Castor Maritime to list on Nasdaq

Greek dry bulk operator Castor Maritime announced that it has gained approval for listing on the Nasdaq Capital Market.

Castor Maritime’s common shares will trade under the ticker symbol CTRM on Nasdaq on 11 February 2019, while the company’s common shares will continue to trade on the Norwegian OTC under the ticker symbol CASTOR.

Founded in September 2017, Castor Maritime owns a single 76,450-dwt dry bulk vessel named Magic P, built in 2004.

The company stated that its goal is to grow its fleet through acquisitions of new and modern vessels.

Read more: More scrapping needed for dry bulk: Precious Shipping

Posted 08 February 2019

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Lee Hong Liang

Asia Correspondent

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