Limassol-based Castor Maritime has raised more cash by selling a bulker to a member of chief executive Petros Panagiotidis’ family.
The Nasdaq-listed owner said the 80,300-dwt kamsarmax Magic Nebula (built 2010) has gone for $16.2m.
The family member was not named.
Panagiotidis is also Castor’s major shareholder, chairman and chief financial officer.
