Castor Maritime Inc. Announces Results of its 2024 Annual General Meeting of Shareholders

Rhea-AI Summary

Castor Maritime Inc. (NASDAQ: CTRM), a diversified global shipping company, held its 2024 Annual General Meeting of Shareholders on September 6, 2024, in Limassol, Cyprus. The meeting resulted in two key approvals:

1. The re-election of Mr. Georgios Daskalakis as the Company's Class A Director until the 2027 Annual General Meeting.

2. The appointment of Deloitte Certified Public Accountants S.A. as the Company's independent auditors for the fiscal year 2024.

Castor Maritime owns a fleet of 11 vessels with a total capacity of 0.8 million dwt, including three Kamsarmax, five Panamax, one Ultramax dry bulk vessels, and two 2,700 TEU containership vessels.

Positive

• Shareholders approved the re-election of a Class A Director, ensuring continuity in company leadership
• Appointment of Deloitte as independent auditors for 2024, potentially enhancing financial reporting credibility
• Diverse fleet of 11 vessels with 0.8 million dwt capacity, indicating a balanced shipping portfolio

Negative

• None.

LIMASSOL, Cyprus, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that the Company’s 2024 Annual General Meeting of Shareholders (the “Meeting”) was duly held on September 6, 2024, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus.

At the Meeting, the following proposals were approved and adopted:

1. The re-election of Mr. Georgios Daskalakis to serve as the Company’s Class A Director until the 2027 Annual General Meeting of Shareholders;
   
2. The appointment of Deloitte Certified Public Accountants S.A., as the Company’s independent auditors for the fiscal year of 2024.
   

About Castor Maritime Inc.

Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of oceangoing cargo vessels.

Castor owns a fleet of 11 vessels, with an aggregate capacity of 0.8 million dwt, currently consisting of three Kamsarmax dry bulk vessels, five Panamax dry bulk vessels, one Ultramax dry bulk vessel and two 2,700 TEU containership vessels.

For more information please visit the Company’s website at www.castormaritime.com. Information on our website does not constitute a part of this press release.

CONTACT DETAILS

For further information please contact:

Petros Panagiotidis
Castor Maritime Inc.
Email: ir@castormaritime.com 

Media Contact:
Kevin Karlis
Capital Link
Email: castormaritime@capitallink.com 

FAQ

What were the main outcomes of Castor Maritime's (CTRM) 2024 Annual General Meeting?

The main outcomes were the re-election of Georgios Daskalakis as Class A Director until 2027 and the appointment of Deloitte Certified Public Accountants S.A. as independent auditors for the fiscal year 2024.

How many vessels does Castor Maritime (CTRM) currently own in its fleet?

Castor Maritime (CTRM) currently owns a fleet of 11 vessels with an aggregate capacity of 0.8 million dwt.

What types of vessels are included in Castor Maritime's (CTRM) fleet as of September 2024?

Castor Maritime's (CTRM) fleet includes three Kamsarmax dry bulk vessels, five Panamax dry bulk vessels, one Ultramax dry bulk vessel, and two 2,700 TEU containership vessels.

When and where was Castor Maritime's (CTRM) 2024 Annual General Meeting held?

Castor Maritime's (CTRM) 2024 Annual General Meeting was held on September 6, 2024, at 6:00 p.m. local time in Limassol, Cyprus.