Castor Maritime Announces Vessel Deliveries & New Charter Agreements

Castor

Castor Maritime Inc., a diversified global shipping company, announces the deliveries of two vessels.

On December 23, 2021, it took delivery of M/T Wonder Bellatrix, the 2006 Korean-built Aframax LR2 tanker it had agreed to acquire as previously announced on December 7, 2021.

On January 4, 2022, it took delivery of M/V Magic Callisto, the 2012 Japanese-built Panamax dry bulk carrier it had agreed to acquire as previously announced on December 20, 2021.

Both vessel acquisitions were financed in their entirety with cash on hand.

New Charter Agreements

The M/V Magic Horizon, a 2010 built Panamax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate of $20,100. The charter commenced on December 20, 2021, and has a duration of about 100 days.

The M/V Magic Venus, a 2010 built Kamsarmax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate of $29,000. The charter commenced on December 30, 2021, and has a duration of about 25 days.

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