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/shipping/06012026/castor-maritime-inc-announces-the-sale-and-leaseback-of-the-mv-magic-perseus/
You might also like
Cavotec signs its second major reel contract from Civmec for Port Hedland in Australia
Cavotec has signed another contract with Australian construction and engineering company Civmec for the supply of a motorised cable and hose reel package to Port Hedland, Western Australia.