Reports Q4 revenue $26.4M vs. $31.3M last year. Petros Panagiotidis, Chairman, Chief Executive Officer and Chief Financial Officer of Castor commented: “In 2023 we once more generated positive operating cash flows despite a weaker dry cargo market compared to 2022. In the fourth quarter of 2023 we continued with the disposition of certain of our older dry cargo vessels in order to improve the profile of our fleet. We enjoy a strong balance sheet and we remain committed to our growth trajectory by seeking further opportunities in the shipping space, including opportunities to modernize our fleet.”
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