CTRM News and Press, Castor Maritime Inc. From 05/23/23

2023-05-23 09:40:34 ET Castor Maritime press release ( NASDAQ: CTRM ): Q1 GAAP EPS of -$0.07. Revenue of $24.47M (-35.3% Y/Y). Adjusted EBITDA from continuing operations: $9.3 million for the three months ended March 31, 2023, as compared to $24.2 million for the three...

LIMASSOL, Cyprus, May 23, 2023 (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, 2023. Highlights of the First Quarter End...

2023-04-26 09:18:08 ET Summary After last month's spin-off from Castor Maritime, junior tanker operator Toro Corp. wasted no time pursuing its first capital raise. Surprisingly, the company has not followed the playbook of other recent shipping spin-offs like Imperial Petroleum or...

2023-04-24 02:30:47 ET Castor Maritime ( NASDAQ: CTRM ) has received written notification from Nasdaq on April 20, 2023. The closing price for 30 consecutive business days, from March 8, 2023 to April 19, 2023, was below the minimum $1.00 per share. The company can cur...

2023-04-19 09:21:56 ET Castor Maritime ( NASDAQ: CTRM ) has announced that the Co. completed the previously announced sale at a price of $12.6M of the M/V Magic Rainbow, a 2007-built Panamax, by delivering the vessel to its new owners. The Co. expects to record during ...

LIMASSOL, Cyprus, April 19, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that on April 18, 2023, the Company completed the previously announced sale at a price of $12.6...

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 th...

LIMASSOL, Cyprus, April 03, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that on March 23, 2023, we entered into an agreement with a third party for the sale of the M...

2023-03-20 09:24:19 ET Castor Maritime ( NASDAQ: CTRM ) has agreed to sell its M/V Magic Rainbow vessel at a price of $12.6M. Castor will realize a net gain on the sale of approximately $4.4 million, excluding any transaction related costs, in the second quarter of 2023. T...

LIMASSOL, Cyprus, March 20, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that on March 13, 2023, we entered into an agreement with a third party for the sale of the M...