Castor maritime inc. announces the en bloc acquisition of a tanker fleet consisting of 5 vessels

Limassol, cyprus, april 30, 2021 (globe newswire) -- castor maritime inc. (nasdaq: ctrm), (“castor” or the “company”), a diversified global shipping company, announces that it entered, through five separate wholly-owned subsidiaries, into agreements to acquire two 2006 korean-built mr1 tankers, two 2004 korean-built aframax/lr2 tankers and one 2002 korean-built aframax/lr2 tanker. the five tankers are acquired from an unaffiliated third-party for an aggregate purchase price of $49.25 million.
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