Castor Maritime Announces $29.95M Acquisition Of 2020-Built Kamsarmax Bulk Carrier, With Delivery Expected In October 2024
Portfolio Pulse from Benzinga Newsdesk
Castor Maritime has announced the acquisition of a 2020-built Kamsarmax bulk carrier for $29.95 million, with delivery expected in October 2024.
September 30, 2024 | 1:03 pm
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Castor Maritime's acquisition of a 2020-built Kamsarmax bulk carrier for $29.95 million is a strategic expansion of its fleet, expected to enhance its operational capacity by October 2024.
The acquisition of a modern bulk carrier is likely to enhance Castor Maritime's operational capacity and market position, potentially leading to positive investor sentiment and a short-term stock price increase.
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