Castor Maritime Inc. has announced the sale and leaseback of the M/V Magic Perseus, a 2013-built Kamsarmax bulk carrier, with a Japanese counterparty. The bareboat financing totals $15.6 million with an eleven-year duration, including a put option for the counterparty at the end of year eight and a purchase option for Castor Maritime beginning at the end of the second year. The transaction is expected to conclude in January 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Castor Maritime Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9619745) on January 05, 2026, and is solely responsible for the information contained therein.
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