Port News

Castor Maritime snaps up its third boxship

Cyprus-based Nasdaq-listed bulker and boxship owner Castor Maritime is bolstering its fleet with a secondhand 1.850 teu vessel worth $16.49m. The Petros Panagiotidis-led company said the unnamed 2009-built boxship would deliver by October this year and go on a 4-month charter at $29,000 per day. Castor will finance the deal with an unaffiliated third party …

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