Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Nova [Yahoo! Finance]
Castor Maritime Inc. - Common Shares (CTRM)
Company Research
Source: Yahoo! Finance
company, announces that on March 11, 2024, it completed the previously announced sale of the M/V Magic Nova , a 2010-built Panamax bulk carrier vessel, for a price of $16.1 million, by delivering the vessel to its new owner. The Company expects to record a net gain of approximately $4.4 million from the above-mentioned sale, excluding any transaction-related costs during the first quarter of 2024. About Castor Maritime Inc. Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of oceangoing cargo vessels. Castor owns a fleet of 15 vessels, with an aggregate capacity of 1.2 million dwt, currently consisting of the Capesize vessel M/V Magic Orion , which the company agreed to sell on December 7, 2023, five Kamsarmax vessels, including the M/V Magic Nebula and the M/V Magic Venus , which the Company agreed to sell on February 15, 2024, and December 21, 2023, respectively, seven Panamax dry bulk vessels including the M/V Magic
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News
- Castor Maritime Inc. Announces Tender Offer to Purchase its Outstanding Common Share Purchase Warrants Issued on April 7, 2021GlobeNewswire
- Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Nebula [Yahoo! Finance]Yahoo! Finance
- Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic NebulaGlobeNewswire
- Castor Maritime Inc. Announces Compliance with Nasdaq Minimum Bid Price RequirementGlobeNewswire
- Castor Maritime Inc. Announces Reverse Stock Split to be Effective March 27, 2024GlobeNewswire
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