Castor sells bulker to Panagiotidis family member for $16.2m

Cyprus-based bulker and boxship owner Castor Maritime has sold one of its bulkers for a price of $16.2m. Castor Maritime entered into an agreement to sell the 2010-built kamsarmax bulk carrier to an entity beneficially owned by a family member of Petros Panagiotidis, the company’s chairman, CEO, and CFO. The company has already sold vessels …

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