Nasdaq-listed Greek owner Castor Maritime continues its strong start to 2021, sealing another addition to its fleet.

The cash-rich company has agreed to acquire a Korean-built (2010) Kamsarmax bulker for a price of $14.8m. The identity of the vessel acquired and the seller were not revealed, and broking reports are yet to show a transaction for a matching vessel.

Castor says the vessel is due for delivery during the end of the first quarter of this year, or the beginning of next quarter.

Castor was a pureplay Panamax bulker owner, however earlier this month the company bought its first Kamsarmax and followed up with a second Kamsarmax buy just a few days later. It then went on to acquire its first tankers with the acquisition of a pair of Aframax tankers.