Castor Maritime has sold two more bulkers as it plots the next phase of its operations.
The Nasdaq-listed, Cyprus-based company said it had struck two separate agreements with entities beneficially owned by a family member of controlling shareholder and chief executive Petros Panagiotidis.
The 74,900-dwt panamaxes Magic Eclipse (built 2011) and Magic Callisto (built 2012) have gone for a combined $28m.
