Castor Maritime Inc. (CTRM) News
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CTRM News Highlights
- For CTRM, its 30 day story count is now at 2.
- Over the past 20 days, the trend for CTRM's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- The most mentioned tickers in articles about CTRM are DEC and NOV.
Latest CTRM News From Around the Web
Below are the latest news stories about CASTOR MARITIME INC that investors may wish to consider to help them evaluate CTRM as an investment opportunity.
Castor Maritime Inc. Announces the Sale of the M/V Magic Orion for $17.4 Million with an Expected Net Gain of $2.0 Million and the Completion of the Sale of the M/V Magic ArgoLIMASSOL, Cyprus, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on December 7, 2023, the Company entered into an agreement with an unaffiliated third party for the sale of the M/V Magic Orion, a 2006-built Capesize bulk carrier vessel, for a price of $17.4 million. The vessel is expected to be delivered to its new owner by the end of the first quarter of 2024. The Company expects to record |
Castor Maritime Inc. Announces the Sale of the M/V Magic Moon for $11.8 Million and the Completion of the Sale of the M/V Magic PhoenixLIMASSOL, Cyprus, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on November 10, 2023, the Company entered into an agreement with an unaffiliated third party for the sale of the M/V Magic Moon, a 2005-built Panamax bulk carrier vessel, for a price of $11.8 million. The vessel is expected to be delivered to its new owner by the end of the fourth quarter of 2023. The Company expects to record |
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Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic SunLIMASSOL, Cyprus, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on November 14, 2023, the Company completed the previously announced sale at a price of $6.55 million of the M/V Magic Sun, a 2001-built Panamax bulk carrier vessel, by delivering the vessel to its new owner. The Company expects to record during the fourth quarter of 2023 a net gain on the sale of the M/V Magic Sun of approxim |
Castor Maritime (NASDAQ:CTRM) Hasn't Managed To Accelerate Its ReturnsThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want... |
Castor Maritime Inc. Reports Net Loss of $5.4 Million for the Three Months Ended September 30, 2023 and Net income of $13.6 Million for the Nine Months Ended September 30, 2023LIMASSOL, Cyprus, Nov. 08, 2023 (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 nine months ended September 30, 2023. Earnings Highlights of the Third Quarter Ended September 30, 2023: Total Vessel Revenues from continuing operations: $21.4 million for the three months ended September 30, 2023, as compared to $39.4 million for the three months ended September 30, 2022, |
Castor Maritime Inc. Announces the Sale of the M/V Magic Sun and M/V Magic Phoenix for an Aggregate $20.55 MillionLIMASSOL, Cyprus, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on October 6, 2023 and October 16, 2023, respectively, the Company entered into two separate agreements with two unaffiliated third parties for the sale of the (i) M/V Magic Sun, a 2001-built Panamax bulk carrier vessel, for a price of $6.55 million and (ii) M/V Magic Phoenix, a 2008-built Panamax bulk carrier vessel, for a pr |
Castor Maritime Inc. Receives 180-day Extension from Nasdaq to Meet Nasdaq’s Minimum Bid Price RequirementLIMASSOL, Cyprus, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces the receipt of a notification letter on October 18, 2023 from The Nasdaq Stock Market (“Nasdaq”) granting the Company an additional 180-day extension to April 15, 2024 (the “Second Compliance Period”) to regain compliance with Nasdaq’s $1.00 per share minimum bid price requirement (the “Minimum Bid Price Requirement”) for continue |
Castor Maritime Inc. Announces the Sale of the M/V Magic Argo for $15.75 Million with an Expected Net Gain of $3.0 Million and the Termination of the Sale of the M/V Magic MoonLIMASSOL, Cyprus, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on September 22, 2023, the Company entered into an agreement with an unaffiliated third party for the sale of the M/V Magic Argo, a 2009-built Kamsarmax bulk carrier, for a price of $15.75 million. The vessel is expected to be delivered to her new owners during the fourth quarter of 2023. The Company expects to record during |
Castor Maritime Inc. Announces Results of its 2023 Annual General Meeting of ShareholdersLIMASSOL, 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 P |