Castor Maritime Inc. a diversified global shipping company, has announced the delivery of two dry bulk carriers.
On 9 April 2021, the company took delivery of the M/V Magic Twilight, a 2010 Korean-built Kamsarmax dry bulk carrier, and on 13 April 2021, it took delivery of the M/V Magic Thunder, a 2011 Japanese-built Kamsarmax dry bulk carrier, pursuant to the transactions previously announced on 18 February and 12 March 2021, respectively. Both acquisitions were financed in their entirety with cash on hand.
The M/V Magic Twilight commenced employment under a time charter contract on 13 April 2021, at a daily gross charter rate of US$19 000 with an expected term of approximately 20 days. The M/V Magic Thunder is expected to commence employment under a time charter contract on or around 17 April 2021, at a daily gross charter rate of US$18 900 with an expected term of about 60 days.