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CTRM - Castor Maritime to sell M/V Magic Moon for $13.95M
Castor Maritime Inc.
2023-04-03 09:14:02 ET
Castor Maritime ( NASDAQ: CTRM ) has announced the sale of its 2005-built M/V Magic Moon Panamax vessel for $13.95M.
The vessel is expected to be delivered to its new owner during the third quarter of 2023. The company expects to record during the third quarter of 2023 a net gain on the sale of approximately $5.3M, excluding any transaction related costs.