Castor Maritime Inc. (NASDAQ: CTRM), (Castor), a diversified global shipping company, announces that: The M/V Magic Orion, a 2006 built Capesize dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate of $73,000. 

Castor Maritime Inc. Announces New Charter Agreements
Caption: Bulk carrier Magic Orion ( ex Ocean Compass) - Image courtesy of Cengiz Tokgöz

The charter is expected to commence on or around October 8, 2021, and will have a duration of about 45 days. 

The M/V Magic Eclipse, a 2011 built Panamax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate of $28,500. 

The charter commenced on September 14, 2021, and has a minimum duration of eight months and a maximum duration of ten months (+/- 15 days) at the charterer’s option.

Source: Castor Maritime