Castor Maritime Q1 2024 EPS $1.09 Up From $(0.69) YoY; Revenue $20.4M Down From $24.5M YoY
$CTRM
Marine Transportation
Consumer Discretionary
Castor Maritime Q1 2024 EPS $1.09 Up From $(0.69) YoY; Revenue $20.4M Down From $24.5M YoY
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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, 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
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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4 - Castor Maritime Inc. (0001720161) (Reporting)
3 - Castor Maritime Inc. (0001720161) (Reporting)
4 - Castor Maritime Inc. (0001720161) (Reporting)
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
SC 13G - Castor Maritime Inc. (0001720161) (Filed by)
SC 13G/A - Castor Maritime Inc. (0001720161) (Subject)
SC 13G/A - Castor Maritime Inc. (0001720161) (Subject)