Castor Maritime announces that on January 16, 2024, it completed the previously announced sale of the M/V Magic Moon a 2005-built Panamax bulk carrier vessel, for a price of $11.8 million, by delivering the vessel to its new owner. The Company expects to record a net gain of approximately $3.0 million from the above-mentioned sale, excluding any transaction-related costs during the first quarter of 2024.
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