Castor Maritime Charters On Its Dry Bulk Carriers

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  • Castor Maritime Inc. fixed time charter contracts on three of its vessels.
  • The vessels include one Kamsarmax dry bulk carrier, and two Panamax dry bulk carrier.

Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces its time charter contracts.

Kamsarmax Dry Bulk Carrier Contract

The M/V Magic Nebula, a 2010 built Kamsarmax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate of $31,750. The charter commenced on September 4, 2021, and has a minimum duration of six months and a maximum duration of eight months (+/- 15 days) at the charterer’s option.

Panamax Dry Bulk Carrier Contracts

The M/V Magic Moon, a 2005 built Panamax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate of $30,250. The charter commenced on August 31, 2021, and has a duration of about 90 days.

The M/V Magic Nova, a 2010 built Panamax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate of $32,000 plus a one-time gross ballast bonus of $1,300,000. The charter is expected to commence on or around September 17, 2021, and will have a duration of about 70 days.

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Source : Yahoo Finance

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