Castor Maritime Inc. Announces Acquisition of a Kamsarmax Bulk Carrier Vessel
Castor Maritime Inc. (NASDAQ: CTRM) has agreed to acquire a 2023-built modern-eco Kamsarmax bulk carrier vessel for $37.5 million through its wholly-owned subsidiary, with the acquisition expected by end of quarter. The company plans to fund this purchase using cash on hand.
Topics: acquisition fleet expansion shipping