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Castor Maritime Inc. Announces the Sale of the M/V Gabriela A for a Price of $19.3 Million with an Expected Net Gain of $0.8 Million
CTRMCastor Maritime (CTRM) Newsfilter·2024-12-19 14:00

Core Viewpoint - Castor Maritime Inc. has announced the sale of the M/V Gabriela A, a 2,700 TEU containership, for 19.3million,withanetgainofapproximately19.3 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].