Castor Maritime Inc. (NASDAQ: CTRM), a diversified global shipping company, has entered into an agreement to sell the M/V Ariana A, a 2005-built containership with a capacity of 2,700 TEU. The deal, finalized on November 13, 2024, was made through a wholly-owned subsidiary with an unaffiliated third party, reports Castor Maritime.
Sale Price and Delivery Timeline
The vessel was sold for $16.5 million, with delivery to the new owner expected in the first quarter of 2025.
Financial Impact
Castor Maritime expects to report a net loss of approximately $3.3 million from the sale during the first quarter of 2025, excluding any transaction-related costs.
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Source: Castor Maritime
