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Castor Maritime Inc. Reports Net Income of $2.8 Million for the Three Months Ended September 30, 2024 and Net income of $48.0 Million for the Nine Months Ended September 30, 2024
Press Release: Castor Maritime Inc. Reports Net Income of $22.9 Million for the Three Months Ended June 30, 2024 and Net income of $45.2 Million for the Six Months Ended June 30, 2024
Castor Maritime Inc. provides shipping services worldwide. The company operates through four segments: Dry Bulk Vessels, Aframax/LR2 Tanker, Handysize Tanker Vessels, and Containerships. It offers seaborne transportation services for dry bulk cargo; commodities, such as iron ore, coal, soybeans, etc.; and crude oil and refined petroleum products. As of March 08, 2023, the company owned and operated a fleet of 22 vessels primarily consisting of one Capesize, seven Kamsarmax, two Handysize tanker vessels, five Aframax/LR2 tanker vessels, and 12 dry bulk vessels, as well as 22,700 TEU containership vessels. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.