UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________________ to ________________________ OR ☐ SHELL COMPANY RE ...

LIMASSOL, Cyprus, May 14, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping and energy company, announces that the Company’s annual report on Form 20‐F (the “Annual Report”), which contains the Company’s audited consolidated financial statements for the fiscal year ended December 31, 2024, was filed with the U.S. Securities and Exchange Commission (the “SEC”). The Annual Report is now accessible on the SEC website at http://www.sec.gov ...

LIMASSOL, Cyprus, May 14, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping and energy company, today announced its results for the three months and year ended December 31, 2024. Highlights of the Year Ended December 31, 2024: Total vessel revenues from continuing operations: $65.1 million for the year ended December 31, 2024, as compared to $97.5 million for the year ended December 31, 2023, or a 33.2% decrease;Net income from continuing ...

CONTACT DETAILS For more information, please visit the Company's website at www.castormaritime.com. Information on our website does not constitute a part of this press release. Cautionary Statement Regarding Forward-Looking Statements Matters discussed in this press release may constitute forward-looking statements. We intend such forward- looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Sec ...

Core Viewpoint - Castor Maritime Inc. has successfully completed the sale of the M/V Magic Eclipse, a Panamax bulk carrier vessel, on March 24, 2025, marking a strategic move in its asset management and fleet optimization efforts [1]. Company Overview - Castor Maritime Inc. is a diversified global shipping and energy company involved in investment and asset management, vessel ownership, technical and commercial ship management, and energy infrastructure projects [2]. - The company owns a fleet of 11 vessels with a total capacity of 0.8 million deadweight tons (dwt) [3]. Recent Transactions - The sale of the M/V Magic Eclipse follows the earlier agreement to sell the M/V Gabriela A on December 4, 2024, and the M/V Magic Callisto in March 2025, indicating a trend of divesting certain assets [3].

Core Viewpoint - Castor Maritime Inc. has entered into agreements for the sale of two Panamax bulk carrier vessels for a total of $28.0 million, with transactions approved by a special committee of independent directors [1] Company Overview - Castor Maritime Inc. is a diversified global shipping and energy company involved in investment and asset management, vessel ownership, technical and commercial ship management, and energy infrastructure projects [2] - The company owns a fleet of 12 vessels with a total capacity of 0.8 million deadweight tons (dwt) [3] Recent Transactions - The company has agreed to sell the M/V Magic Eclipse (2011-built) and the M/V Magic Callisto (2012-built) for a combined price of $28.0 million, with delivery expected in the first half of 2025 [1] - The M/V Gabriela A was also agreed to be sold on December 4, 2024, as part of the company's ongoing fleet management strategy [3]

Core Viewpoint - Castor Maritime Inc. has completed the sale of the M/V Ariana A for $16.5 million, which is expected to result in a net loss of approximately $3.3 million in the first quarter of 2025, excluding transaction-related costs [1][2]. Company Overview - Castor Maritime Inc. is a diversified global shipping and energy company involved in investment and asset management, vessel ownership, technical and commercial ship management, and energy infrastructure projects [3]. - The company owns a fleet of 12 vessels with a total capacity of 0.8 million deadweight tons (dwt) [4]. Recent Transactions - The sale of the M/V Ariana A, a 2005-built 2,700 TEU containership, was completed on January 22, 2025 [1]. - The company had previously agreed to sell the M/V Gabriela A on December 4, 2024 [4].

Core Viewpoint - Castor Maritime Inc. has announced the sale of the M/V Gabriela A, a 2,700 TEU containership, for $19.3 million, with a net gain of approximately $0.8 million expected from the transaction, excluding costs [1][2]. Company Overview - Castor Maritime Inc. is a diversified global shipping and energy company involved in investment and asset management, vessel ownership, technical and commercial ship management, and energy infrastructure projects [3]. - The company owns a fleet of 13 vessels with a total capacity of 0.9 million deadweight tons (dwt) [4]. Recent Transactions - The sale of the M/V Gabriela A is part of the company's strategy, following a previous agreement to sell the M/V Ariana A on November 13, 2024 [4].

Company Overview - Castor Maritime Inc. is a diversified global shipping and energy company involved in investment and asset management, vessel ownership, technical and commercial ship management, and energy infrastructure projects [5] - The company operates a fleet of 13 vessels with a total capacity of 0.9 million deadweight tons (dwt) [5] Acquisition Details - On December 16, 2024, Castor Maritime's subsidiary, Thalvora Holdings GmbH, acquired 26,116,378 shares of MPC Münchmeyer Petersen Capital AG, representing 74.09% of its share capital, for €7.00 per share, totaling €182.8 million (approximately USD 192.6 million) [1] - The acquisition positions Castor as the majority shareholder of MPC Capital, which specializes in infrastructure projects in the maritime and energy sectors [3][5] Changes in Governance - Following the acquisition, the Supervisory Board of MPC Capital will include Mr. Ulf Holländer and two new members: Mr. Petros Panagiotidis (CEO and Chairman of Castor) and Mr. Petros Zavakopoulos [2] - The appointments will take effect upon confirmation from the local court of Hamburg and will last until MPC Capital's next ordinary Annual General Meeting [2] MPC Capital Overview - MPC Münchmeyer Petersen Capital AG is an investment and asset manager with assets under management totaling €4.8 billion, focusing on maritime and energy infrastructure projects [3] - The company is also the founder and cornerstone shareholder of Oslo-listed MPC Container Ships ASA, which focuses on small to mid-size container ships [4]

Core Viewpoint - Castor Maritime Inc. has announced the sale of the M/V Ariana A, a 2,700 TEU containership, for $16.5 million, with an expected delivery in the first quarter of 2025, although the company anticipates a net loss of approximately $3.3 million from this sale [1][2]. Company Overview - Castor Maritime Inc. is a diversified global shipping company that provides shipping transportation services through its ownership of oceangoing cargo vessels [3]. - The company owns a fleet of 13 vessels with a total capacity of 0.9 million deadweight tons (dwt), which includes various types of dry bulk and containership vessels [3].