Nasdaq-listed Castor Maritime has returned to the secondhand sale and purchase market with a deal to acquire an aframax LR2 tanker, while also securing employment for two of its bulk carriers.
The Cyprus-based firm is adding a 2006 Korean-built tanker for $18.15m. The vessel should deliver this month with a three-month charter attached, at a daily rate of $15,000 and a 50% profit-sharing arrangement over such level, based on a predetermined formula.
Meanwhile, the 2010-built kamsarmax Magic Twilight has been fixed on a time charter contract at $19,000 per day. The charter commenced on November 29, 2021, and has a duration of about 45 days.
Furthermore, the 2005-built panamax Magic Moon has been fixed for 60 days on a time charter contract at $17,500 per day. The charter commenced on December 3.
The latest purchase will take Castor’s fleet to 28 ships, including one capesize, seven kamsarmaxes, eleven panamaxes and nine tankers.