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 21 days, the trend for CTRM's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
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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 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 |
Castor Maritime's (NASDAQ:CTRM) earnings have declined over three years, contributing to shareholders 53% lossCastor Maritime Inc. ( NASDAQ:CTRM ) shareholders should be happy to see the share price up 26% in the last month. But... |
Castor Maritime Inc. Reports Net Income of $8.2 Million for the Three Months Ended June 30, 2023 and Net income of $19 Million for the Six Months Ended June 30, 2023LIMASSOL, Cyprus, Aug. 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 six months ended June 30, 2023. Earnings Highlights of the Second Quarter Ended June 30, 2023: Total Vessel Revenues from continuing operations: $25.3 million for the three months ended June 30, 2023, as compared to $41.7 million for the three months ended June 30, 2022, or a 39.3% decrease |
Castor Maritime Inc. Announces the Date of its 2023 Annual General Meeting of ShareholdersLIMASSOL, Cyprus, July 31, 2023 (GLOBE NEWSWIRE) -- Limassol, Cyprus, July 31, 2023 – Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announced today that its Board of Directors (the "Board") has scheduled the Company’s 2023 Annual General Meeting of Shareholders (the "Meeting") to be held on September 1, 2023, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. The Board has fix |
Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic TwilightLIMASSOL, Cyprus, July 24, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that on July 20, 2023, the Company completed the previously announced sale at a price of $17.5 million of the M/V Magic Twilight, a 2010-built Kamsarmax, by delivering the vessel to its new owner. The Company expects to record during the third quarter of 2023 a net gain on the sale of the M/V Magic Twilight of approximately $4.0 m |
Castor Maritime Inc. Announces the Sale of the M/V Magic Twilight for $17.5 Million and With an Expected Net Gain of $4.0 MillionLIMASSOL, Cyprus, June 15, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor”, or the “Company”), a diversified global shipping company, announces that on June 2, 2023, the Company entered into an agreement with an unaffiliated third party for the sale of the M/V Magic Twilight, a 2010-built Kamsarmax bulk carrier, at a price of $17.5 million. The conclusion of the sale agreement is subject to the execution of definitive documentation customary for this type of transaction. T |
Castor Maritime Inc. Reports Net Income of $10.8 Million for the Three Months Ended March 31, 2023; Spin-Off of Tanker Business Completed on March 7, 2023LIMASSOL, Cyprus, May 23, 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 ended March 31, 2023. Highlights of the First Quarter Ended March 31, 2023: Total Vessel Revenues from continuing operations: $24.5 million for the three months ended March 31, 2023, as compared to $37.8 million for the three months ended March 31, 2022, or a 35.2% decrease;Net income of $10.8 m |
Castor Maritime Inc. Announces Receipt of NASDAQ NoticeLIMASSOL, Cyprus, April 21, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated April 20, 2023, indicating that because the closing bid price of the Company’s common stock for 30 consecutive business days, from March 8, 2023 to April 19, 2023, was below the minimum $1.00 per share bid price requirement for continued listi |
Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic RainbowLIMASSOL, Cyprus, April 19, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that on April 18, 2023, the Company completed the previously announced sale at a price of $12.6 million of the M/V Magic Rainbow, a 2007-built Panamax, by delivering the vessel to its new owners. The Company expects to record during the second quarter of 2023 a net gain on the sale of the M/V Magic Rainbow of approximately $4.4 m |