Benzinga | Jul 30, 2021 09:02AM EDT

Castor Maritime Announces New Charter Agreement At Daily Gross Charter Rate Of $39,500

Castor Maritime Inc. (NASDAQ:CTRM), ("Castor", or the "Company") a diversified global shipping company, announces that the M/V Magic Orion, a 2006 built Capesize dry bulk carrier, following completion of its current employment contract, has been fixed on a time charter contract earning a daily gross charter rate of $39,500, expected to commence on August 3, 2021, with a term of about 45 days.