Castor Maritime Inc. announces vessel acquisition and the delivery of M/V Magic Jupiter
Published by Alfie Lloyd-Perks,
Assistant Editor
Dry Bulk,
Castor Maritime Inc. announce 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 US$41.9 million.
The Company took delivery of the M/V Magic Saturn on June 29, 2026.
Furthermore, on June 29, 2026, the Company took delivery of the M/V Magic Jupiter, the 2023-built modern-eco Kamsarmax vessel it had agreed to acquire, as previously announced on June 22, 2026.
Both acquisitions were funded with cash on hand.
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