# Castor Maritime (CTRM) — News

CTRM · NASDAQ · Stock

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## Recent headlines

- [Mermaid Maritime PCL - Establishment of joint venture company in Nigeria](https://www.ainvest.com/news/mermaid-maritime-pcl-establishment-joint-venture-company-nigeria-2609) — AInvest Wire, Sep 28, 2026
  Mermaid Maritime PCL (SET: MMD) has announced the establishment of a joint venture company in Nigeria, marking its first strategic expansion into the West African maritime sector. The venture, formed in partnership with a local Nigerian logistics firm, will focus on maritime transportation and port…
- [Castor Maritime Inc. reports net income of $26.8 million for the three months ended June 30, 2026, and $96.0 million for the six months ended June 30, 2026](https://www.ainvest.com/news/castor-maritime-reports-net-income-26-8-million-months-ended-june-30-2026-96-0-million-months-ended-june-30-2026-2609) — AInvest Wire, Sep 14, 2026
- [Castor Maritime - funds both vessel acquisitions with cash on hand](https://www.ainvest.com/news/castor-maritime-funds-vessel-acquisitions-cash-hand-2606) — AInvest Wire, Jun 30, 2026
- [Castor Maritime - to buy M/V Magic Saturn for $41.9 mln](https://www.ainvest.com/news/castor-maritime-buy-magic-saturn-41-9-mln-2606) — AInvest Wire, Jun 30, 2026
- [Castor Maritime Inc. announces vessel acquisition and the delivery of M/V Magic Jupiter](https://www.ainvest.com/news/castor-maritime-announces-vessel-acquisition-delivery-magic-jupiter-2606) — AInvest Wire, Jun 30, 2026
  Castor Maritime Inc. (NASDAQ: CTRM) announced on October 9, 2024, the delivery of the M/V Magic Ariel, a 2020-built Kamsarmax bulk carrier vessel . The acquisition was financed entirely with cash on hand, aligning with the company’s strategy to strengthen its fleet without increasing debt. The…

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