May18 , 2026

    Castor Maritime adds modern kamsaramax in $30m deal

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    Cyprus-based bulker and boxship owner Castor Maritime has snapped up its second ship in less than a month with the purchase of a modern kamsarmax.

    The Nasdaq-listed firm said it has struck a $29.95m deal with an unaffiliated third party for an unnamed 2020-built bulker, which will be financed with cash on hand.

    The ship should deliver in October, the Petros Panagiotidis-led company said, without disclosing further details.

    Castor will, following the delivery, own 13 vessels, of which four kamsarmaxes. Earlier in September, the company acquired a 2009-built 1,850 teu boxship for $16.49m.

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