Castor Maritime Inc. Reports $10.2 Million Vessel Revenues and $6.3 Million Net Income for Q2 2025
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Castor Maritime Inc. reported Q2 2025 vessel revenues of $10.2 million and a net income of $6.34 million, down from $22.85 million in Q2 2024. For the first half of 2025, the company faced a net loss of $17.01 million, contrasting with a net income of $45.19 million in the same period last year. The company is pursuing a fleet renewal strategy, selling older vessels. Adjusted EBITDA and net income metrics were also discussed, highlighting differences in computation methods.
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