Panagiotidis family member picks up Castor bulker pair

Cyprus-based owner Castor Maritime has sold two of its 2010-built panamax bulk carriers to family members of its chairman and CEO, Petros Panagiotidis. The Nasdaq-listed outfit is shipping out the 78,800 dwt Magic Nova for $16.1m and the 76,600 dwt Magic Horizon for $15.8m after buying the vessels for a reported $13.86m and $12.75m, respectively, …

splash247