Castor Maritime Company Overview and Stock Analysis

Castor Maritime is a global shipping company that operates a fleet of dry bulk vessels. The company was founded in 2016.

Castor Maritime is listed on the Nasdaq stock exchange under the ticker symbol CTRM. This makes it a publicly traded company, allowing anyone to buy or sell its shares.

The company's fleet consists of 37 vessels, including Panamax, Capesize, and Supramax dry bulk carriers.

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Castor Maritime's fleet consists of 11 vessels, with a combined capacity of 0.8 million deadweight tons (dwt).

Castor Maritime has a diverse fleet of bulk carriers, with vessels ranging in size from 74930 to 180200 dwt.

The company's fleet includes vessels built between 2004 and 2015, with the majority being built between 2009 and 2012.

Castor Maritime's fleet includes the following vessels:

Castor Maritime has made several fleet acquisitions over the years, expanding its global shipping operations. In 2024, the company acquired the M/V Magic Orion, a 2006-built bulk carrier with a capacity of 180,200 dwt.

The company's fleet has grown significantly since then, with the addition of several vessels. As of 2025, Castor Maritime operates a fleet of 11 vessels with an aggregate capacity of 0.8 million dwt.

Here's a breakdown of the vessels acquired by Castor Maritime:

These acquisitions have enabled Castor Maritime to expand its global shipping operations and increase its fleet capacity.

Castor Maritime's fleet consists of 15 bulk carriers, with the oldest vessel being Magic Orion, built in 2006. The company has a diverse range of ship types, with the majority being Marshall Islands flagged.

The largest vessel in the fleet is Magic Orion, with a DWT of 180,200. The smallest vessel is Magic Vela, with a DWT of 75,003. The average age of the vessels is around 9 years.

Here's a list of the vessels in Castor Maritime's fleet:

Castor Maritime's fleet is primarily used for deep sea freight, with a focus on transporting bulk cargo.

Castor Maritime's revenue in 2024 was $66.24 million, a significant decrease of -32.07% from the previous year's $97.52 million.

The company's earnings also took a hit, decreasing by -8.59% to $33.80 million compared to the previous year.

This decline in revenue and earnings suggests a challenging year for Castor Maritime, but it's essential to consider the company's overall financial performance.

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Castor Maritime's revenue in 2024 was $66.24 million, a significant decrease of -32.07% compared to the previous year.

The company's earnings were also impacted, decreasing by -8.59% to $33.80 million.

Let's take a look at the revenue figures side by side:

The decrease in revenue is a notable trend for Castor Maritime, and it will be interesting to see how the company recovers in future years.

Castor Maritime's share price has been on a downward trend, with a 1 Year Change of -48.51% and a 5 Year Change of -82.75%. This significant decline in value is a major concern for investors.

The current share price of $2.08 is a far cry from the 52 Week High of $4.18, highlighting the substantial drop in value over the past year. In fact, the share price has decreased by 99.59% since the company's IPO.

Here's a summary of Castor Maritime's recent price performance:

The company's price volatility has been relatively stable in the past 3 months, with an average weekly movement of 4.8%, which is lower than the shipping industry average of 6.1% and the market average of 6.5%. This suggests that Castor Maritime's price has been less volatile compared to its peers and the broader market.

Castor Maritime is a leading global owner of vessels, with a fleet of 29 vessels as of 2023.

The company has a strong presence in the global shipping market, with a diverse fleet of dry bulk carriers and tankers.

Castor Maritime is listed on the NASDAQ stock exchange under the ticker symbol CTRM.

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CTRMs underperformed the US Shipping industry, which returned -20.6% over the past year.

The US Shipping industry's performance was not impressive, with a negative return of -20.6% over the past year.

CTRMs also struggled compared to the US Market, which returned 16.7% over the past year.

It's clear that CTRMs have been lagging behind the market, and investors should consider this when making decisions.

The US Market's 16.7% return over the past year is a significant contrast to CTRMs' underperformance.

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Castor Maritime Inc. operates as a shipping and energy company worldwide.

The company offers seaborne transportation services for dry bulk and containership cargoes.

Castor Maritime has a diverse fleet of vessels, primarily consisting of Kamsarmax, Panamax, and other types of ships.

As of December 31, 2024, the company owned and operated a fleet of 13 vessels.

The company operates through three main segments: Dry Bulk, Containership, and Asset Management.

Castor Maritime provides technical and commercial ship management services in addition to its transportation services.

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Castor Maritime Inc. is a diversified global shipping and energy company.

The company is listed on the NASDAQ stock exchange under the ticker symbol CTRM.

In October 2025, Castor Maritime announced the signing of a $50.0 million deal.