Castor Maritime Inc. Reports Net Income of $69.2 Million for the Three Months Ended March 31, 2026
Castor Maritime Inc. announced a strong financial performance for Q1 2026, reporting net income of $69.2 million compared to a loss of $23.3 million in Q1 2025. The increase is attributed to higher vessel charter rates, improved market conditions in dry bulk and containership sectors, gains from its equity portfolio, and successful sale-and-leaseba…