Castor Maritime set to list on Nasdaq

Castor Maritime set to list on Nasdaq

Greek dry bulk owner Castor Maritime has been granted approval to have its common shares listed on the Nasdaq Capital Market.

Castor will begin trading on Monday under the ticker symbol CTRM, while continuing to trade on the Norwegian OTC where it registered last month under the symbol CASTOR.

Founded in September 2017 by chairman and CEO Petros Panagiotidis, Castor has a single vessel in its fleet at the moment, the 2004-built panamax bulker Magic P.

The vessel is managed by Pavimar, a dry bulk shipowning outfit controlled by Panagiotidis’ sister Ismini Panayotides.

In a company presentation, Castor says it intends to acquire additional vessels going forward to be deployed on a mix of time and spot charters.

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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