<SEC-DOCUMENT>0001140361-25-016650.txt : 20250430
<SEC-HEADER>0001140361-25-016650.hdr.sgml : 20250430
<ACCEPTANCE-DATETIME>20250430160711
ACCESSION NUMBER:		0001140361-25-016650
CONFORMED SUBMISSION TYPE:	NT 20-F
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20241231
FILED AS OF DATE:		20250430
DATE AS OF CHANGE:		20250430
EFFECTIVENESS DATE:		20250430

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Castor Maritime Inc.
		CENTRAL INDEX KEY:			0001720161
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000
		STATE OF INCORPORATION:			1T
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NT 20-F
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38802
		FILM NUMBER:		25895025

	BUSINESS ADDRESS:	
		STREET 1:		CHRISTODOULOU CHATZIPAVLOU 223
		STREET 2:		HAWAII ROYAL GARDENS, APART. 16
		CITY:			LIMASSOL
		STATE:			G4
		ZIP:			3036
		BUSINESS PHONE:		357 25357767

	MAIL ADDRESS:	
		STREET 1:		CHRISTODOULOU CHATZIPAVLOU 223
		STREET 2:		HAWAII ROYAL GARDENS, APART. 16
		CITY:			LIMASSOL
		STATE:			G4
		ZIP:			3036
</SEC-HEADER>
<DOCUMENT>
<TYPE>NT 20-F
<SEQUENCE>1
<FILENAME>ef20048245_nt20f.htm
<DESCRIPTION>NT 20-F
<TEXT>
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    <div style="text-align: center; color: rgb(0, 0, 0); font-size: 14pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-size: 12pt; font-weight: bold;">Washington, DC 20549</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-size: 18pt; font-weight: bold;">FORM 12b-25</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">NOTIFICATION OF LATE FILING</div>
    <div>&#160;</div>
    <div>
      <div style="text-align: right; color: #000000;">SEC File Number: 001-38802</div>
    </div>
    <div>
      <div style="text-align: right; color: #000000;">CUSIP Number: Y1146L 208</div>
      <div><br>
      </div>
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          <td style="width: 14%; vertical-align: top;">
            <div style="text-align: right; color: rgb(0, 0, 0); font-style: italic;">(Check One):</div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;"><br>
          </td>
          <td colspan="3" style="vertical-align: bottom;">
            <div style="color: #000000;">&#9744; Form 10-K &#9746; Form 20-F &#9744; Form 11-K &#9744; Form 10-Q</div>
            <div style="color: #000000;">&#9744; Form 10-D &#9744; Form N-CEN &#9744; Form N-CSR</div>
          </td>
        </tr>
        <tr>
          <td style="width: 14%; vertical-align: middle;">&#160;</td>
          <td colspan="1" style="vertical-align: middle; width: 1%;"><br>
          </td>
          <td colspan="3" style="vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 14%; vertical-align: middle; padding-bottom: 2px;">&#160;</td>
          <td style="width: 1%; vertical-align: bottom; padding-bottom: 2px;" colspan="1"><br>
          </td>
          <td style="width: 13%; vertical-align: bottom; padding-bottom: 2px;">
            <div style="color: rgb(0, 0, 0);">For Period Ended:<br>
            </div>
          </td>
          <td style="width: 14%; vertical-align: bottom; text-align: center; border-bottom: 2px solid rgb(0, 0, 0);">December 31, 2024</td>
          <td style="width: 58%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 14%; vertical-align: middle;">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;"><br>
          </td>
          <td colspan="3" style="vertical-align: bottom;">
            <div style="color: #000000;">&#9744; Transition Report on Form 10-K</div>
          </td>
        </tr>
        <tr>
          <td style="width: 14%; vertical-align: middle;">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;"><br>
          </td>
          <td colspan="3" style="vertical-align: bottom;">
            <div style="color: #000000;">&#9744; Transition Report on Form 20-F</div>
          </td>
        </tr>
        <tr>
          <td style="width: 14%; vertical-align: middle;">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;"><br>
          </td>
          <td colspan="3" style="vertical-align: bottom;">
            <div style="color: #000000;">&#9744; Transition Report on Form 11-K</div>
          </td>
        </tr>
        <tr>
          <td style="width: 14%; vertical-align: middle;">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;"><br>
          </td>
          <td colspan="3" style="vertical-align: bottom;">
            <div style="color: #000000;">&#9744; Transition Report on Form 10-Q</div>
          </td>
        </tr>
        <tr>
          <td style="width: 14%; vertical-align: middle;">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;"><br>
          </td>
          <td colspan="3" style="vertical-align: bottom;">
            <div style="color: rgb(0, 0, 0);">For the Transition Period Ended:</div>
          </td>
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        <tr>
          <td style="width: 100%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
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        <tr>
          <td style="width: 100%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="color: #000000;">If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: <u>&#160; &#160;&#160; Not Applicable</u></div>
    <div><br>
    </div>
    <div style="color: #000000; font-weight: bold;">PART I &#8211; REGISTRANT INFORMATION</div>
    <div><br>
    </div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-size: 24pt; font-weight: bold;">CASTOR MARITIME INC.</div>
    <div style="text-align: center; color: #000000;">Full Name of Registrant</div>
    <div><br>
    </div>
    <div style="text-align: center; color: #000000; font-weight: bold;">N/A</div>
    <div style="text-align: center; color: #000000;">Former Name if Applicable</div>
    <div>
      <div><br>
      </div>
    </div>
    <div style="text-align: center; color: #000000; font-weight: bold;">223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens</div>
    <div style="text-align: center; color: #000000;">Address of Principal Executive Office (Street and Number)</div>
    <div>
      <div><br>
      </div>
    </div>
    <div style="text-align: center; color: #000000; font-weight: bold;">3036 Limassol, Cyprus</div>
    <div style="text-align: center; color: #000000;">City, State and Zip Code</div>
    <div><br>
    </div>
    <div>
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    <div style="color: #000000; font-weight: bold;">PART II &#8211; RULES 12b-25(b) AND (c)</div>
    <div>&#160;</div>
    <div style="text-align: justify; color: #000000;">If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)</div>
    <div>&#160;</div>
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          <td rowspan="1" style="width: 92%; vertical-align: middle;">&#160;</td>
        </tr>
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            <div style="color: rgb(0, 0, 0);">&#9746;</div>
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          <td style="width: 4%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; color: #000000;">(a)</div>
          </td>
          <td style="width: 92%; vertical-align: middle;">
            <div>
              <div style="text-align: justify; margin-left: 0.2pt; color: #000000;">The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;</div>
            </div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 4%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td rowspan="1" style="width: 92%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 4%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; color: rgb(0, 0, 0);">(b)</div>
          </td>
          <td style="width: 92%; vertical-align: middle;">
            <div>
              <div style="text-align: justify; margin-left: 0.2pt; color: #000000;">The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or
                before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth
                calendar day following the prescribed due date; and</div>
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        </tr>
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          <td rowspan="1" style="width: 4%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
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        </tr>
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          <td style="width: 4%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; color: rgb(0, 0, 0);">(c)</div>
          </td>
          <td style="width: 92%; vertical-align: middle;">
            <div>
              <div style="text-align: justify; margin-left: 0.2pt; color: #000000;">The accountant&#8217;s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.</div>
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    <div style="color: #000000; font-weight: bold;">PART III &#8211; NARRATIVE</div>
    <div>&#160;</div>
    <div style="text-align: justify; color: #000000;">State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.</div>
    <div>&#160;</div>
    <div style="text-align: justify; color: #000000;">Castor Maritime Inc. (the &#8220;Company&#8221;) has determined that it is unable to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2024 by the prescribed due date without unreasonable
      effort or expense.</div>
    <div>&#160;</div>
    <div style="text-align: justify; color: #000000;">As disclosed the Company&#8217;s report on Form 6-K furnished to the Securities and Exchange Commission on December 17, 2024, the Company completed its acquisition of a majority stake in M&#252;nchmeyer Petersen
      &amp; Co. GmbH (&#8220;MPC Capital&#8221;) on December 16, 2024. This transaction will be referred to herein as the &#8220;Acquisition&#8221;.</div>
    <div>&#160;</div>
    <div style="text-align: justify; color: #000000;">The Company&#160; requires additional time to finalize its consolidated financial statements due to the need to consolidate MPC Capital, whose financial statements need to be converted from German GAAP to
      U.S. GAAP, and to complete&#160; the acquisition accounting with respect to the Acquisition.</div>
    <div>&#160;</div>
    <div style="color: #000000; font-weight: bold;"><u>Cautionary Statement Regarding Forward-Looking Statements</u></div>
    <div><br>
    </div>
    <div style="color: #000000;">This Form 12b-25 contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking
      statements are based on management&#8217;s current expectations or beliefs about the Company&#8217;s future plans, expectations and objectives. Although the Company believes the expectations reflected in any forward-looking statement are based on reasonable
      assumptions, it can give no assurance that its expectations will be attained, and it is possible that actual results may differ materially from those indicated by these forward-looking statements due to a variety of 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, except to the extent
      required by applicable law.</div>
    <div style="text-align: justify;"><font style="color: #000000;"> </font><br>
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    <div style="text-align: justify; color: #000000; font-weight: bold;">PART IV &#8211; OTHER INFORMATION</div>
    <div><br>
    </div>
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          <td style="width: 7%; vertical-align: top;">
            <div style="color: rgb(0, 0, 0);">(1)</div>
          </td>
          <td colspan="5" style="vertical-align: bottom;">
            <div style="text-align: justify; color: rgb(0, 0, 0);">Name and telephone number of person to contact in regard to this notification:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%; vertical-align: middle; padding-bottom: 2px;">&#160;</td>
          <td style="width: 25%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="text-align: center; margin-right: 0.6pt; margin-left: 0.6pt; color: rgb(0, 0, 0);">Petros Panagiotidis</div>
            </div>
          </td>
          <td style="width: 6%; vertical-align: middle; padding-bottom: 2px;">&#160;</td>
          <td style="width: 25%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; color: #000000;">+357</div>
          </td>
          <td style="width: 6%; vertical-align: middle; padding-bottom: 2px;">&#160;</td>
          <td style="width: 31%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
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              <div style="text-align: center; margin-right: 0.6pt; margin-left: 0.6pt; color: rgb(0, 0, 0);">25357767</div>
            </div>
          </td>
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        <tr>
          <td style="width: 7%; vertical-align: middle; padding-bottom: 2px;">&#160;</td>
          <td style="width: 25%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; color: rgb(0, 0, 0);">(Name)</div>
          </td>
          <td style="width: 6%; vertical-align: middle; padding-bottom: 2px;">&#160;</td>
          <td style="width: 25%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; color: rgb(0, 0, 0);">(Area code)</div>
          </td>
          <td style="width: 6%; vertical-align: middle; padding-bottom: 2px;">&#160;</td>
          <td style="width: 31%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; color: rgb(0, 0, 0);">(Telephone Number)</div>
          </td>
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        <tr>
          <td style="width: 7%; vertical-align: middle;">&#160;</td>
          <td style="width: 25%; vertical-align: bottom;">&#160;</td>
          <td style="width: 6%; vertical-align: middle;">&#160;</td>
          <td style="width: 25%; vertical-align: bottom;">&#160;</td>
          <td style="width: 6%; vertical-align: middle;">&#160;</td>
          <td style="width: 31%; vertical-align: bottom;">&#160;</td>
        </tr>
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          <td style="width: 7%; vertical-align: top;">
            <div style="color: rgb(0, 0, 0);">(2)</div>
          </td>
          <td colspan="5" style="vertical-align: bottom;">
            <div style="text-align: justify; color: #000000;">Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or
              for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).</div>
            <div style="text-align: right; color: #000000;">&#9746; Yes &#9744; No</div>
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        <tr>
          <td rowspan="1" style="width: 7%; vertical-align: top;">&#160;</td>
          <td rowspan="1" colspan="5" style="vertical-align: bottom;">&#160;</td>
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            <div style="color: rgb(0, 0, 0);">(3)</div>
          </td>
          <td colspan="5" style="vertical-align: bottom;">
            <div style="text-align: justify; color: #000000;">Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the
              subject report or portion thereof?</div>
            <div style="text-align: right; color: #000000;">&#9744; Yes &#9746; No</div>
            <div style="text-align: justify; color: #000000;">If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.</div>
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    <div> <br>
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              <div>&#160;</div>
            </td>
            <td style="width: 23%; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">&#160;<font style="font-weight: bold;">CASTOR MARITIME INC.</font></div>
            </td>
            <td style="width: 39%; padding-bottom: 2px;">
              <div>&#160;</div>
            </td>
          </tr>

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    </div>
    <div>
      <div style="text-align: center; color: rgb(0, 0, 0);">(Name of Registrant as Specified in Charter)</div>
    </div>
    <div> <br>
    </div>
    <div style="text-align: justify; color: #000000;">has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.</div>
    <div>&#160;</div>
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          <td style="width: 40%; vertical-align: top;">
            <div style="color: rgb(0, 0, 0);">Date: April 30, 2025</div>
          </td>
          <td style="width: 8%; vertical-align: top;">
            <div style="color: rgb(0, 0, 0);">By:</div>
          </td>
          <td style="width: 52%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="color: rgb(0, 0, 0);">/s/ Petros Panagiotidis</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: middle;">&#160;</td>
          <td style="width: 8%; vertical-align: top;">
            <div style="color: rgb(0, 0, 0);">Name:</div>
          </td>
          <td style="width: 52%; vertical-align: top;">
            <div style="color: rgb(0, 0, 0);">Petros Panagiotidis</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: middle;">&#160;</td>
          <td style="width: 8%; vertical-align: top;">
            <div style="color: rgb(0, 0, 0);">Title:</div>
          </td>
          <td style="width: 52%; vertical-align: bottom;">
            <div style="color: rgb(0, 0, 0);">Chairman, Chief Executive Officer and Chief Financial Officer</div>
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    </div>
    <div><br>
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