LIMASSOL, Cyprus, May 23, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on May 23, 2024, it completed the previously announced sale of the M/V Magic Vela, a 2011-built Panamax bulk carrier vessel, for a price of $16.4 million, by delivering the vessel to its new owner. The Company expects to record a net gain of approximately $2.7 million from the above-mentioned sale, excluding any transaction-related costs, d ...

Exhibit 99.1 INDEX TO INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | Page | | Unaudited Condensed Consolidated Balance Sheets as of December 31, 2023, and March 31, 2024 | F-2 | | | | | Unaudited Interim Condensed Consolidated Statements of Comprehensive Income for the three months ended ...

LIMASSOL, Cyprus, May 16, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three months ended March 31, 2024. Earnings Highlights of the First Quarter Ended March 31, 2024: Total vessel revenues from continuing operations: $20.4 million for the three months ended March 31, 2024, as compared to $24.5 million for the three months ended March 31, 2023, or a 16.7% decrease;Net income from continui ...

LIMASSOL, Cyprus, May 16, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces today that it has extended the expiration date of its previously announced tender offer (the "Offer") to purchase all of its outstanding Common Share Purchase Warrants issued on April 7, 2021 (the "Warrants"). The Offer is now scheduled to expire at 5:00 P.M. Eastern Time on May 31, 2024, unless further extended. The Offer was previously schedul ...

LIMASSOL, Cyprus, April 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that it has commenced today a tender offer (the "Offer") to purchase all of its 10,330,770 outstanding Common Share Purchase Warrants issued on April 7, 2021 (the "Warrants") at a price of $0.105 per Warrant, net to the seller in cash, without interest. Payments made pursuant to the Offer will be rounded down to the nearest whole cent. The War ...

LIMASSOL, Cyprus, April 18, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on April 18, 2024, it completed the previously announced sale of the M/V Magic Nebula, a 2010-built Kamsarmax bulk carrier vessel, for a price of $16.2 million, by delivering the vessel to its new owner, an entity affiliated with a family member of our Chairman, Chief Executive Officer and Chief Financial Officer. The Company expects to r ...

When the stock market pushes too high too fast, sudden corrections can reveal several oversold stocks for a short-term surge. Reasons for large dips include simple differences of opinion on a company’s prospects, short-term holders exiting positions with long-term potential, or negative events that temporarily spook fair-weather investors. Margin calls against large shareholders or disproportionate media coverage can also trigger selloffs.Indicators measuring momentum, like the Relative Strength Index (RSI) ...

LIMASSOL, Cyprus, March 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor", or the "Company"), a diversified global shipping company, announces that its board of directors (the "Board") has determined to effect a 1-for-10 reverse stock split of the Company's common shares. The Company's shareholders approved the reverse stock split by a ratio of not less than 1-for-two and not more than 1-for-100 and granted the Board the authority to determine the exact split ratio and when to proce ...

公司业务 - Castor Maritime Inc. 是一家国际航运服务提供商，通过拥有远洋货运船舶来提供航运服务[3] - 公司拥有一支由 14 艘船舶组成的船队，总载重量为 100 万吨，目前包括五艘 Kamsarmax 船舶、七艘 Panamax 散货船舶和两艘 2700 TEU 集装箱船舶[4] 船舶出售 - Castor Maritime Inc. 完成了之前宣布的 M/V Magic Orion 船舶的出售，售价为 1740 万美元[1] - 公司预计将在 2024 年第一季度从上述销售中录得约 200 万美元的净收益[2]

LIMASSOL, Cyprus, March 12, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ:CTRM), ("Castor" or the "Company"), a diversified global shipping company, announces that on March 11, 2024, it completed the previously announced sale of the M/V Magic Nova, a 2010-built Panamax bulk carrier vessel, for a price of $16.1 million, by delivering the vessel to its new owner. The Company expects to record a net gain of approximately $4.4 million from the above-mentioned sale, excluding any transaction-related cost ...