 LIMASSOL, Cyprus, Aug. 26, 2021 GLOBE NEWSWIRE -- Castor Maritime Inc. NASDAQ: CTRM, Castor, or the Company, a diversified global shipping company, announces that it entered, through a separate wholly-owned subsidiary, into an agreement to acquire a 2008 Japanese-built Panamax dry bulk carrier from an unaffiliated third-party for a purchase price of 18.75 million. The acquisition is expected to be concluded by taking delivery of the vessel in the fourth quarter of this year and is subject to the satisfaction of certain customary closing conditions. 