Dry CargoEurope

Castor Maritime seals three new bulker charters

Nasdaq-listed Greek owner Castor Maritime has announced new charters for three of its panamax bulk carriers.

The 2005-built Magic Moon has been fixed on a time charter for around 25 days at a gross daily charter rate of $25,500, while the 2007-built Magic Rainbow has been fixed for a period of around 60 days at a rate of $16,500.

Meanwhile, the 2010-built Magic Horizon has been fixed for a period of around 55 days at a rate of $17,500. The vessel will then head into a new 12- to 15-month charter as previously announced by Castor Maritime earlier this month.

Castor Maritime owns a fleet of 29 vessels made up of 20 bulkers and nine tankers.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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