Castor Maritime confirms move towards capesize market exit

Cyprus-based bulker and boxship owner Castor Maritime has confirmed its exit from the capesize segment after offloading its 2006-built Magic Orion, a deal earlier reported by Splash. The Nasdaq-listed outfit controlled by Petros Panagiotidis said it plans to close the sale of the Imabari-built 180,200 dwt ship by the end of the first quarter of …

splash247