Castor Maritime Acquires 2023-Built Kamsarmax Bulk Carrier for $37.5 Million
Castor Maritime Inc. (NASDAQ: CTRM) entered into an agreement to acquire a 2023-built modern-eco Kamsarmax bulk carrier from an unaffiliated third party for $37.5 million through a wholly-owned subsidiary.
Castor Maritime Inc. (NASDAQ: CTRM) entered into an agreement on June 22, 2026, to acquire a 2023-built modern-eco Kamsarmax bulk carrier vessel from an unaffiliated third party for a purchase price of $37.5 million. The Cyprus-based diversified global shipping and energy company structured the transaction through a separate wholly-owned subsidiary.
The vessel is a Kamsarmax-class bulk carrier, a segment typically ranging from 80,000 to 82,000 deadweight tons, and carries the modern-eco designation indicating fuel efficiency and environmental compliance features. The 2023 build year places the vessel among the newest in the global bulk carrier fleet. The seller remains unnamed in the announcement.
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