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CTRM (Castor Maritime Inc.) News

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• Castor Maritime Inc. Reports First Quarter Results for 2025
  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 th
  Aug 11, 2025 - $CTRM
• Castor Maritime Inc. Announces the Sale and Leaseback of the M/V Magic Thunder
  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 o
  Jul 30, 2025 - $CTRM
• Castor Maritime Inc. Announces the Date of its 2025 Annual General Meeting of Shareholders
  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 Ju
  Jul 29, 2025 - $CTRM
• Castor Maritime Inc. Reports Fourth Quarter and Full Year Results for 2024
  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 fro
  May 14, 2025 - $CTRM
• Castor Maritime Inc. Announces Availability of its 2024 Annual Report on Form 20-F
  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://
  May 14, 2025 - $CTRM
• Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Callisto
  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
  Apr 29, 2025 - $CTRM
• Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Eclipse
  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
  Mar 28, 2025 - $CTRM
• Castor Maritime Inc. Announces the Sale of the M/V Magic Eclipse and of the M/V Magic Callisto for an Aggregate $28.0 Million
  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 v
  Mar 21, 2025 - $CTRM
• Castor Maritime Inc. Announces the Completion of the Sale of the M/V Ariana A
  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 sa
  Jan 23, 2025 - $CTRM
• Castor Maritime Inc. Announces the Sale of the M/V Gabriela A for a Price of $19.3 Million with an Expected Net Gain of $0.8 Million
  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.
  Dec 19, 2024 - $CTRM