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Four new charter agreements for Castor Maritime Inc.

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Dry Bulk,


Castor Maritime Inc. has announced four new charter agreements.

The M/V Magic Nova, a 2010-built Panamax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate equal to 92% of the average of the Baltic Panamax Index 5TC routes. The charter commenced on 17 November 2021 and has a minimum duration of 11 months and a maximum duration of approximately 14 months (+/- 15 days) at the charterer’s option.

The M/V Magic Orion, a 2006-built Capesize dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate equal to 101% of the average of the Baltic Capesize Index 5TC routes. The charter is expected to commence on or around 21 November 2021 and will have a minimum duration of 11 months and a maximum duration of 14 months at the charterer’s option.

The M/V Magic Vela, a 2011-built Panamax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate of US$19 000 plus a one-time gross ballast bonus of US$550 000. The charter is expected to commence on or around 29 November 2021 and will have a duration of approximately 45 days.

The M/V Magic Pluto, a 2013-built Panamax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate equal to 91% of the average of the Baltic Panamax Index 5TC routes. The charter is expected to commence on 7 December 2021 and will have a minimum duration of 11 months and a maximum duration of approximately 14 months (+/- 15 days) at the charterer’s option.

Read the article online at: https://www.drybulkmagazine.com/shipping/19112021/four-new-charter-agreements-for-castor-maritime-inc/

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Dry bulk shipping market Panamax news Capesize news