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Castor Maritime Inc.

$2.49 +$0.37 (+17.45%)
NASDAQ · 14 Sep 2026 20:00 UTC
Previous Close
$2.42
Day Range
$2.43$2.55
Year Range
$1.66$2.66
Market Cap
24.06M
AVG Volume
51.48K
Trailing/Forward PE
0.31/-
PEG ratio
-0
Dividend Yield
-
Next Earnings Date
-
Primary Exchange
NASDAQUS
Revenue (USD)
010M20M30M23 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q1
CTRM Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q121.26M
25 Q422.57M
25 Q320.96M
25 Q217.94M
25 Q120.34M
24 Q416.16M
24 Q313.41M
24 Q216.28M
24 Q120.39M
23 Q426.36M
Net Income (USD)
-50M-25M025M50M23 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q1
CTRM Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q147M
25 Q414.08M
25 Q319M
25 Q25.27M
25 Q1-19.09M
24 Q4-33.4M
24 Q32.84M
24 Q222.85M
24 Q122.33M
23 Q425.01M
Operating Income (USD)
-40M-20M020M23 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q1
CTRM Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q12.25M
25 Q41.35M
25 Q34.27M
25 Q2-2.71M
25 Q1-33.45M
24 Q4-7.01M
24 Q3981.38K
24 Q215.57M
24 Q111.89M
23 Q47.44M
EBITDA (USD)
-50M050M100M23 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q1
CTRM EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q174.49M
25 Q423.5M
25 Q324.28M
25 Q210.85M
25 Q13.42M
24 Q4-28.31M
24 Q35.42M
24 Q226.84M
24 Q17.71M
23 Q431.59M
Cash Flows (USD)
-40M-20M020M23 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q1
CTRM Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q18.49M
25 Q412.29M
25 Q31.22M
25 Q2-2.39M
25 Q1-1.95M
24 Q4-31.56M
24 Q3-22.52M
24 Q212.51M
24 Q111.31M
23 Q410.59M
EPS (USD)
-3-2-101223 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q1
CTRM EPS (USD) by quarter
PeriodEPS (USD)
26 Q10.83
25 Q40.2
25 Q30.2
25 Q20.06
25 Q1-2.18
24 Q4-1.24
24 Q30.1
24 Q21.02
24 Q11.09
23 Q41.1
Expenses (USD)
020M40M60MSG&ACapex23 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q1
CTRM Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q14.02M
25 Q45.48M
25 Q34.92M
25 Q26.59M
25 Q14.35M
24 Q443.35M
24 Q332.78M
24 Q22.53M
24 Q13.37M
23 Q43.42M
Cash & Debt (USD)
0100M200M300MCashLong Term DebtShort Term Debt23 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q1
CTRM Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q1211.7M
25 Q4180.09M
25 Q3181.12M
25 Q298.71M
25 Q1136.68M
24 Q4157.02M
24 Q3233.44M
24 Q2294.11M
24 Q1247.84M
23 Q4188.47M
Debt ratios
-20-15-10-50523 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q1
CTRM Debt ratios by quarter
PeriodDebt ratios
26 Q1-1.07
25 Q4-1.64
25 Q3-17.21
25 Q20.73
25 Q1-11.07
24 Q4-3.92
24 Q3-3.24
24 Q2-3.65
24 Q1-3.17
23 Q4-1.89
Margins
0%10%20%30%40%23 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q1
CTRM Margins by quarter
PeriodMargins
26 Q132.55%
25 Q425.96%
25 Q332.21%
25 Q220.73%
25 Q126.48%
24 Q421.59%
24 Q326.48%
24 Q232.34%
24 Q136.03%
23 Q439.2%
Return on Capital
-10%-5%0%5%10%23 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q1
CTRM Return on Capital by quarter
PeriodReturn on Capital
26 Q16.25%
25 Q42.11%
25 Q32.67%
25 Q20.95%
25 Q1-3.13%
24 Q4-5.34%
24 Q30.51%
24 Q24.13%
24 Q14.19%
23 Q44.9%
Shares Outstanding
02.5M5M7.5M10M23 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q1
CTRM Shares Outstanding by quarter
PeriodShares Outstanding
26 Q19.66M
25 Q49.66M
25 Q39.66M
25 Q29.66M
25 Q19.66M
24 Q49.66M
24 Q39.66M
24 Q29.66M
24 Q19.66M
23 Q49.66M
Book Value Per Share (USD)
02040608023 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q1
CTRM Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q177.78
25 Q469.23
25 Q373.69
25 Q257.26
25 Q163.2
24 Q464.73
24 Q357.52
24 Q257.29
24 Q155.1
23 Q452.86
Total Assets (USD)
0250M500M750M1B23 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q1
CTRM Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q1893.04M
25 Q4797.36M
25 Q3792.45M
25 Q2702.81M
25 Q1732.98M
24 Q4797.38M
24 Q3563.21M
24 Q2602.27M
24 Q1619.53M
23 Q4605.04M
Employee Count
05010015020020242025
CTRM Employee Count by quarter
PeriodEmployee Count
2025123
2024155
PE Ratio
00.511.5med 0.63Jan 24May 24Aug 24Dec 24Mar 25Jun 26Sep 26
CTRM PE Ratio by quarter
PeriodPE Ratio
Sep 260.28
Sep 260.27
Sep 260.27
Aug 260.26
Aug 260.28
Aug 260.26
Aug 260.23
Jul 260.22
Jul 260.21
Jul 260.22
Jul 260.24
Jul 260.26
Jun 260.24
Jun 260.24
Jun 260.25
Jun 260.24
May 260.95
May 260.99
May 260.96
May 261.01
May 261.04
Apr 260.97
Apr 260.9
May 250.3
May 250.29
Apr 250.29
Apr 250.28
Apr 250.28
Apr 250.29
Mar 250.31
Mar 250.34
Mar 250.32
Mar 250.34
Feb 250.32
Feb 250.34
Feb 250.35
Feb 250.35
Jan 250.35
Jan 250.36
Jan 250.36
Jan 250.37
Jan 250.38
Dec 240.38
Dec 240.38
Dec 240.4
Dec 240.45
Nov 240.47
Nov 240.47
Nov 240.47
Nov 240.51
Nov 240.58
Oct 240.6
Oct 240.61
Oct 240.61
Oct 240.61
Sep 240.61
Sep 240.6
Sep 240.64
Sep 240.66
Aug 240.68
Aug 240.72
Aug 240.69
Aug 240.74
Aug 240.95
Jul 240.92
Jul 240.87
Jul 240.87
Jul 240.87
Jun 240.89
Jun 240.93
Jun 240.78
Jun 240.88
May 240.9
May 240.76
May 240.76
May 240.9
May 240.79
Apr 240.81
Apr 240.84
Apr 240.93
Apr 240.92
Mar 240.86
Mar 241.01
Mar 241.03
Mar 241.08
Mar 241.14
Feb 240.91
Feb 240.89
Feb 240.93
Feb 241.01
Jan 241.01
Jan 240.94
Jan 241.03
Jan 241.23
Dec 230.87
Dec 230.93
Dec 230.87
Dec 230.82
Dec 230.76
Nov 230.65
Free Cash Flow Yield
-400%-200%0%200%med 34.38%Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
CTRM Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 2681.48%
Sep 2683.84%
Sep 2685.25%
Aug 2686.71%
Aug 2682.14%
Aug 2686.71%
Aug 2699.46%
Jul 26104.05%
Jul 26108.5%
Jul 26102.47%
Jul 2694.37%
Jul 2689.78%
Jun 2695.71%
Jun 2694.37%
Jun 2693.07%
Jun 2695.26%
May 2649.88%
May 2647.86%
May 2649.62%
May 2647.15%
May 2645.78%
Apr 2649.1%
Apr 2652.65%
Apr 26-206.36%
Apr 26-197.29%
Mar 26-206.36%
Mar 26-184.14%
Mar 26-169.37%
Mar 26-163.96%
Feb 26-164.71%
Feb 26-153.45%
Feb 26-165.47%
Feb 26-168.57%
Jan 26-152.79%
Jan 26-171.8%
Jan 26-177.75%
Jan 26-168.57%
Jan 26-169.37%
Dec 25-154.77%
Dec 25-160.3%
Dec 25-162.47%
Dec 25-163.21%
Nov 25-306.97%
Nov 25-316.61%
Nov 25-306.97%
Nov 25-314.96%
Oct 25-300.86%
Oct 25-290.73%
Oct 25-293.56%
Oct 25-290.73%
Oct 25-282.58%
Sep 25-214.51%
Sep 25-202.92%
Sep 25-226.37%
Sep 25-228.67%
Aug 25-211.49%
Aug 25-205.7%
Aug 25-215.54%
Aug 25-212.49%
Aug 25-207.59%
Jul 25-195.01%
Jul 25-193.34%
Jul 25-188.48%
Jul 25-198.45%
Jun 25-209.52%
Jun 25-198.45%
Jun 25-180.91%
Jun 25-199.32%
May 25-205.7%
May 25-207.59%
May 25-190.88%
May 2553.75%
May 2555.95%
Apr 2556.47%
Apr 2557.25%
Apr 2557.79%
Apr 2556.47%
Mar 2551.94%
Mar 2548.08%
Mar 2550.24%
Mar 2547.53%
Feb 2550.87%
Feb 2547.53%
Feb 2546.28%
Feb 2546.1%
Jan 2546.8%
Jan 2544.76%
Jan 2544.76%
Jan 2544.6%
Jan 2543.04%
Dec 2442.74%
Dec 2443.19%
Dec 2440.36%
Dec 2436.1%
Nov 2434.29%
Nov 2434.48%
Nov 2434.77%
Nov 2432.14%
Nov 24152.85%
Oct 24147.17%
Price to Sales
0.20.30.40.5med 0.29Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
CTRM Price to Sales by quarter
PeriodPrice to Sales
Sep 260.29
Sep 260.28
Sep 260.28
Aug 260.27
Aug 260.29
Aug 260.27
Aug 260.24
Jul 260.23
Jul 260.22
Jul 260.23
Jul 260.25
Jul 260.26
Jun 260.25
Jun 260.25
Jun 260.25
Jun 260.25
May 260.22
May 260.23
May 260.23
May 260.24
May 260.24
Apr 260.23
Apr 260.21
Apr 260.22
Apr 260.23
Mar 260.22
Mar 260.25
Mar 260.27
Mar 260.28
Feb 260.28
Feb 260.3
Feb 260.28
Feb 260.27
Jan 260.3
Jan 260.27
Jan 260.26
Jan 260.27
Jan 260.27
Dec 250.3
Dec 250.29
Dec 250.28
Dec 250.28
Nov 250.28
Nov 250.27
Nov 250.28
Nov 250.27
Oct 250.29
Oct 250.3
Oct 250.29
Oct 250.3
Oct 250.3
Sep 250.31
Sep 250.32
Sep 250.29
Sep 250.29
Aug 250.31
Aug 250.32
Aug 250.31
Aug 250.31
Aug 250.32
Jul 250.34
Jul 250.34
Jul 250.35
Jul 250.33
Jun 250.31
Jun 250.33
Jun 250.36
Jun 250.33
May 250.32
May 250.32
May 250.34
May 250.29
May 250.28
Apr 250.28
Apr 250.27
Apr 250.27
Apr 250.28
Mar 250.3
Mar 250.32
Mar 250.31
Mar 250.33
Feb 250.31
Feb 250.33
Feb 250.34
Feb 250.34
Jan 250.33
Jan 250.35
Jan 250.35
Jan 250.35
Jan 250.36
Dec 240.36
Dec 240.36
Dec 240.39
Dec 240.43
Nov 240.45
Nov 240.45
Nov 240.45
Nov 240.48
Nov 240.45
Oct 240.46
EV/EBITDA
-20-15-10-50med -2.96Oct 24Feb 25May 25Sep 25Feb 26Jun 26Sep 26
CTRM EV/EBITDA by quarter
PeriodEV/EBITDA
Sep 26-0.89
Sep 26-0.9
Sep 26-0.9
Aug 26-0.9
Aug 26-0.89
Aug 26-0.9
Aug 26-0.93
Jul 26-0.93
Jul 26-0.94
Jul 26-0.93
Jul 26-0.92
Jul 26-0.91
Jun 26-0.92
Jun 26-0.92
Jun 26-0.92
Jun 26-0.92
May 26-1.35
May 26-1.34
May 26-1.35
May 26-1.33
May 26-1.32
Apr 26-1.34
Apr 26-1.36
Apr 26-15.56
Apr 26-15.49
Mar 26-15.56
Mar 26-15.37
Mar 26-15.21
Mar 26-15.14
Feb 26-15.15
Feb 26-15
Feb 26-15.16
Feb 26-15.2
Jan 26-14.99
Jan 26-15.23
Jan 26-15.3
Jan 26-15.2
Jan 26-15.21
Dec 25-15.02
Dec 25-15.09
Dec 25-15.12
Dec 25-15.13
Sep 25-8.32
Sep 25-8.16
Sep 25-8.47
Sep 25-8.49
Aug 25-8.28
Aug 25-8.2
Aug 25-8.33
Aug 25-8.29
Aug 25-8.23
Jul 25-8.05
Jul 25-8.02
Jul 25-7.94
Jul 25-8.1
Jun 25-8.26
Jun 25-8.1
Jun 25-7.81
Jun 25-8.11
May 25-8.2
May 25-8.23
May 25-7.98
May 25-2.93
May 25-2.94
Apr 25-2.95
Apr 25-2.95
Apr 25-2.95
Apr 25-2.95
Mar 25-2.92
Mar 25-2.89
Mar 25-2.91
Mar 25-2.89
Feb 25-2.91
Feb 25-2.89
Feb 25-2.88
Feb 25-2.88
Jan 25-2.88
Jan 25-2.87
Jan 25-2.87
Jan 25-2.87
Jan 25-2.85
Dec 24-2.85
Dec 24-2.85
Dec 24-2.83
Dec 24-2.78
Nov 24-2.75
Nov 24-2.76
Nov 24-2.76
Nov 24-2.72
Nov 24-3.1
Oct 24-3.08
Oct 24-3.07
Oct 24-3.07
Oct 24-3.07
Sep 24-3.07
Sep 24-3.08
Sep 24-3.04
Sep 24-3.03
Aug 24-3.01
Aug 24-2.97
Price/Operating Cashflow
0123med 0.91Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
CTRM Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Sep 261.18
Sep 261.15
Sep 261.13
Aug 261.11
Aug 261.17
Aug 261.11
Aug 260.97
Jul 260.92
Jul 260.89
Jul 260.94
Jul 261.02
Jul 261.07
Jun 261
Jun 261.02
Jun 261.03
Jun 261.01
May 261.83
May 261.9
May 261.84
May 261.93
May 261.99
Apr 261.86
Apr 261.73
Apr 262.12
Apr 262.22
Mar 262.12
Mar 262.37
Mar 262.58
Mar 262.67
Feb 262.65
Feb 262.85
Feb 262.64
Feb 262.59
Jan 262.86
Jan 262.54
Jan 262.46
Jan 262.59
Jan 262.58
Dec 252.82
Dec 252.73
Dec 252.69
Dec 252.68
Nov 251.35
Nov 251.31
Nov 251.35
Nov 251.32
Oct 251.38
Oct 251.43
Oct 251.41
Oct 251.43
Oct 251.47
Sep 250.7
Sep 250.74
Sep 250.67
Sep 250.66
Aug 250.71
Aug 250.73
Aug 250.7
Aug 250.71
Aug 250.73
Jul 250.77
Jul 250.78
Jul 250.8
Jul 250.76
Jun 250.72
Jun 250.76
Jun 250.83
Jun 250.76
May 250.73
May 250.73
May 250.79
May 250.52
May 250.5
Apr 250.49
Apr 250.49
Apr 250.48
Apr 250.49
Mar 250.54
Mar 250.58
Mar 250.56
Mar 250.59
Feb 250.55
Feb 250.59
Feb 250.6
Feb 250.61
Jan 250.6
Jan 250.62
Jan 250.62
Jan 250.63
Jan 250.65
Dec 240.65
Dec 240.65
Dec 240.69
Dec 240.77
Nov 240.81
Nov 240.81
Nov 240.8
Nov 240.87
Nov 240.65
Oct 240.67
Price to Book
0.020.040.060.08med 0.03Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
CTRM Price to Book by quarter
PeriodPrice to Book
Sep 260.03
Sep 260.03
Sep 260.03
Aug 260.03
Aug 260.03
Aug 260.03
Aug 260.03
Jul 260.03
Jul 260.02
Jul 260.03
Jul 260.03
Jul 260.03
Jun 260.03
Jun 260.03
Jun 260.03
Jun 260.03
May 260.03
May 260.03
May 260.03
May 260.03
May 260.03
Apr 260.03
Apr 260.03
Apr 260.02
Apr 260.02
Mar 260.02
Mar 260.03
Mar 260.03
Mar 260.03
Feb 260.03
Feb 260.03
Feb 260.03
Feb 260.03
Jan 260.03
Jan 260.03
Jan 260.03
Jan 260.03
Jan 260.03
Dec 250.03
Dec 250.03
Dec 250.03
Dec 250.03
Nov 250.03
Nov 250.03
Nov 250.03
Nov 250.03
Oct 250.04
Oct 250.04
Oct 250.04
Oct 250.04
Oct 250.04
Sep 250.03
Sep 250.04
Sep 250.03
Sep 250.03
Aug 250.03
Aug 250.03
Aug 250.03
Aug 250.03
Aug 250.03
Jul 250.04
Jul 250.04
Jul 250.04
Jul 250.04
Jun 250.03
Jun 250.04
Jun 250.04
Jun 250.04
May 250.03
May 250.03
May 250.04
May 250.04
May 250.04
Apr 250.04
Apr 250.04
Apr 250.04
Apr 250.04
Mar 250.04
Mar 250.04
Mar 250.04
Mar 250.05
Feb 250.04
Feb 250.05
Feb 250.05
Feb 250.05
Jan 250.05
Jan 250.05
Jan 250.05
Jan 250.05
Jan 250.05
Dec 240.05
Dec 240.05
Dec 240.05
Dec 240.06
Nov 240.06
Nov 240.06
Nov 240.06
Nov 240.07
Nov 240.07
Oct 240.07
Castor Maritime Inc.
CTRM
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News: CTRM

Castor Maritime Inc. Reports Net Income of $26.8 Million for the Three Months Ended June 30, 2026, and $96.0 Million for the Six Months Ended June 30, 2026

globenewswire.com · 14 Sep 2026

Castor Maritime Inc. Reports Net Income of $26.8 Million for the Three Months Ended June 30, 2026, and $96.0 Million for the Six Months Ended June 30, 2026

LIMASSOL, Cyprus, Sept. 14, 2026 (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 six months ended June 30, 2026.

Castor Maritime Inc. Announces Joint Venture and Contribution of the M/V Magic Starlight

globenewswire.com · 7 Aug 2026

Castor Maritime Inc. Announces Joint Venture and Contribution of the M/V Magic Starlight

LIMASSOL, Cyprus, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping and energy company, announces that it has entered into an agreement to establish a joint venture (the "Joint Venture") with third-party investors arranged by Fearnley Securities AS. The Joint Venture was established to acquire, own and operate the M/V Magic Starlight, a 2015-built Kamsarmax bulk carrier vessel owned by the Company (the “Vessel”). The Company has contributed the Vessel to the Joint Venture in exchange for a 30% equity interest and cash consideration of $18.75 million.

Financial Review: Castor Maritime (NASDAQ:CTRM) versus EuroDry (NASDAQ:EDRY)

defenseworld.net · 22 Jul 2026

Financial Review: Castor Maritime (NASDAQ:CTRM) versus EuroDry (NASDAQ:EDRY)

Castor Maritime (NASDAQ: CTRM - Get Free Report) and EuroDry (NASDAQ: EDRY - Get Free Report) are both small-cap transportation companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, valuation, institutional ownership, earnings, risk and dividends. Analyst Ratings This is a breakdown of recent

Castor Maritime Inc. Announces the Date of its 2026 Annual General Meeting of Shareholders

globenewswire.com · 20 Jul 2026

Castor Maritime Inc. Announces the Date of its 2026 Annual General Meeting of Shareholders

LIMASSOL, Cyprus, July 20, 2026 (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 2026 Annual General Meeting of Shareholders (the "Meeting") to be held on September 11, 2026, 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 July 17, 2026 (the "Record Date") for the determination of the shareholders entitled to receive notice of and to vote at the Meeting or any adjournment thereof.

Critical Contrast: Teekay Tankers (NYSE:TNK) and Castor Maritime (NASDAQ:CTRM)

defenseworld.net · 17 Jul 2026

Critical Contrast: Teekay Tankers (NYSE:TNK) and Castor Maritime (NASDAQ:CTRM)

Castor Maritime (NASDAQ: CTRM - Get Free Report) and Teekay Tankers (NYSE: TNK - Get Free Report) are both transportation companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, risk, earnings, analyst recommendations, valuation, dividends and institutional ownership. Insider and Institutional Ownership 1.1% of Castor Maritime

Castor Maritime Inc. Announces Vessel Acquisition and the Delivery of M/V Magic Jupiter

globenewswire.com · 30 Jun 2026

Castor Maritime Inc. Announces Vessel Acquisition and the Delivery of M/V Magic Jupiter

LIMASSOL, Cyprus, June 30, 2026 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping and energy company, announces that it has entered into an agreement, through a separate wholly-owned subsidiary, to acquire a 2024-built modern-eco Kamsarmax bulk carrier vessel, the M/V Magic Saturn, from an unaffiliated third party for a purchase price of $41.9 million. The Company took delivery of the M/V Magic Saturn on June 29, 2026.

Castor Maritime Inc. Announces Vessel Acquisition

globenewswire.com · 22 Jun 2026

Castor Maritime Inc. Announces Vessel Acquisition

LIMASSOL, Cyprus, June 22, 2026 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping and energy company, announces that it has entered into an agreement, through a separate wholly-owned subsidiary, to acquire a 2023-built modern-eco Kamsarmax bulk carrier vessel from an unaffiliated third party for a purchase price of $37.5 million.

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