Cyprus-based Castor Maritime has made another useful profit on a bulker bought during its huge fleet expansion. The Petros Panagiotidis-owned and led company said the 80,000-dwt kamsarmax Magic Twilight (built 2010) has gone to an unnamed third party for $17.5m. VesselsValue assesses the ship as worth $19.5m, down from $23.5m a year ago. The kamsarmax was bought as the Inspiration for a reported $14.8m

Source: Ethiopian News June 16, 2023 08:23 UTC