Castor Maritime (CTRM)
Charters cargo vessels and manages maritime and energy-infrastructure assets.
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Sells ocean cargo capacity through time-chartered dry-bulk carriers and containerships, while majority-held MPC Capital earns management and transaction fees from maritime and energy-infrastructure projects. The business combines vessel ownership with a Germany-centered asset-management platform under founder control.
Owns and charters dry-bulk carriers and containerships for worldwide seaborne cargo transport, earning vessel revenue primarily from time-charter contracts that can be fixed-rate or index-linked. Its vessel activity is run from Limassol through related-party manager Castor Ships, which provides commercial and technical fleet management.
Adds a majority-held MPC Capital platform, based principally in Germany, that generates fees from transaction, company and asset-management, and ship-management services across maritime and energy-infrastructure projects. Operations combine asset ownership with service fees and exposure to associated investments. Charter revenue remains dependent on freight markets, a small group of charterers, vessel availability and maritime operating requirements, while the asset-management business depends on project origination, clients, personnel and managed assets. Founder Petros Panagiotidis retains voting control through affiliated preferred shares.
Company facts
Categories
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Mar 31, 2026Cash & short-term investments $211.7M · Total debt $68.7M · Total assets $893.0M · Shareholders' equity $646.9M
- Revenue
- $21.3M
- Operating income
- $2.2M
- Net income
- $47.0M
No dividends on record.
| Institutions21 holders · as of Mar 31, 2026 | 3.87% | 374.3K ADS | |
| Insiders1 holder · as of Mar 18, 2026 | 0.01% | 1.1K ADS | |
| Otherremainder | 96.12% | 9.29M ADS |
9.66M ADS (1 ADS = 10 ordinary shares) as of Aug 28, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
The share count is from the company's Dec 2022 annual report; nothing newer is on file here.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Towerview LLCInstitution | 2.48% | 240,000 ADS | 13Fas of Mar 31, 2026 |
Renaissance Technologies LLCInstitution | 0.76% | 73,869 ADS | 13Fas of Mar 31, 2026 |
Goldman Sachs Group IncInstitution | 0.22% | 21,081 ADS | 13Fas of Mar 31, 2026 |
Apriem AdvisorsInstitution | 0.20% | 19,000 ADS | 13Fas of Mar 31, 2026 |
Centiva Capital, LPInstitution | 0.11% | 11,089 ADS | 13Fas of Mar 31, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings
Insider tradesForm 4
Nothing filed in the last 12 months.
- Star Bulk Carriers
Large-scale dry-bulk chartering overlap across global commodity cargoes.
- Navios Maritime Partners
Broad dry-bulk and containership chartering overlap at much larger scale.
- Brookfield Asset Management
Global infrastructure and energy-transition asset manager competing for capital.
- Globus Maritime
Kamsarmax and Ultramax dry-bulk chartering overlap on global routes.
- EuroDry
Mid-size dry-bulk vessel ownership and chartering overlap worldwide.
- Global Ship Lease
Containership leasing overlap with liner-company charter customers.
- Euroseas
Feeder containership chartering overlap in the smaller-vessel market.
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Castor Maritime | $2.29 | −0.43% | $22.1M | 1.8 | — | 0.3 | +10.9% |
| Star Bulk Carriers | $32.00 | +0.63% | $3.55B | 12.5 | 7.1 | 3.0 | +15.0% |
| Navios Maritime Partners | $91.39 | 0.00% | $2.60B | 6.0 | 5.0 | 1.8 | +25.2% |
| Brookfield Asset Management | $50.00 | +0.64% | $79.31B | 28.9 | 24.5 | 14.7 | +58.7% |
| Globus Maritime | $3.82 | 0.00% | $82.4M | 12.1 | — | 1.6 | +53.2% |
| EuroDry | $56.18 | +0.32% | $161.9M | 16.9 | 9.5 | 2.6 | +56.9% |
| Global Ship Lease | $45.30 | +0.35% | $1.62B | 4.4 | 4.8 | 2.1 | +3.6% |
| Euroseas | $76.99 | +0.34% | $544.0M | 4.0 | 4.8 | 2.4 | — |
| Median | 12.1 | 6.0 | 2.4 | +39.2% |