Castor Maritime, once a serial buyer of bulkers that has turned into a serial seller, is believed to have offloaded its only capesize amid an improving seller’s market for such ships.
US brokers reported that the Nasdaq-listed company has agreed to divest the 180,200-dwt Magic Orion (built 2006) to unidentified buyers for $17.8m.
Managers at the Petros Panagiotidis-controlled company did not immediately respond to a request for comment.
