Company's 2023 Annual General Meeting of Shareholders (the "Meeting") was duly held on September 1, 2023, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. At the Meeting, the following proposals were approved and adopted: The re-election of Mr. Petros Panagiotidis to serve as the Company's Class C Director until the 2026 Annual General Meeting of Shareholders; The appointment of Deloitte Certified Public Accountants S.A., as the Company's ind
LIMASSOL, Cyprus, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announced today that the Company's 2022 Annual General Meeting of Shareholders (the "Meeting") was duly held on December 15, 2022, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. At the Meeting, the following proposals were approved and adopted: The re-election of Mr. Dionysios Makris to serve as the Company's Class B Director until the 2025 Annual General Meeting of Shareholders; andThe appointment of Deloitte Certified Public Accountants S.A., as the Company's ind
LIMASSOL, Cyprus, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announced today that the Company's 2021 Annual General Meeting of Shareholders (the "Meeting") was duly held on November 30, 2021, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. At the Meeting, each of the following proposals were approved and adopted: The re-election of Mr. Georgios Daskalakis to serve as the Company's Class A Director until the 2024 Annual General Meeting of Shareholders; andThe appointment of Deloitte Certified Public Accountants S.A., as the Com
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