Castor Maritime announces agreements to acquire the 2024-built Kamsarmax bulk carrier M/V Magic Saturn for 1.9 million and reports taking delivery of the 2023-built M/V Magic Jupiter on June 29, 2026. The announcement identifies the vessels’ build years and names, but does not specify the currency or further transaction terms for the Magic Saturn acquisition.
Castor Maritime Inc. announces an agreement to acquire the M/V Magic Saturn, a 2024-built modern-eco Kamsarmax bulk carrier, for 1.9 million. The supplied release text does not specify the currency, seller, or delivery timing.
Castor Maritime reports net income of 9.2 million for the first quarter of 2026. The company attributes the result to improved dry bulk and containership market conditions and stronger freight rates.
Castor Maritime Inc. announces that its 2025 annual report on Form 20-F is available. The company filed the report with the U.S. Securities and Exchange Commission.
