Castor Maritime will take first delivery of capsize vessel.

Castor Maritime , Owner Nasdaq broadcasted the procurement of japan built 2006 capsize bulk container Ocean Compass.

Castor will take delivery of the container in the end of Q2 or early Q2 approx.

   

The container will be scheduled for dry dock and particular survery. Ballast water treatment system will be installed as per cost discussed in the agreement during dry dock process.

VesselsValue $13.44m is the price of the container displayed in the Online pricing portal.

 

 

Acquirement Commentary by Panagiotidis, Castor CEO

 

We are excited that we have consumed our latest increased principal by acquiring seventh container.

We are very pleased that we have been able to quickly utilize our recently raised capital by agreeing to the acquisition of our seventh vessel.We think this is the right period to shift to Larger Dry Bulk Containers.

Our outlook is that this will yield profit in present progressing market conditions. We are loyal to our stakeholders in providing long-period profits with the expansion of our marine service with all sizes and segments.

Currently castor has one owned panama bulk container only as per 2019 List. Also has a fleet of six panama vessels.