Tag Archives: Castor

Castor Maritime Inc. LIMASSOL, Cyprus, April 18, 2022 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that: The M/V Magic Moon, a 2005 built Panamax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate of $25,500. The charter commenced on April 7, 2022, and has a duration of about 25 days. The M/V Magic Rainbow, a 2007 built Panamax dry bulk carrier, has been… Source link

Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much debt can sink a company. Importantly, Castor Maritime Inc. (NASDAQ:CTRM) does carry debt. But the real question is whether this debt is making the company risky. When Is Debt Dangerous? Generally speaking, debt only becomes a real problem when a company can’t easily pay it off, either by raising… Source link

The father of a teenage backpacker who mysteriously vanished in regional Victoria more than a decade ago has died after years of tirelessly searching for clues into his son’s disappearance. Rolf Castor’s son Max went missing in April 2005, five months after he arrived in Australia from Sweden at the tender age of 19. His son’s disappearance without a trace prompted a personal mission from the father, who spent the next 15 years ensuring no stone went unturned. “He never gave up hope of… Source link