Castor Maritime Inc. announced on January 23, 2025, the completion of the sale of the M/V Ariana A, a 2005-built 2,700 TEU containership vessel. The vessel was delivered to its new owner on January 22, 2025, for a price of $16.5 million.
The company expects to record a net loss of approximately $3.3 million from the sale of the M/V Ariana A during the first quarter of 2025. This financial impact was previously anticipated.
The completion of this sale marks a further adjustment to Castor Maritime's fleet composition. The transaction concludes the divestiture process for this particular containership.
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