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Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Eclipse
CTRMCastor Maritime (CTRM) GlobeNewswire·2025-03-28 13:00

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].