Castor Maritime Inc. announces the sale and leaseback of the M/V Magic Perseus
Published by Alfie Lloyd-Perks,
Assistant Editor
Dry Bulk,
Castor Maritime Inc. announces the signing of a sale and leaseback agreement for the M/V Magic Perseus, a 2013-built Kamsarmax bulk carrier vessel with a Japanese counterparty.
The transaction is expected to conclude during January 2026.
The bareboat financing amounts to US$15.6 million, has a duration of eleven years, including a put option for the counterparty at the end of year eight, and a purchase option for Castor Maritime beginning at the end of the second year of the bareboat charter period.
Click here for free registration to Dry Bulk
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/06012026/castor-maritime-inc-announces-the-sale-and-leaseback-of-the-mv-magic-perseus/
You might also like
Icon Energy Corp. announces reverse stock split
Icon Energy Corp. announce that its board of directors has determined to effect a 1-for-5 reverse stock split of the Company’s issued common shares par value US$0.001.