Castor Maritime Inc. Announces Results of its 2022 Annual General Meeting of Shareholders
December 16 2022 - 4:05PM
Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the
“Company”), a diversified global shipping company, announced today
that the Company’s 2022 Annual General Meeting of Shareholders (the
"Meeting") was duly held on December 15, 2022, at 6:00 p.m., local
time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal
Gardens, 3036 Limassol, Cyprus.
At the Meeting, the following proposals were
approved and adopted:
- The re-election of Mr. Dionysios
Makris to serve as the Company’s Class B Director until the 2025
Annual General Meeting of Shareholders; and
- The appointment of Deloitte
Certified Public Accountants S.A., as the Company’s independent
auditors for the fiscal year of 2022.
About Castor Maritime Inc.
Castor Maritime Inc. is an international
provider of shipping transportation services through its ownership
of oceangoing cargo vessels.
Castor owns a fleet of 30 vessels, with an
aggregate capacity of 2.5 million dwt, consisting of 1 Capesize, 7
Kamsarmax and 12 Panamax dry bulk vessels, 1 Aframax, 5
Aframax/LR2, 2 Handysize tankers and 2 2,700 TEU containership
vessels.
For more information please visit the Company’s
website at www.castormaritime.com. Information on our website does
not constitute a part of this press release.
Cautionary Statement Regarding
Forward-Looking Statements
Matters discussed in this press release may
constitute forward-looking statements. We intend such
forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements contained in Section 27A
of the Securities Act of 1933, as amended (the “Securities Act”)
and Section 21E of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”). Forward-looking statements include statements
concerning plans, objectives, goals, strategies, future events or
performance, and underlying assumptions and other statements, which
are other than statements of historical facts. We are including
this cautionary statement in connection with this safe harbor
legislation. The words “believe”, “anticipate”, “intend”,
“estimate”, “forecast”, “project”, “plan”, “potential”, “will”,
“may”, “should”, “expect”, “pending” and similar expressions
identify forward-looking statements. The forward-looking statements
in this press release are based upon various assumptions, many of
which are based, in turn, upon further assumptions, including
without limitation, our management’s examination of historical
operating trends, data contained in our records and other data
available from third parties. Although we believe that these
assumptions were reasonable when made, because these assumptions
are inherently subject to significant uncertainties and
contingencies which are difficult or impossible to predict and are
beyond our control, we cannot assure you that we will achieve or
accomplish these forward-looking statements, including these
expectations, beliefs or projections. We undertake no obligation to
update any forward-looking statement, whether as a result of new
information, future events or otherwise. In addition to these
important factors, other important factors that, in our view, could
cause actual results to differ materially from those discussed in
the forward‐looking statements include the effects of the proposed
spin-off transaction or any similar transaction, our business
strategy, dry bulk and tanker market conditions and trends, the
rapid growth of our fleet, our relationships with our current and
future service providers and customers, our ability to borrow under
existing or future debt agreements or to refinance our debt on
favorable terms and our ability to comply with the covenants
contained therein, our continued ability to enter into time or
voyage charters with existing and new customers and to re-charter
our vessels upon the expiry of the existing charters, changes in
our operating and capitalized expenses, our ability to fund future
capital expenditures and investments in the acquisition and
refurbishment of our vessels, instances of off-hire, future sales
of our securities in the public market and our ability to maintain
compliance with applicable listing standards, volatility in our
share price, potential conflicts of interest involving members of
our board of directors, senior management and certain of our
service providers that are related parties, general domestic and
international political conditions or events (including “trade
wars”, global public health threats and major outbreaks of
disease), changes in seaborne and other transportation, changes in
governmental rules and regulations or actions taken by regulatory
authorities, and the impact of adverse weather and natural
disasters. Please see our filings with the Securities and Exchange
Commission for a more complete discussion of these and other risks
and uncertainties. The information set forth herein speaks only as
of the date hereof, and we disclaim any intention or obligation to
update any forward‐looking statements as a result of developments
occurring after the date of this communication.
CONTACT DETAILS
For further information please contact:
Petros PanagiotidisCastor Maritime Inc. Email:
ir@castormaritime.com
Media Contact: Kevin Karlis Capital LinkEmail:
castormaritime@capitallink.com
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