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Operating Days
Number of days Castor Maritime’s vessels were in active service and able to earn revenue. Higher operating days mean more opportunities to generate cash and spread fixed costs; lower operating days signal downtime from maintenance, off‑hire events, or charter gaps that reduce revenue and hurt margins.A steady multi-quarter decline in operating days since early‑2023, interrupted only by a short late‑2024 uptick, points to lower fleet utilization or a purposeful shrinkage (sales, layups or delivery timing) rather than a sustained market recovery. That pattern pressures voyage revenue and cash generation unless management secures longer time charters or adds productive tonnage; the brief rebound appears tactical/seasonal, so monitor fleet changes, charter coverage and freight rates for signs of a durable turnaround.
Date | Operating Days |
|---|---|
Mar 31, 2026 | 740.00 |
Dec 31, 2025 | 826.00 |
Sep 30, 2025 | 785.00 |
Jun 30, 2025 | 822.00 |
Mar 31, 2025 | 1.06K |
Dec 31, 2024 | 1.18K |
Sep 30, 2024 | 929.00 |
Jun 30, 2024 | 1.06K |
Mar 31, 2024 | 1.44K |
Dec 31, 2023 | 1.72K |