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)
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, May 14, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor", or the "Company"), a diversified global shipping and energy company, announces that the Company's annual report on Form 20‐F (the "Annual Report"), which contains the Company's audited consolidated financial statements for the fiscal year ended December 31, 2024, was filed with the U.S. Securities and Exchange Commission (the "SEC"). The Annual Report is now accessible on the SEC website at http://www.sec.gov and on the Company's website at http://www.castormaritime.com, in the "Investors" section under "Annual Reports". Shareholders may receive a hard copy of the Annual Report free of charge
LIMASSOL, Cyprus, April 29, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping and energy company, announces that on April 28, 2025, it completed the previously announced sale of the M/V Magic Callisto, a 2012-built Panamax bulk carrier vessel by delivering the vessel to its new owner. About Castor Maritime Inc. Castor Maritime Inc. is a diversified global shipping and energy company, with activities directly and indirectly in asset management, vessel ownership, technical and commercial ship management and energy infrastructure projects. Castor owns a fleet of 10 vessels, with an aggregate capacity of 0.7 million dwt
LIMASSOL, Cyprus, March 28, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on March 24, 2025, it completed the previously announced sale of the M/V Magic Eclipse, a 2011-built Panamax bulk carrier vessel by delivering the vessel to its new owner. About Castor Maritime Inc. Castor Maritime Inc. is a diversified global shipping and energy company, with activities directly and indirectly in investment and asset management, vessel ownership, technical and commercial ship management and energy infrastructure projects. Castor owns a fleet of 11 vessels, with an aggregate capacity of 0.8 million d
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, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping and energy company, 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. About Castor Maritime Inc. Castor Maritime Inc. is a diversified global shipping and energy company, with activities directly and
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
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6-K - Castor Maritime Inc. (0001720161) (Filer)
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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, 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
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
4 - Castor Maritime Inc. (0001720161) (Reporting)
3 - Castor Maritime Inc. (0001720161) (Reporting)