Castor Maritime Inc. Announces Results of its 2026 Annual General Meeting of Shareholders

Castor Maritime shareholders approved board and auditor proposals at the 2026 annual meeting held in Limassol, Cyprus.

Rhea-AI Summary

Castor Maritime (CTRM) held its 2026 Annual General Meeting of Shareholders on September 11, 2026, in Limassol, Cyprus.

Shareholders re-elected Mr. Petros Panagiotidis as Class C Director until the 2029 Annual General Meeting of Shareholders and approved the appointment of Deloitte Certified Public Accountants S.A. as independent auditors for the fiscal year 2026.

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-8.43% vs previous close $2.28 last price 1.4x rel. volume Open Argus

Details

Market Reaction – CTRM

$2.27 $2.38 Day Range

$22.03M Market Cap

Following this news, CTRM has declined 8.43%, reflecting a notable negative market reaction. Our momentum scanner has triggered 11 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $2.28.

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Market Context

The Jul 20 AGM scheduling notice was followed by a -1.52% 24-hour move; that earlier release establi...

Analysis

The Jul 20 AGM scheduling notice was followed by a -1.52% 24-hour move; that earlier release established the meeting logistics, while this announcement reported the approved director re-election and auditor appointment.

Historical Context

1 past event · Latest: Jul 20

1 event

1. Jul 20

   AGM scheduling

   24h Move

   -1.5%

   Previously announced the AGM date, record date, and voting proposals

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LIMASSOL, Cyprus, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping and energy company, announced today that the Company’s 2026 Annual General Meeting of Shareholders (the "Meeting") was duly held on September 11, 2026, 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. Petros Panagiotidis to serve as the Company’s Class C Director until the 2029 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 2026.
   
   

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 operates a wholly or partially owned fleet of 11 vessels, with an aggregate capacity of 0.9 million dwt. Castor is also the majority shareholder of the Frankfurt-listed asset manager MPC Oceanic Group 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:

Investor Relations
Castor Maritime Inc.
Email: ir@castormaritime.com 

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