Castor Maritime has bettered its half-year bottom line amid a first-quarter New York debut.

The Petros Panagiotidis-led company reported a $0.33m income versus a $0.17m profit during the first six months of 2018.

Revenue came in at $2.04m, up from $1.7m, on the back of slightly higher average charter rates of $10,843.

Voyage costs fell to $902,061 from $955,725, helping operating income improve to $317,804 from $172,759.