CTRM

Castor Maritime

Industrials Marine Shipping NASDAQ

About the company

Castor Maritime Inc. is a renowned global provider of seaborne transportation services, catering to the diverse needs of the dry bulk cargo industry. With their expertise in shipping a wide range of commodities such as iron ore, coal, grain, steel products, fertilizers, cement, bauxite, sugar, and scrap metal, among others, the company has emerged as a prominent player in the maritime logistics sector. Dedicated to meeting the demands of their clients, Castor Maritime excels in delivering efficient and reliable transportation solutions. The company's operations are organized into four reportable segments, each designed to optimize their services for specific cargo types. These segments include Dry bulk, Aframax/LR2 tanker, Handysize tanker, and Container ship. The Dry bulk segment is the primary source of revenue for Castor Maritime Inc., reflecting the company's emphasis on this sector. Dry bulk cargo includes a variety of commodities that are essential to various industries worldwide. Whether it be transporting large quantities of iron ore for steel production or handling significant volumes of coal for energy generation, the company's expertise and extensive fleet allow for seamless and efficient transportation. In addition to the Dry bulk segment, Castor Maritime also operates in the Aframax/LR2 tanker segment. This segment focuses on transporting crude oil, petroleum products, and other liquid cargoes. With their advanced fleet of tankers, the company ensures the safe and timely delivery of these vital resources to destinations around the globe. The Handysize tanker segment is another area of expertise for Castor Maritime. This segment involves the transportation of smaller quantities of liquid cargoes and caters to specific niche markets. The company's fleet of versatile vessels allows them to efficiently handle these unique shipping requirements, providing customized and reliable services to their clients. Furthermore, recognizing the importance of containerized shipping in today's global trade, Castor Maritime operates in the Container ship segment. This segment involves the transportation of a wide range of goods within standardized shipping containers. Leveraging their extensive network and state-of-the-art container ships, the company contributes significantly to the modernization of global supply chains, providing efficient and secure transportation services for various industries. Castor Maritime Inc. prides itself on its commitment to operational excellence, adhering to the highest standards of safety and environmental sustainability. Their experienced crew, combined with rigorous maintenance programs for their vessels, ensures the safe and efficient execution of every transportation project. As the global demand for dry bulk cargo transportation continues to rise, Castor Maritime remains a reliable and innovative partner for industries worldwide. With their comprehensive range of shipping solutions, they contribute significantly to the growth and development of the global economy, connecting producers and consumers across continents.

Website: https://www.castormaritime.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Industrials · 699 peers in sector

Metric CTRM Sector median Vs. industry
P/E 5.39 27.14 ↓ Below average
EPS 0.36 USD 0.32 USD ↑ Above average
Dividend yield 0.00% 0.00%
Profit margin 23.55% 1.68% ↑ Above average
ROE 3.33% 3.83% ↓ Below average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is Castor Maritime?
Castor Maritime Inc. is a renowned global provider of seaborne transportation services, catering to the diverse needs of the dry bulk cargo industry. With their expertise in shipping a wide range of commodities such as iron ore, coal, grain, steel products, fertilizers, cement, bauxite, sugar, and scrap metal, among others, the company has emerged as a prominent player in the maritime logistics sector. Dedicated to meeting the demands of their clients, Castor Maritime excels in delivering efficient and reliable transportation solutions. The company's operations are organized into four reportable segments, each designed to optimize their services for specific cargo types. These segments include Dry bulk, Aframax/LR2 tanker, Handysize tanker, and Container ship. The Dry bulk segment is the primary source of revenue for Castor Maritime Inc., reflecting the company's emphasis on this sector. Dry bulk cargo includes a variety of commodities that are essential to various industries worldwide. Whether it be transporting large quantities of iron ore for steel production or handling significant volumes of coal for energy generation, the company's expertise and extensive fleet allow for seamless and efficient transportation. In addition to the Dry bulk segment, Castor Maritime also operates in the Aframax/LR2 tanker segment. This segment focuses on transporting crude oil, petroleum products, and other liquid cargoes. With their advanced fleet of tankers, the company ensures the safe and timely delivery of these vital resources to destinations around the globe. The Handysize tanker segment is another area of expertise for Castor Maritime. This segment involves the transportation of smaller quantities of liquid cargoes and caters to specific niche markets. The company's fleet of versatile vessels allows them to efficiently handle these unique shipping requirements, providing customized and reliable services to their clients. Furthermore, recognizing the importance of containerized shipping in today's global trade, Castor Maritime operates in the Container ship segment. This segment involves the transportation of a wide range of goods within standardized shipping containers. Leveraging their extensive network and state-of-the-art container ships, the company contributes significantly to the modernization of global supply chains, providing efficient and secure transportation services for various industries. Castor Maritime Inc. prides itself on its commitment to operational excellence, adhering to the highest standards of safety and environmental sustainability. Their experienced crew, combined with rigorous maintenance programs for their vessels, ensures the safe and efficient execution of every transportation project. As the global demand for dry bulk cargo transportation continues to rise, Castor Maritime remains a reliable and innovative partner for industries worldwide. With their comprehensive range of shipping solutions, they contribute significantly to the growth and development of the global economy, connecting producers and consumers across continents.
Are Castor Maritime shares expensive?
The price-to-earnings (P/E) ratio of Castor Maritime is 5.39 — the share price is 5.39 times the annual profit per share. That is lower than the typical company in the same industry (industry median: 27.14). This is information, not a recommendation. (as of 2026-06-02)
How big is Castor Maritime?
The market capitalization of Castor Maritime — the combined value of all its shares — is 18.7 M USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does Castor Maritime pay dividends?
The dividend yield of Castor Maritime is 0.00% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does Castor Maritime belong to?
Castor Maritime operates in the Industrials sector, industry: Marine Shipping.

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