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LIMASSOL, Cyprus, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping and energy company, announces that it has entered into an agreement to establish a joint venture (the "Joint Venture") with third-party investors arranged by Fearnley Securities AS. The Joint Venture was established to acquire, own and operate the M/V Magic Starlight, a 2015-built Kamsarmax bulk carrier vessel owned by the Company (the “Vessel”). The Company has contributed the Vessel to the Joint Venture in exchange for a 30% equity interest and cash consideration of $18.75 million.
Castor Maritime (NASDAQ: CTRM - Get Free Report) and EuroDry (NASDAQ: EDRY - Get Free Report) are both small-cap transportation companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, valuation, institutional ownership, earnings, risk and dividends. Analyst Ratings This is a breakdown of recent
LIMASSOL, Cyprus, July 20, 2026 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping and energy company, announced today that its Board of Directors (the "Board") has scheduled the Company's 2026 Annual General Meeting of Shareholders (the "Meeting") to be held on September 11, 2026, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. The Board has fixed a record date of July 17, 2026 (the "Record Date") for the determination of the shareholders entitled to receive notice of and to vote at the Meeting or any adjournment thereof.
Castor Maritime (NASDAQ: CTRM - Get Free Report) and Teekay Tankers (NYSE: TNK - Get Free Report) are both transportation companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, risk, earnings, analyst recommendations, valuation, dividends and institutional ownership. Insider and Institutional Ownership 1.1% of Castor Maritime
LIMASSOL, Cyprus, June 30, 2026 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping and energy company, announces that it has entered into an agreement, through a separate wholly-owned subsidiary, to acquire a 2024-built modern-eco Kamsarmax bulk carrier vessel, the M/V Magic Saturn, from an unaffiliated third party for a purchase price of $41.9 million. The Company took delivery of the M/V Magic Saturn on June 29, 2026.
LIMASSOL, Cyprus, June 22, 2026 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping and energy company, announces that it has entered into an agreement, through a separate wholly-owned subsidiary, to acquire a 2023-built modern-eco Kamsarmax bulk carrier vessel from an unaffiliated third party for a purchase price of $37.5 million.
LIMASSOL, Cyprus, June 02, 2026 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping and energy company, today announced its results for the three months ended March 31, 2026. Highlights of the First Quarter Ended March 31, 2026: Total vessel revenues: $11.9 million for the three months ended March 31, 2026, as compared to $11.3 million for the three months ended March 31, 2025, or a 5.3% increase; Revenue from services: $9.3 million for the three months ended March 31, 2026, as compared to $9.0 million for the three months ended March 31, 2025, or a 3.3% increase; Net income of $69.2 million for the three months ended March 31, 2026, as compared to a $23.3 million loss for the three months ended March 31, 2025, or a 397.0% increase; Adjusted net income (1) of $9.6 million for the three months ended March 31, 2026, as compared to $4.9 million for the three months ended March 31, 2025; Earnings / (loss) per common share, basic: $4.65 per share for the three months ended March 31, 2026, as compared to $(2.18) per share for the three months ended March 31, 2025; EBITDA (1) : $74.8 million for the three months ended March 31, 2026, as compared to $(18.3) million for the three months ended March 31, 2025; Adjusted EBITDA (1) : $15.2 million for the three months ended March 31, 2026, as compared to $9.9 million for the three months ended March 31, 2025; and Cash and restricted cash of $192.8 million as of March 31, 2026, as compared to $152.8 million as of December 31, 2025.
LIMASSOL, Cyprus, April 15, 2026 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping and energy company, announces that the Company's annual report on Form 20‐F (the “Annual Report”), which contains the Company's financial statements for the fiscal year ended December 31, 2025, was filed with the U.S. Securities and Exchange Commission (the “SEC”).