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Castor Maritime ([[CTRM]] +0.8%) has inked a time charter contract for the M/V Magic Rainbow, a 2007 built Panamax dry bulk carrier at a daily gross charter rate of $25K, following completion of its scheduled drydocking.Charter commences today with a term of between 7 to 9 months. The company...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Since the beginning of the year, shares of Cyprus-based shipping company Castor Maritime (NASDAQ: CTRM ) stock are up by more than 80%. Source: Pavel Kapysh / Shutterstock.com As stated in its filings with the S...
Small shipping company files to approximately double its share count. Book value per share has fallen more than 90% over the last 3 years. The business model appears to have provided more value to the CEO than it has to shareholders. For further details see: Castor Marit...
Listing Qualifications Department of Nasdaq notified Castor Maritime (CTRM) that it has regained compliance with the minimum bid price requirement on June 14, 2021.Previously (Dec.30), the company had received 180-day extension from Nasdaq to meet Nasdaq minimum bid p...
LIMASSOL, Cyprus, June 15, 2021 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that it received a written confirmation from the Nasdaq Stock Market on June 14 2021, that the ...
The shipping industry has been gradually recovering thanks to rising demand for commodities and an increase in international trade as several economies resume their manufacturing and industrial activities. Consequently, we think two major players in the shipping industry—Castor Maritim...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips InvestorPlace columnist Brenden Rearick recently discussed Castor Maritime’s (NASDAQ: CTRM ) first profitable quarter since 2019. Interestingly, despite the positive results, CTRM stock fell on t...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Castor Maritime (NASDAQ: CTRM ), a Limassol, Cyprus shipping company listed on the Nasdaq , now has a market capitalization of $309.45 million. This is because the company recently, on June 3, announced not only its ...
LIMASSOL, Cyprus, June 09, 2021 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that on June 7, 2021, it took delivery of the M/V Magic Eclipse , the 2011 Japanese-built P...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Castor Maritime (NASDAQ: CTRM ). It’s been a sinking ship amid a rising tide in the broader market. But is now a good time to buy CTRM stock, utilize a hold and hope strategy or simply steer clear shares? Let...
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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...