Castor Maritime (NASDAQ:CTRM) is an international shipping company primarily engaged in the acquisition and operation of dry bulk carriers. The company’s fleet transports a wide range of commodities, including coal, iron ore, grains and cement, across major trade routes worldwide. By offering both time and voyage charter services, Castor Maritime provides flexible shipping solutions to industrial and trading companies in the agricultural, mining and construction sectors.
Headquartered in Limassol, Cyprus, with representative offices in London and New York, Castor Maritime serves customers in Asia, Europe, the Americas and Africa. Its vessels routinely navigate the Atlantic, Pacific and Indian Oceans, connecting production regions with consumption markets. The company leverages global port networks and established relationships with charterers to optimize voyage planning and minimize ballast legs.
Founded in 2016, Castor Maritime completed its initial public offering on the Nasdaq Stock Market under the ticker symbol CTRM in 2019. Since inception, the company has grown its fleet through a combination of newbuilding contracts and secondhand vessel acquisitions. Emphasizing operational efficiency, Castor Maritime employs a centralized technical management team and partners with experienced ship managers to ensure compliance with international safety and environmental regulations.
Leadership at Castor Maritime includes Chief Executive Officer Polys Haji-Ioannou, who brings over two decades of maritime industry expertise, and a board of directors with backgrounds in shipping finance, operations and corporate governance. The company continues to pursue selective fleet expansion, strategic alliances and digital initiatives aimed at enhancing performance, cost control and sustainability in the evolving dry bulk market.
