Castor Maritime Seals New Time Charters for 2 Bulkers

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Nasdaq-listed Castor Maritime has secured new time charter contracts with undisclosed clients for two of its bulk carriers, says an article published in castor maritime.

Time Charter for Capesize vessel

The Greek owner has fixed the 2006-built capesize Magic Orion on a time charter contract at a daily rate of $73,000. The charter is expected to commence on or around October 8, 2021, and will have a duration of about 45 days.

Meanwhile, the 2011-built panamax Magic Eclipse has gone on a time charter contract on September 14 for between eight and ten months at $28,500 per day.

Last month, Castor sealed five charter deals for its bulkers Magic Mars, Magic Argo, Magic Nebula, Magic Moon, and Magic Nova.

The company has grown its fleet to 27 vessels, having started the year with just six panamax bulkers. It now owns one capesize, seven kamsarmaxes, eleven panamaxes and eight tankers.

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Source: Castor Maritime

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