Skip to main content

Castor Maritime acquires Panamax dry bulk carrier

Published by
Dry Bulk,


Castor Maritime Inc., a diversified global shipping company, has announced that it entered, through a separate wholly-owned subsidiary, into an agreement to purchase a 2011 Japanese-built Panamax dry bulk carrier from an unaffiliated third-party for a purchase price of US$18.48 million.

The acquisition is expected to be consummated by taking delivery of the vessel within 2Q21 and is subject to the satisfaction of certain customary closing conditions.

Petros Panagiotidis, Chief Executive Officer of Castor, commented:

“We are pleased to announce our ninth vessel acquisition in 2021 with the addition of another Panamax dry bulk vessel to Castor’s fleet. Our focus remains on deploying our capital and growing our fleet through timely acquisitions of vessels across shipping segments.”

Read the article online at: https://www.drybulkmagazine.com/shipping/09042021/castor-marine-acquires-panamax-dry-bulk-carrier/

You might also like

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Panamax news