Castor Maritime, under the leadership of Petros Panagiotidis, has acquired a majority stake in MPC Capital, purchasing 74.09% of the shares for EUR 182.8 million ($192.6 million). MPC Capital is an investment and asset manager specializing in maritime and energy infrastructure projects. This acquisition aligns with Castor’s strategy to diversify its business and grow its presence in the shipping and energy sectors.

New Direct Shipping Route Boosts Trade Between China and Southeast Africa New Direct Shipping Route Boosts Trade Between China and Southeast Africa

Currently, Castor Maritime owns a fleet of 13 vessels, including a mix of dry bulk carriers and container ships.

Editor: Kemal Can Kayar