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Castor Maritime Inc. Announces the Sale of the M/V Ariana A for a Price of $16.5 Million
CTRMCastor Maritime (CTRM) GlobeNewswire News Room·2024-12-02 14:00

Core Viewpoint - Castor Maritime Inc. has announced the sale of the M/V Ariana A, a 2,700 TEU containership, for 16.5million,withanexpecteddeliveryinthefirstquarterof2025,althoughthecompanyanticipatesanetlossofapproximately16.5 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].