M/V Magic Mars has been fixed on a time charter contract at a gross daily charter rate of US$34 600. The charter is expected to commence on or around 24 September 2021, and will have a duration of approximately 75 days.
The company also announces that M/V Magic Argo, a 2009 built Kamsarmax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate of US$33 500. The charter commenced on 14 September 2021, and has a duration of approximately 90 days.
Mr. Petros Panagiotidis, Chief Executive Officer of Castor commented:
“We continue to see strong demand for dry bulk transportation services, as evidenced by our recent employment fixtures at attractive gross daily charter rates.
Our well-timed expansion plans in early 2021 and persistent focus on prompt deliveries of acquired vessels, allow our company to take advantage of this strong market with a dry bulk fleet consisting of 19 vessels on a fully delivered basis.”
