Castor maritime inc. announces the completion of the sale of the m/v magic twilight

Limassol, cyprus, july 24, 2023 (globe newswire) -- castor maritime inc. (nasdaq: ctrm), (“castor”, or the “company”), a diversified global shipping company, announces that on july 20, 2023, the company completed the previously announced sale at a price of $17.5 million of the m/v magic twilight, a 2010-built kamsarmax, by delivering the vessel to its new owner. the company expects to record during the third quarter of 2023 a net gain on the sale of the m/v magic twilight of approximately $4.0 million, excluding any transaction related costs.
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