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Castor Maritime Inc. Announces Results of its 2025 Annual General Meeting of Shareholders

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Castor Maritime Inc. (NASDAQ: CTRM), a diversified global shipping and energy company, held its 2025 Annual General Meeting of Shareholders on September 12, 2025, in Limassol, Cyprus. The shareholders approved two key proposals: the re-election of Mr. Dionysios Makris as Class B Director until 2028 and the appointment of Deloitte Certified Public Accountants S.A. as independent auditors for fiscal year 2025.

The company currently operates a fleet of 9 vessels with a total capacity of 0.6 million dwt and holds a majority stake in Frankfurt-listed asset manager MPC Münchmeyer Petersen Capital AG.

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News Market Reaction 7 Alerts

+2.77% News Effect
+21.7% Peak in 9 hr 49 min
+$583K Valuation Impact
$22M Market Cap
3.5x Rel. Volume

On the day this news was published, CTRM gained 2.77%, reflecting a moderate positive market reaction. Argus tracked a peak move of +21.7% during that session. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $583K to the company's valuation, bringing the market cap to $22M at that time. Trading volume was very high at 3.5x the daily average, suggesting strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

LIMASSOL, Cyprus, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping and energy company, announced today that the Company’s 2025 Annual General Meeting of Shareholders (the "Meeting") was duly held on September 12, 2025, 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. Dionysios Makris to serve as the Company’s Class B Director until the 2028 Annual General Meeting of Shareholders; and
  2. The appointment of Deloitte Certified Public Accountants S.A., as the Company’s independent auditors for the fiscal year of 2025.

About Castor Maritime Inc.

Castor Maritime Inc. is a diversified global shipping and energy company, with activities directly and indirectly in asset management, vessel ownership, technical and commercial ship management and energy infrastructure projects.

Castor’s fleet comprises 9 vessels, with an aggregate capacity of 0.6 million dwt. Castor is also the majority shareholder of the Frankfurt-listed asset manager MPC Münchmeyer Petersen Capital AG.

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 key decisions made at Castor Maritime's (NASDAQ: CTRM) 2025 Annual General Meeting?

Two key decisions were approved: the re-election of Mr. Dionysios Makris as Class B Director until 2028 and the appointment of Deloitte as independent auditors for fiscal year 2025.

Who is Castor Maritime's (CTRM) newly re-elected Class B Director?

Mr. Dionysios Makris was re-elected as Class B Director, and will serve until the 2028 Annual General Meeting of Shareholders.

What is the current fleet size of Castor Maritime (CTRM)?

Castor Maritime operates a fleet of 9 vessels with a total capacity of 0.6 million dwt.

Who are Castor Maritime's (CTRM) independent auditors for 2025?

Deloitte Certified Public Accountants S.A. was appointed as the company's independent auditors for the fiscal year 2025.
Castor Maritime Inc

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