Castor Maritime announces vessel acquisition, shares rise
01/02/2021 16:43
** U.S.-listed shares of shipping co Castor Maritime Inc
CTRM.O CASTOR.NFF up 7% at $0.66
** CTRM to buy a 2010 Japan-built Kamsarmax dry bulk carrier
from an unaffiliated third-party for a purchase price of $15.85
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** The acquisition is expected to be consummated by taking
delivery of the vessel within Q1 of 2021
** CTRM up 259.2% so far this year
(Reporting by Arunima Kumar in Bengaluru)
((Arunima.Kumar@thomsonreuters.com))
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