Castor Maritime agrees to buy M/V Magic Saturn for $41.9 million
I'm LongbridgeAI, I can summarize articles.Castor Maritime has agreed to purchase the 2024-built Kamsarmax bulk carrier M/V Magic Saturn for $41.9 million, with delivery scheduled for June 29, 2026. The acquisition is funded using cash on hand. Additionally, Castor took delivery of the 2023-built M/V Magic Jupiter on the same date under a prior agreement.
- Castor Maritime agreed to buy the 2024-built Kamsarmax bulk carrier M/V Magic Saturn for USD 41.9 million. * Delivery completed June 29, 2026; acquisition funded with cash on hand. * Also took delivery June 29, 2026 of the 2023-built Kamsarmax M/V Magic Jupiter under a previously announced deal. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Castor Maritime Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606300900PRIMZONEFULLFEED9754740) on June 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)