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Castor Maritime CTRM · USD

Industrials · US listing · 🇺🇸 United States

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1.33

-2.21%

Close of 9 Nov 2026, in USD

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About Castor Maritime

Its shares trade under the ticker CTRM. It has been listed since 20 December 2018. In the fiscal year to 31 December 2025, it reported revenue of $81.8m and net income of $19.3m. At that date it held total assets of $797.4m and shareholders' equity of $606.1m.

Castor Maritime, Inc. engages in the provision of shipping transportation services It operates through the following segments: Dry Bulk, Aframax/LR2 Tanker, and Handysize Tanker. The firm is engaged in the ocean transportation of dry bulk cargoes worldwide through the ownership and operation of bulk carrier vessels. The company also aims to increase its fleet through acquisitions of new and modern vessels.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Marine Transportation
Listed since
20 Dec 2018
Head office
CHRISTODOULOU CHATZIPAVLOU 223, LIMASSOL, G4, 3036
Incorporated in
1T
Classification
Deep Sea Foreign Transportation of Freight
Filer status
Non-accelerated filer

Leadership

Pay as last reported

  • Mr. Petros PanagiotidisChairman of the Board, President, Chief Executive Officer, Chief Financial Officer, Treasurer, since 2017
  • Mr. Dionysios MakrisCompany Secretary, Director, since 2017
  • Mr. Georgios DaskalakisIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Castor Maritime operates dry bulk and tanker segments with modern vessels in Limassol, Cyprus.
  • The company's fleet includes Aframax/LR2 Tanker and Handysize Tanker segments for global cargo transport.
  • Castor Maritime's focus on acquiring new vessels supports fleet modernization and growth.

Weaknesses

  • Castor Maritime's operations are limited to shipping transportation services without diversification.
  • The company relies on vessel acquisitions for fleet expansion without mentioning alternative strategies.
  • Castor Maritime's business is concentrated in marine transportation without additional industry segments.

Opportunities

  • Castor Maritime can expand its dry bulk segment through new vessel acquisitions in the global market.
  • The Aframax/LR2 Tanker segment offers potential for increased global tanker services.
  • Handysize Tanker segment growth opportunities exist in emerging shipping markets.

Threats

  • Castor Maritime faces competition from other shipping companies in the marine industry.
  • Global economic downturns could reduce demand for dry bulk and tanker transportation.
  • Regulatory changes in maritime regulations may increase operational costs for the company.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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