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Castor Maritime ( NASDAQ: CTRM ) said it had revised the record date for the spin-off of its subsidiary Toro Corp to February 22, and it now expects to complete the distribution of Toro common shares in March 2023. Under the spin-off, Castor shareholders will receive one common s...
LIMASSOL, Cyprus, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announced today that, in relation to the previously announced spin-off of its wholly owned subsidiary, Toro Corp...
Summary Proposed spin-off of the company's tanker fleet into a new, Nasdaq-listed entity named Toro Inc. has been delayed. Based on disclosures made in Toro's recently revised registration statement, transaction terms have been altered in favor of Castor Maritime. Company to retain ...
LIMASSOL, Cyprus, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announced today that its Board of Directors, consisting of its independent disinterested members (the "Board"), ...
LIMASSOL, Cyprus, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announced today that the Company’s 2022 Annual General Meeting of Shareholders (the "Meeting") was ...
LIMASSOL, Cyprus, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announced today that, the distribution to its shareholders of common shares in its newly formed subsidiary Toro ...
LIMASSOL, Cyprus, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces the deliveries of two vessels. On November 23, and on November 30, 2022, Castor took delivery o...
Providing investors with something to be thankful for, Castor Maritime (NASDAQ: CTRM) reported its third-quarter results on Wednesday. The shipping company delivered strong growth, and investors are showing their gratitude by sending the stock higher. As of 10:45 a.m. ET Fri...
LIMASSOL, Cyprus, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three months and nine months ended September 30, 2022. Highligh...
Castor Maritime ( NASDAQ: CTRM ) said Wednesday it will effect a spin-off of its tanker fleet comprising one Aframax, five Aframax/LR2 and two Handysize tankers, sending its shares 3.2% higher after the bell. Castor ( CTRM ) shareholders will receive two s...
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LIMASSOL, Cyprus, June 03, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, announces today the final results of its tender offer (the “Offer”) to purchase all of its outstand...
LIMASSOL, Cyprus, May 28, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on May 28, 2024, it completed the previously announced sale of the M/V Magic Horizon , a 2010-...
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-bui...