Castor Maritime Announces Its $15.45m Worth Acquisition Deal

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Castor Maritime acquired a 2010-built Korean kamsarmax bulker, says a press release published on their website.

Vessel acquisition

Greek owner Castor Maritime announced the acquisition of a 2010-built Korean kamsarmax bulker. The identity of the vessel acquired and the seller’s details remain unrevealed.

  • Castor has paid $15.45m for the vessel.
  • Delivery set for the second quarter of this year.

Castor’s previous kamsarmax buy

It has recently emerged that Castor’s last kamsarmax buy was from Greece’s Aegean Bulk last month, the STX-built Inspiration. 

Aegean’s fleet includes a sister vessel, Infinity, which matches the description of this latest acquisition.

CEO of Castor

Petros Panagiotidis, CEO of Castor, commented: “We are very happy to announce our seventh vessel acquisition in 2021 with the addition of another kamsarmax dry bulk vessel, our fourth, to Castor’s fleet. Our focus remains on deploying our capital and growing our fleet through timely acquisitions of vessels across shipping segments.”

Castor’s kamsarmax & Capesize entry 

Castor started the year as a pure-play Panamax bulker owner, however, with its acquisitions this year has entered the kamsarmax and Capesize bulker segments as well as adding its first tankers with the acquisition of a pair of Aframax tankers.

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Source: CastorMaritime