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
4 - Castor Maritime Inc. (0001720161) (Reporting)
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)
6-K - Castor Maritime Inc. (0001720161) (Filer)
6-K - Castor Maritime Inc. (0001720161) (Filer)
4 - Castor Maritime Inc. (0001720161) (Reporting)
3 - Castor Maritime Inc. (0001720161) (Reporting)
SC 13G - Castor Maritime Inc. (0001720161) (Filed by)
SC 13G/A - Castor Maritime Inc. (0001720161) (Subject)
SC 13G/A - Castor Maritime Inc. (0001720161) (Subject)
SC 13G/A - Castor Maritime Inc. (0001720161) (Subject)
SC 13G/A - Castor Maritime Inc. (0001720161) (Subject)
SC 13G/A - Castor Maritime Inc. (0001720161) (Subject)
SC 13G - Castor Maritime Inc. (0001720161) (Subject)
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
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
LIMASSOL, Cyprus, July 25, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on July 16, 2024, it entered, through a separate wholly-owned subsidiary, into an agreement to acquire a 2015-built Ultramax dry bulk carrier vessel from an unaffiliated third-party, for a purchase price of $25.5 million. The acquisition is expected to be concluded by taking delivery of the vessel during the third quarter of 2024 and is subject to the satisfaction of certain customary closing conditions. Petros Panagiotidis, Chief Executive Officer of the Company commented: "In continuation of our efforts to rene
LIMASSOL, Cyprus, May 16, 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 ended March 31, 2024. Earnings Highlights of the First Quarter Ended March 31, 2024: Total vessel revenues from continuing operations: $20.4 million for the three months ended March 31, 2024, as compared to $24.5 million for the three months ended March 31, 2023, or a 16.7% decrease;Net income from continuing operations of $22.3 million for the three months ended March 31, 2024, as compared to net loss from continuing operations of $(6.5) million for the three months ended March 3
LIMASSOL, Cyprus, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on February 15, 2024, the Company entered into an agreement with an entity beneficially owned by a family member of our Chairman, Chief Executive Officer and Chief Financial Officer for the sale of the M/V Magic Nebula, a 2010-built Kamsarmax bulk carrier vessel, for a price of $16.2 million. The terms of the transaction were negotiated and approved by a special committee of our disinterested and independent directors. The vessel is expected to be delivered to its new owner during the second quarter of 2024. The Company
LIMASSOL, Cyprus, Feb. 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 year ended December 31, 2023. Earnings Highlights of the Fourth Quarter Ended December 31, 2023: Total vessel revenues from continuing operations: $26.4 million for the three months ended December 31, 2023, as compared to $31.3 million for the three months ended December 31, 2022, or a 15.7% decrease;Net income from continuing operations of $25.0 million for the three months ended December 31, 2023, as compared to net income from continuing operations of $7.8 mill
LIMASSOL, Cyprus, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on December 21, 2023, the Company entered into an agreement with an entity beneficially owned by a family member of our Chairman, Chief Executive Officer and Chief Financial Officer for the sale of the M/V Magic Venus, a 2010-built Kamsarmax bulk carrier vessel, for a price of $17.5 million. The terms of the transaction were negotiated and approved by a special committee of our disinterested and independent directors. The vessel is expected to be delivered to its new owner by the end of the first quarter of 2024. The Com
LIMASSOL, Cyprus, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on December 7, 2023, the Company entered into an agreement with an unaffiliated third party for the sale of the M/V Magic Orion, a 2006-built Capesize bulk carrier vessel, for a price of $17.4 million. The vessel is expected to be delivered to its new owner by the end of the first quarter of 2024. The Company expects to record during the first quarter of 2024 a net gain of approximately $2.0 million from the sale of the M/V Magic Orion, excluding any transaction related costs. Furthermore, on December 14, 2023, the
LIMASSOL, Cyprus, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on November 10, 2023, the Company entered into an agreement with an unaffiliated third party for the sale of the M/V Magic Moon, a 2005-built Panamax bulk carrier vessel, for a price of $11.8 million. The vessel is expected to be delivered to its new owner by the end of the fourth quarter of 2023. The Company expects to record during the fourth quarter of 2023 a net gain of approximately $3.0 million from the sale of the M/V Magic Moon, excluding any transaction related costs. Furthermore, on November 27, 2023, the
LIMASSOL, Cyprus, Nov. 08, 2023 (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, 2023. Earnings Highlights of the Third Quarter Ended September 30, 2023: Total Vessel Revenues from continuing operations: $21.4 million for the three months ended September 30, 2023, as compared to $39.4 million for the three months ended September 30, 2022, or a 45.7% decrease;Net loss from continuing operations of $5.4 million for the three months ended September 30, 2023, as compared to net income of $18.3 million for the th
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, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on October 9, 2024, it took delivery of the M/V Magic Ariel, the 2020-built Kamsarmax bulk carrier vessel it had agreed to acquire as previously announced on September 30, 2024. The vessel acquisition was financed in its entirety with cash on hand. The M/V Magic Ariel will be employed under a time charter contract with a minimum duration of about seven months at a gross daily rate equal to 108% of the Baltic Panamax Index 5TC (BPI5TC). About Castor Maritime Inc. Castor Maritime Inc. is an international provider
LIMASSOL, Cyprus, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on October 3, 2024, it took delivery of the M/V Raphaela, the 2008-built 1,850 TEU containership vessel it had agreed to acquire as previously announced on September 10, 2024. The vessel acquisition was financed in its entirety with cash on hand. As previously announced, the M/V Raphaela will be employed under a time charter contract with a duration of about four months at a gross daily rate of $29,000. About Castor Maritime Inc. Castor Maritime Inc. is an international provider of shipping transportation
LIMASSOL, Cyprus, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that it has entered, through a separate wholly-owned subsidiary, into an agreement with an unaffiliated third-party to acquire a 2020-built Kamsarmax bulk carrier vessel for a purchase price of $29.95 million. The Company expects to finance the acquisition with cash on hand. The acquisition is expected to be concluded by taking delivery of the vessel during October 2024 and is subject to the satisfaction of certain customary closing conditions. About Castor Maritime Inc. Castor Maritime Inc. is an international provider o
LIMASSOL, Cyprus, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on September 6, 2024, it entered, through a separate wholly-owned subsidiary, into an agreement to acquire a 2009-built 1,850 TEU containership vessel from an unaffiliated third-party for a purchase price of $16.49 million. The Company expects to finance the acquisition with cash on hand. The acquisition is expected to be concluded by taking delivery of the vessel by October 2024 and is subject to the satisfaction of certain customary closing conditions. Upon delivery, the vessel will be employed under a time c
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, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on August 16, 2024, it took delivery of the M/V Magic Celeste, the 2015-built Ultramax dry bulk carrier it had agreed to acquire as previously announced on July 25, 2024. The vessel acquisition was financed in its entirety with cash on hand. The M/V Magic Celeste has been fixed on a time charter contract at a gross daily charter rate equal to 111% of the average of the Baltic Supramax Index 10 TC routes. The charter is expected to commence around August 20, 2024, and has a minimum duration of nine months after delivery.
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
LIMASSOL, Cyprus, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announced today that its Board of Directors (the "Board") has scheduled the Company's 2024 Annual General Meeting of Shareholders (the "Meeting") to be held on September 6, 2024, 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 8, 2024 (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 Proxy Statem
LIMASSOL, Cyprus, July 25, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on July 16, 2024, it entered, through a separate wholly-owned subsidiary, into an agreement to acquire a 2015-built Ultramax dry bulk carrier vessel from an unaffiliated third-party, for a purchase price of $25.5 million. The acquisition is expected to be concluded by taking delivery of the vessel during the third quarter of 2024 and is subject to the satisfaction of certain customary closing conditions. Petros Panagiotidis, Chief Executive Officer of the Company commented: "In continuation of our efforts to rene
Gainers Zoomcar Holdings (NASDAQ:ZCAR) shares moved upwards by 32.8% to $0.19 during Friday's pre-market session. The market value of their outstanding shares is at $12.6 million. Simpple (NASDAQ:SPPL) stock moved upwards by 14.94% to $0.6. The company's market cap stands at $9.6 million. Quhuo (NASDAQ:QH) shares moved upwards by 9.06% to $0.5. The company's market cap stands at $5.1 million. Northann (AMEX:NCL) stock increased by 7.94% to $0.27. The company's market cap stands at $6.3 million. Knightscope (NASDAQ:KSCP) shares increased by 5.53% to $0.25. The company's market cap stands at $26.7 million. ShiftPixy (NASDAQ:PIXY) shares moved upwards by 5.09% to $2.06. The company's mark
Gainers Silynxcom (AMEX:SYNX) stock rose 31.7% to $3.41 during Monday's regular session. The company's market cap stands at $17.9 million. Castor Maritime (NASDAQ:CTRM) stock increased by 13.51% to $4.62. The company's market cap stands at $44.6 million. Alpha Pro Tech (AMEX:APT) stock moved upwards by 11.93% to $5.48. The market value of their outstanding shares is at $64.1 million. EuroDry (NASDAQ:EDRY) stock moved upwards by 10.64% to $22.35. The company's market cap stands at $62.6 million. MingZhu Logistics Hldgs (NASDAQ:YGMZ) stock moved upwards by 9.16% to $0.39. The company's market cap stands at $14.5 million. Nocera (NASDAQ:NCRA) shares increased by 9.02% to $1.16. The market
Gainers Getaround (NYSE:GETR) stock rose 17.0% to $0.21 during Friday's pre-market session. The market value of their outstanding shares is at $19.7 million. SOS (NYSE:SOS) stock moved upwards by 9.0% to $0.92. The market value of their outstanding shares is at $11.2 million. AgEagle Aerial Sys (AMEX:UAVS) shares increased by 8.16% to $0.68. The company's market cap stands at $8.0 million. Babcock & Wilcox (NYSE:BW) stock moved upwards by 7.96% to $1.22. The company's market cap stands at $108.4 million. Satellogic (NASDAQ:SATL) stock moved upwards by 6.41% to $1.16. The market value of their outstanding shares is at $107.3 million. Applied UV (NASDAQ:AUVIP) shares rose 6.12% to $1.56.
Gainers Greenwave Tech Solns (NASDAQ:GWAV) stock moved upwards by 140.3% to $0.14 during Thursday's regular session. The company's market cap stands at $21.6 million. Pineapple Energy (NASDAQ:PEGY) stock moved upwards by 76.17% to $0.15. The market value of their outstanding shares is at $13.8 million. Nauticus Robotics (NASDAQ:KITT) shares moved upwards by 38.18% to $0.22. The market value of their outstanding shares is at $13.7 million. As per the press release, Q1 earnings came out 3 days ago. Castor Maritime (NASDAQ:CTRM) stock moved upwards by 19.71% to $4.25. The market value of their outstanding shares is at $41.0 million. Complete Solaria (NASDAQ:CSLR) shares moved upwards by 19
Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that it has commenced today a tender offer (the "Offer") to purchase all of its 10,330,770 outstanding Common Share Purchase Warrants issued on April 7, 2021 (the "Warrants") at a price of $0.105 per Warrant, net to the seller in cash, without interest. Payments made pursuant to the Offer will be rounded down to the nearest whole cent. The Warrants are exercisable in the aggregate into 103,307 of our common shares, par value $0.001 per share (the "Common Shares"), at an exercise price per Warrant of $55.30. The purpose of the proposed Offer is to reduce the number of Common Share
Gainers Agrify (NASDAQ:AGFY) stock increased by 65.9% to $0.49 during Wednesday's pre-market session. The company's market cap stands at $6.7 million. As per the news, the Q4 earnings report came out 2 days ago. Pineapple Energy (NASDAQ:PEGY) shares moved upwards by 11.55% to $0.05. The market value of their outstanding shares is at $3.4 million. Complete Solaria (NASDAQ:CSLR) shares rose 10.98% to $0.29. The company's market cap stands at $14.4 million. Nature's Miracle Holding (NASDAQ:NMHI) shares moved upwards by 9.67% to $1.02. The market value of their outstanding shares is at $26.8 million. Beam Glb (NASDAQ:BEEM) shares moved upwards by 8.51% to $5.99. The company's market cap sta