Castor Maritime Inks Charter Deal for Its New Kamsarmax

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Nasdaq-listed Greek shipowner Castor Maritime takes delivery of its first kamsarmax and the vessel will immediately go out on charter, says a press release published on their website.

New Kamsarmax segment

Castor moved into the kamsarmax segment last month, forking out $15.85m for the Japanese-built Key Evolution. 

The vessel was delivered earlier this week and has been renamed Magic Venus.

Time charter agreement 

The vessel is now set to commence employment under a time charter agreement at $18,500 per day for a period of five to seven months. 

Revenue  

It will generate around $2.8m to $4.2m depending on the employment period, assuming no off-hire days.

Castor fleet

Castor had a busy February, snapping up three kamsarmax bulkers, a capesize bulker and two aframax tankers, adding to its fleet of six panamaxes.

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Source: Castor maritime

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