Castor Maritime announced that on March 23, 2023, it entered into an agreement to sell a 2005-built Panamax bulk carrier to an undisclosed buyer for $13.95 million.
The vessel, Magic Moon, is expected to be delivered to its new owner during the third quarter of 2023.
Castor Maritime said it expects to record during the third quarter of 2023 a net gain of $5.3 million on the sale, excluding transaction related costs.
This week at MarineLink…Two reports released this week, one on the upscaling of green hydrogen production, the other on upscaling CCUS…
The river Mosel in western Germany, an important route for grains and rapeseed shipments, has been closed to inland waterways…
DP World is trialing an innovative carbon reduction program at its UK logistics hubs, London Gateway and Southampton, aimed…
HII’s Ingalls Shipbuilding division and the U.S. Department of Labor’s Job Corps program, partnered to host a two-day recruiting…
Hapag-Lloyd reduces emissions & costs through Shipshave’s ITCH solution, confirmed by DNV
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For the first time ever, Military Sealift Command is hosting a virtual job fair to reach US Citizens in the Philippines who are interested in a maritime career.
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