Castor maritime inc. announces the sale of the m/v magic moon for $11.8 million and the completion of the sale of the m/v magic phoenix

Limassol, cyprus, nov. 28, 2023 (globe newswire) -- castor maritime inc. (nasdaq: ctrm), (“castor” or the “company”), a diversified global shipping company, announces that on november 10, 2023, the company entered into an agreement with an unaffiliated third party for the sale of the m/v magic moon, a 2005-built panamax bulk carrier vessel, for a price of $11.8 million. the vessel is expected to be delivered to its new owner by the end of the fourth quarter of 2023.
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