LIMASSOL, Cyprus, March 12, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on March 11, 2024, it completed the previously announced sale of the M/V Magic Nova, a 2010-built Panamax bulk carrier vessel, for a price of $16.1 million, by delivering the vessel to its new owner. The Company expects to record a net gain of approximately $4.4 million from the above-mentioned sale, excluding any transaction-related cost ...

LIMASSOL, Cyprus, March 01, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor", or the "Company"), a diversified global shipping 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, 2023, 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 and on the ...

The management of our business, including, but not limited, the commercial and technical management of our fleet as well as administrative, financial and other business functions, is carried out by our head manager Castor Ships, which is a company controlled by our Chairman, Chief Executive Officer and Chief Financial Officer, Petros Panagiotidis. Castor Ships has entered into arrangements with Pavimar relating to the technical co-management of our dry bulk vessels. Since the first quarter of 2023, Castor S ...

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LIMASSOL, Cyprus, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM) ("Castor" or the "Company"), a diversified global shipping company, today announced its results for the three months and year ended December 31, 2023. Earnings Highlights of the Fourth Quarter Ended December 31, 2023: Total vessel revenues from continuing operations: $26.4 million for the three months ended December 31, 2023, as compared to $31.3 million for the three months ended December 31, 2022, or a 15.7% decrease;Ne ...

Exhibit 99.1 Limassol, Cyprus, February 8, 2024 – Castor Maritime Inc. (NASDAQ: CTRM) ("Castor" or the "Company"), a diversified global shipping company, today announced its results for the three months and year ended December 31, 2023. ◾ Total vessel revenues from continuing operations: $26.4 million for the three months ended December 31, 2023, as compared to $31.3 million for the three months ended December 31, 2022, or a 15.7% decrease; ◾ Net income of $25.0 million for the three months ended December 3 ...

Exhibit 99.1 F-1 | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|--------------------------|-----------------------| | ASSETS \nCURRENT ASSETS: | Note | December 31, \n2022 | September 30, \n2023 | | Cash and ca ...

Exhibit 99.1 INDEX TO INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) | Page | | | --- | --- | | Unaudited Condensed Consolidated Balance Sheets as of December 31, 2022, and June 30, 2023 | F-2 | | Unaudited Interim Condensed Consolidated Statements of Comprehensive Income for the six months ended June 30, 2022, | | | and 2023 | F-3 | | Unaudited Condensed Consolidated Statements of Shareholders' Equity for the six months ended June 30, 2022, and 2023 | F-4 | | Unaudited Interim Condensed Co ...

| --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------|------------| | Unaudited Interim Consolidated Balance Sheets as of December 31, 2022, and March 31, 2023 | Page \nF-2 | | | | | Unaudited Interim Condensed Consolidated Statements of Comprehensive Income for the three months ended March 31, 2022, and 2023 | F-3 | | | | | Unaudited Interim Consolidated Statements of Shareholders' Equ ...

If "Other" has been checked in response to the previous question, indicate by check mark which financial statement item the Registrant has elected to follow. ☐ Item 17 ☐ Yes ☒ No ☐ Yes ☐ No i | --- | --- | --- | |-------------|----------------------------------------------------------------------------------------------------|-------| | PART I | | 1 | | ITEM 1. | IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS | 1 | | ITEM 2. | OFFER STATISTICS AND EXPECTED TIMETABLE | 1 | | ITEM 3. | KEY INFORMATION ...