Castor Maritime Procures Panamax Dry Bulk Carrier For $12.75 Million themarketsignal.com/Free-Report/CTRM Castor Maritime Inc. (NASDAQ:CTRM) appears to be a bullish stock with a RSI of 24.40. The company, on July 30 signed an agreement for procuring second-hand bulk carrier for a price of $12.75 million. This is the panamax dry bulk carrier, 2010 model, built in Japan. This bulk carrier will be procured by Castor by Q3-2020 end or by the beginning of Q4-2020. Earlier, the company had raised funds, stating that net proceeds generated from share sale will be used for vessel acquisition. Castor Maritime is moving ahead in line with its renewal and expansion plan that was pre-decided in 2019.