Profile
Sector:
IndustrialsIndustry:
Marine ShippingCountry:
CyprusIPO:
11 February 2019Website:
http://www.castormaritime.comNext earnings report:
08 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:15:04 GMTDividend
Analysts recommendations
Institutional Ownership
CTRM Latest News
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.
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LIMASSOL, Cyprus, May 28, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on May 28, 2024, it completed the previously announced sale of the M/V Magic Horizon, a 2010-built Panamax bulk carrier vessel, for a price of $15.8 million, by delivering the vessel to its new owner.
LIMASSOL, Cyprus, May 23, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on May 23, 2024, it completed the previously announced sale of the M/V Magic Vela, a 2011-built Panamax bulk carrier vessel, for a price of $16.4 million, by delivering the vessel to its new owner.
Castor Maritime Inc., a global shipping company, released its financial results for the first quarter of 2024 on May 16, 2024.
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While current dry bulk shipping charter rates are nothing to write home about, leading containership lessors Costamare and Danaos Corporation recently made moves to enter the space. Castor Maritime recently joined Danaos Corporation by taking a significant stake in competitor Eagle Bulk Shipping. I believe shareholders would have been way better off if Castor Maritime had repurchased its own common shares at the current 90%+ discount to net asset value.
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What type of business is Castor Maritime?
Castor Maritime Inc. provides shipping services worldwide. The company operates through Dry Bulk Vessels and Containerships segments. It offers seaborne transportation services for dry bulk cargo; and commodities, such as iron ore, coal, soybeans, etc. As of December 31, 2023, the company owned and operated a fleet of 17 vessels primarily consisting of one Capesize, five Kamsarmax, two Handysize tanker vessels, and nine Panamax dry bulk vessels, as well as two 2,700 TEU containership vessels. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.
What sector is Castor Maritime in?
Castor Maritime is in the Industrials sector
What industry is Castor Maritime in?
Castor Maritime is in the Marine Shipping industry
What country is Castor Maritime from?
Castor Maritime is headquartered in Cyprus
When did Castor Maritime go public?
Castor Maritime initial public offering (IPO) was on 11 February 2019
What is Castor Maritime website?
https://www.castormaritime.com
Is Castor Maritime in the S&P 500?
No, Castor Maritime is not included in the S&P 500 index
Is Castor Maritime in the NASDAQ 100?
No, Castor Maritime is not included in the NASDAQ 100 index
Is Castor Maritime in the Dow Jones?
No, Castor Maritime is not included in the Dow Jones index
When was Castor Maritime the previous earnings report?
No data
When does Castor Maritime earnings report?
The next expected earnings date for Castor Maritime is 08 November 2024