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Basis of Presentation and General Information (Tables)
 12 Months Ended
Dec. 31, 2024
Basis of Presentation and General information [Abstract]  
Assets and Liabilities of Toro
The assets and liabilities of Toro on March 7, 2023, were as follows:
 
  
March 7,
2023
  
Cash and cash equivalents
  
$
61,359,774
  
Accounts receivable trade, net
    
6,767,408
  
Due from related parties, current
    
4,528,948
  
Inventories
    
890,523
  
Prepaid expenses and other assets, current
    
1,447,062
  
Vessels, net
    
91,492,003
  
Restricted cash
    
700,000
  
Due from related parties, non-current
    
1,708,474
  
Prepaid expenses and other assets, non-current
    
4,449,999
  
Deferred charges, net
    
2,685,922
  
Due to Related Parties
    
(3,001,865
)
Accounts payable
    
(2,432,095
)
Accrued liabilities
    
(3,041,530
)
Long-term debt, net
    
(12,413,056
)
Net assets of Toro
    
155,141,567
  
Less: Investment in Preferred Shares of Toro issued as part of Spin-Off (refer Note 4(c))
    
(117,222,135
)
Distribution of net assets of Toro to the Company’s shareholders
  
$
37,919,432
  
Consolidated Vessel Owning Subsidiaries
(a)     Consolidated vessel owning subsidiaries:

   
Company
Country of
incorporation
Vessel Name
  
DWT
  
Year
Built
  
Delivery date
to Castor
1
  
Spetses Shipping Co. (“Spetses”)
Marshall Islands
M/V Magic P
  
76,453
  
2004
  
February 2017
2
  
Liono Shipping Co. (“Liono”)
Marshall Islands
M/V Magic Thunder
  
83,375
  
2011
  
April 2021
3
  
Mulan Shipping Co. (“Mulan”)
Marshall Islands
M/V Magic Starlight
  
81,048
  
2015
  
May 2021
4
  
Cinderella Shipping Co. (“Cinderella”)
Marshall Islands
M/V Magic Eclipse
  
74,940
  
2011
  
June 2021
5
  
Mickey Shipping Co. (“Mickey”)
Marshall Islands
M/V Magic Callisto
  
74,930
  
2012
  
January 2022
6
  
Songoku Shipping Co. (“Songoku”)
Marshall Islands
M/V Magic Pluto
  
74,940
  
2013
  
August 2021
7
  
Asterix Shipping Co. (“Asterix”)
Marshall Islands
M/V Magic Perseus
  
82,158
  
2013
  
August 2021
8
  
Johnny Bravo Shipping Co. (“Johnny Bravo”)
Marshall Islands
M/V Magic Mars
  
76,822
  
2014
  
September 2021
9
  
Jerry Shipping Co. (“Jerry S”)
Marshall Islands
M/V Ariana A
  
38,117
  
2005
  
November 2022
10
  
Tom Shipping Co. (“Tom S”)
Marshall Islands
M/V Gabriela A
  
38,121
  
2005
  
November 2022
11
  Aladdin Shipping Co. (“Aladdin”) Marshall Islands M/V Magic Celeste   63,310   2015   August 2024
12
  Ariel Shipping Co. (“Ariel”) Marshall Islands M/V Magic Ariel   81,845   2020   October 2024
13
  Yogi Bear Shipping Co. (Yogi”) Marshall Islands M/V Raphaela   26,811   2008   October 2024
Consolidated Subsidiaries Formed to Acquire Vessels
(b)     Consolidated subsidiaries formed to acquire vessels:
 
Company
Country of incorporation
1
Containco Shipping Inc.
Marshall Islands
Consolidated Holding Subsidiary
(c)     Consolidated holding subsidiary:

 
Company
Country of incorporation
1
Thalvora Holdings GmbH
Germany
Consolidated Non-Vessel Owning Subsidiaries
(d)     Consolidated non-vessel owning subsidiaries:

 
Company
Country of incorporation
1
Castor Maritime SCR Corp. (“Castor SCR”) (1)
Marshall Islands
2
Bagheera Shipping Co. (“Bagheera”) (2)
Marshall Islands
3
 Luffy Shipping Co. (“Luffy”) (3)
Marshall Islands
4
Kabamaru Shipping Co. (“Kabamaru”) (4)
Marshall Islands
5
 Bistro Maritime Co. (“Bistro”) (5)
Marshall Islands
6
 Garfield Shipping Co. (“Garfield”) (6)
Marshall Islands
7
 Pikachu Shipping Co. (“Pikachu”) (7)
Marshall Islands
8
 Jumaru Shipping Co. (“Jumaru”) (8)
Marshall Islands
9
 Pumba Shipping Co. (“Pumba”) (9)
Marshall Islands
 10 Snoopy Shipping Co. (“Snoopy”) (10)
Marshall Islands
11
Super Mario Shipping Co. (“Super Mario”) (11)
Marshall Islands
12
Stewie Shipping Co. (“Stewie”) (12)
Marshall Islands
13
Pocahontas Shipping Co. (“Pocahontas”) (13)
Marshall Islands
14
 Indigo Global Corp.
 Marshall Islands

(1)
Incorporated under the laws of the Marshall Islands on September 16, 2021, this entity serves as the Company’s subsidiaries’ cash manager with effect from November 1, 2021.

(2)
Bagheera Shipping Co. no longer owns any vessel following the sale of the M/V Magic Rainbow on March 13, 2023, and delivery of such vessel to an unaffiliated third-party on April 18, 2023.

(3)
Luffy Shipping Co. no longer owns any vessel following the sale of the M/V Magic Twilight on June 2, 2023, and delivery of such vessel to an unaffiliated third-party on July 20, 2023.

(4)
Kabamaru Shipping Co. no longer owns any vessel following the sale of the M/V Magic Argo on September 22, 2023, and delivery of such vessel to an unaffiliated third-party on December 14, 2023.

(5)
Bistro Maritime Co. no longer owns any vessel following the sale of the M/V Magic Sun on October 6, 2023, and delivery of such vessel to an unaffiliated third-party on November 14, 2023.

(6)
Garfield Shipping Co. no longer owns any vessel following the sale of the M/V Magic Phoenix on October 16, 2023, and delivery of such vessel to an unaffiliated third-party on November 27, 2023.

(7)
Pikachu Shipping Co. no longer owns any vessel following the sale of the M/V Magic Moon on November 10, 2023, and delivery of such vessel to an unaffiliated third-party on January 16, 2024 (see also Note 7).

(8)
Jumaru Shipping Co. no longer owns any vessel following the sale of the M/V Magic Nova on January 19, 2024, and delivery of such vessel to an entity beneficially owned by a family member of the Company’s Chairman, Chief Executive Officer and Chief Financial Officer on March 11, 2024 (see also Note 7).

(9)
Pumba Shipping Co. no longer owns any vessel following the sale of the M/V Magic Orion on December 7, 2023, and delivery of such vessel to an unaffiliated third-party on March 22, 2024 (see also Note 7).

(10)
Snoopy Shipping Co. no longer owns any vessel following the sale of the M/V Magic Nebula on February 15, 2024, and delivery of such vessel to an entity affiliated with a family member of the Company’s Chairman, Chief Executive Officer and Chief Financial Officer on April 18, 2024 (see also Note 7).

(11)
Super Mario Shipping Co. no longer owns any vessel following the sale of the M/V Magic Venus on December 21, 2023, and delivery of such vessel to an entity affiliated with a family member of the Company’s Chairman, Chief Executive Officer and Chief Financial Officer on May 10, 2024 (see also Note 7).

(12)
Stewie Shipping Co. no longer owns any vessel following the sale of the M/V Magic Vela on May 1, 2024, and delivery of such vessel to an unaffiliated third-party on May 23, 2024 (see also Note 7).

(13)
Pocahontas Shipping Co. no longer owns any vessel following the sale of the M/V Magic Horizon on January 19, 2024, and delivery of such vessel to an entity beneficially owned by a family member of the Company’s Chairman, Chief Executive Officer and Chief Financial Officer on May 28, 2024 (see also Note 7).
Consolidated Majority-Owned Subsidiaries
(e)     Consolidated majority-owned subsidiaries:

Company
Country of
incorporation
Shares held in percent
Shareholder
MPC Münchmeyer Petersen Capital AG
Germany
74.09%
Thalvora Holdings GmbH

The consolidated subsidiaries in the table below are held by the MPC Münchmeyer Petersen Capital AG:

Company
Country of
incorporation
Shares held
in percent
Shareholder
Curamus Managementgesellschaft mbH, Hamburg (formerly: Verwaltung ZLG Abwicklungsgesellschaft mbH, Hamburg)
 Germany
100%
MPC Capital Dritte Beteiligungsgesellschaft mbH, Hamburg
Deepsea Oil Explorer Plus GmbH & Co. KG, Hamburg
 Germany
100%
MPC Capital Beteiligungsgesellschaft mbH & Co. KG, Hamburg
Duisburg Invest Beteiligungsgesellschaft mbH & Co. KG, Hamburg
 Germany
100%
MPC Capital AG, Hamburg 99.90%
MPC Capital Beteiligungsgesellschaft mbH & Co. KG, Hamburg 0.10%
Energiepark Heringen-Philippsthal WP HP GmbH & Co, KG, Hamburg Germany 100% MPC Capital Beteiligungsgesellschaft mbH & Co. KG, Hamburg
ELG Erste Liquidationsmanagement GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
First Fleet Philipp Beteiligungs GmbH, Delmenhorst
 Germany
100%
MPC Capital Investments GmbH, Hamburg
Harper Petersen Albis GmbH & Co. KG, Hamburg (formerly: Albis Shipping & Transport GmbH & Co. KG, Hamburg)
 Germany
100%
Harper Petersen & Co. GmbH & Co. KG, Hamburg
Harper Petersen & Co. Asia Ltd., Hongkong / China
 China
100%
Harper Petersen & Co. GmbH & Co. KG, Hamburg
Harper Petersen & Co. B.V., Amsterdam / Netherlands
 Netherlands
100%
Harper Petersen & Co. GmbH & Co. KG, Hamburg
Harper Petersen & Co. GmbH & Co. KG, Hamburg
 Germany
100%
MPC Maritime Holding GmbH, Hamburg
Harper Petersen & Co. Pte Ltd., Singapur
 Singapore
100%
Harper Petersen & Co. GmbH & Co. KG, Hamburg
HLD Vermögensverwaltungsgesellschaft UG (haftungsbeschränkt) i.L., Hamburg
 Germany
100%
MPC Capital Beteiligungsgesellschaft mbH & Co. KG, Hamburg
Immobilienmanagement MPC Student Housing Venture GmbH, Hamburg
 Germany
100%
MPC Capital AG, Hamburg
Immobilienmanagement Sachwert Rendite-Fonds GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Management Sachwert Rendite-Fonds Immobilien GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Managementgesellschaft Harper Petersen mbH, Hamburg
 Germany
100%
Harper Petersen & Co. GmbH & Co. KG, Hamburg
Managementgesellschaft MPC Global Maritime Opportunity Private Placement GmbH, Hamburg
 Germany
100%
MPC Maritime Holding GmbH, Hamburg
Managementgesellschaft MPC Solarpark mbH, Hamburg
 Germany
100%
MPC Münchmeyer Petersen Real Estate Consulting GmbH, Hamburg
Managementgesellschaft Oil Rig Plus mbH, Hamburg
 Germany
100%
MPC Maritime Holding GmbH, Hamburg
MPC Achte Vermögensstrukturfonds Verwaltungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
MPC Best Select Company Plan Managementgesellschaft mbH, Quickborn
 Germany
100%
MPC Investment Services GmbH, Hamburg
MPC Capital Advisory GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
MPC Capital Beteiligungsgesellschaft mbH & Co. KG, Hamburg
 Germany
100%
MPC Capital AG, Hamburg
MPC Capital Dritte Beteiligungsgesellschaft mbH, Hamburg (formerly: MPC Micro Living Development GmbH, Hamburg)
 Germany
100%
MPC Capital AG, Hamburg
MPC Capital GmbH, Hamburg
 Germany
100%
MPC Capital AG, Hamburg
MPC Capital Investments GmbH, Hamburg
 Germany
100%
MPC Capital AG, Hamburg
MPC Capital Zweite Beteiligungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Capital Beteiligungsgesellschaft mbH & Co. KG, Hamburg
MPC Dritte Vermögensstrukturfonds Verwaltungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
MPC ECOBOX OPCO 1 Beteiligungs GmbH & Co. KG. Hamburg
 Germany
51.1%
MPC Capital Zweite Beteiligungsgesellschaft mbH, Hamburg
MPC ECOBOX OPCO 2 Beteiligungs GmbH & Co. KG. Hamburg
 Germany
77.6%
MPC Capital Zweite Beteiligungsgesellschaft mbH, Hamburg
MPC ECOBOX OPCO 4 GmbH & Co. KG i.L., Hamburg
 Germany
81.7%
MPC Capital Zweite Beteiligungsgesellschaft mbH, Hamburg
MPC Energías Renovables Colombia S.A.S., Bogotá / Colombia
 Colombia
100%
MPC Capital GmbH, Hamburg
MPC Elfte Vermögensstrukturfonds Verwaltungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
MPC Fünfte Vermögensstrukturfonds Verwaltungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
MPC Investment Partners GmbH, Hamburg
 Germany
100%
MPC Capital AG, Hamburg
MPC Investment Services GmbH, Hamburg
 Germany
100%
MPC Capital AG
MPC Maritime Beteiligungsgesellschaft mbH & Co. KG, Hamburg
 Germany
100%
MPC Maritime Holding GmbH, Hamburg
MPC Maritime Beteiligungsverwaltungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Maritime Holding GmbH, Hamburg
MPC Maritime Holding GmbH, Hamburg
 Germany
100%
MPC Capital AG, Hamburg
MPC Maritime Investments GmbH i.L., Hamburg
 Germany
100%
MPC Maritime Holding GmbH, Hamburg
MPC Multi Asset Verwaltungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Maritime Holding GmbH, Hamburg
MPC Münchmeyer Petersen Real Estate Consulting GmbH, Hamburg
 Germany
100%
MPC Capital AG, Hamburg
MPC Neunte Vermögensstrukturfonds Verwaltungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
MPC Real Value Fund Verwaltungsgesellschaft mbH, Quickborn
 Germany
100%
MPC Investment Services GmbH, Hamburg
MPC Renewable Panama S.A., Panama
 Panama
100%
MPC Capital GmbH, Hamburg
MPC Schiffsbeteiligung Vermögensstrukturfonds Verwaltungsgesellschaft mbH, Nielbühl
 Germany
100%
MPC Maritime Holding GmbH, Hamburg
MPC Sechste Vermögensstrukturfonds Verwaltungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
MPC Siebte Vermögensstrukturfonds Verwaltungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
MPC Silica Invest GmbH, Hamburg
 Germany
100%
MPC Capital AG, Hamburg
MPC Venture Invest AG, Wien / Austria
 Austria
100%
MPC Capital AG, Hamburg
MPC Vierte Vermögensstrukturfonds Verwaltungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
MPC Zehnte Vermögensstrukturfonds Verwaltungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
MPC Zweite Vermögensstrukturfonds Verwaltungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
MS STADT RAVENSBURG ERSTE T + H Verwaltungs GmbH, Hamburg
 Germany
100%
MPC Maritime Holding GmbH, Hamburg
Panda Invest GmbH, Hamburg
 Germany
100%
MPC Capital Beteiligungsgesellschaft mbH & Co. KG, Hamburg
Palmaille Ship Invest GmbH, Hamburg
 Germany
31.0%
MPC Capital Beteiligungsgesellschaft mbH & Co. KG, Hamburg
PB BS GMO Verwaltungs GmbH, Hamburg Germany
100%
 MPC Capital Investments GmbH, Hamburg
PBH Maritime Verwaltungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Capital Beteiligungsgesellschaft mbH & Co. KG, Hamburg
RES Maxis B.V., Amsterdam / Netherlands
 Netherlands
71.5%
MPC Capital Beteiligungsgesellschaft mbH & Co. KG, Hamburg
TVP Treuhand- und Verwaltungsgesellschaft für Publikumsfonds mbH & Co. KG, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
Verwaltung “Rio Blackwater” Schifffahrtsgesellschaft mbH, Hamburg
 Germany
100%
MPC Maritime Holding GmbH, Hamburg
Verwaltung Achte Sachwert Rendite-Fonds Deutschland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Asien Opportunity Real Estate GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Bluewater Investments GmbH, Hamburg
 Germany
100%
MPC Capital Beteiligungsgesellschaft mbH & Co. KG, Hamburg
Verwaltung Dreiundvierzigste Sachwert Rendite-Fonds Holland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Dritte MPC Sachwert Rendite-Fonds Opportunity Amerika GmbH, Quickborn
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Einundsiebzigste Sachwert Rendite-Fonds Holland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Elfte Sachwert Rendite-Fonds Deutschland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Fünfte Sachwert Rendite-Fonds Deutschland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung MPC Capital Beteiligungsgesellschaft mbH, Hamburg
 Germany
100%
MPC Capital AG, Hamburg
Verwaltung MPC Global Maritime Opportunity Private Placement GmbH, Hamburg
 Germany
100%
MPC Capital Investments GmbH, Hamburg
Verwaltung MPC Real Estate Opportunity Private Placement Amerika GmbH, Quickborn
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung MPC Sachwert Rendite-Fonds Opportunity Amerika GmbH, Quickborn
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung MPC Sachwert Rendite-Fonds Opportunity Asien GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung MPC Solarpark GmbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
Verwaltung MPC Student Housing Beteiligung UG, Quickborn
 Germany
100%
MPC Capital AG, Hamburg
Verwaltung MPC Student Housing Venture GmbH, Quickborn
 Germany
100%
MPC Capital AG, Hamburg
Verwaltung Neunte Sachwert Rendite-Fonds Deutschland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Neunundfünfzigste Sachwert Rendite-Fonds Holland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Sachwert Rendite-Fonds Japan GmbH, Quickborn
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Sechste Sachwert Rendite-Fonds Deutschland (Private Placement) GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Sechsundvierzigste Sachwert Rendite-Fonds Holland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung SHV Management Participation GmbH, Quickborn
 Germany
100%
MPC Capital AG, Hamburg
Verwaltung Siebenundfünfzigste Sachwert Rendite-Fonds Holland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Siebenundvierzigste Sachwert Rendite-Fonds Holland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Siebte Sachwert Rendite-Fonds Deutschland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Siebzigste Sachwert Rendite-Fonds Holland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung TVP Treuhand GmbH, Hamburg
 Germany
100%
MPC Capital AG, Hamburg
Verwaltung Vierundfünfzigste Sachwert Rendite-Fonds Holland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Zehnte Sachwert Rendite-Fonds Deutschland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Zweite MPC Real Estate Opportunity Private Placement Amerika GmbH, Quickborn
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Zweite MPC Sachwert Rendite-Fonds Opportunity Amerika GmbH, Quickborn
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Zweite Reefer-Flottenfonds GmbH, Hamburg
 Germany
100%
MPC Maritime Holding GmbH, Hamburg
Verwaltung Zweite Sachwert Rendite-Fonds Deutschland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltung Zweiundsiebzigste Sachwert Rendite-Fonds Holland GmbH, Hamburg
 Germany
100%
MPC Capital GmbH, Hamburg
Verwaltungsgesellschaft Achte MPC Global Equity mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
Verwaltungsgesellschaft Duisburg Invest mbH, Hamburg
 Germany
100%
MPC Capital Beteiligungsgesellschaft mbH & Co. KG, Hamburg
Verwaltungsgesellschaft Elfte Private Equity GmbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
Verwaltungsgesellschaft MPC Global Equity Step by Step II mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
Verwaltungsgesellschaft MPC Global Equity Step by Step III mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
Verwaltungsgesellschaft MPC Global Equity Step by Step IV mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
Verwaltungsgesellschaft MPC Global Equity Step by Step mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
Verwaltungsgesellschaft MPC Rendite-Fonds Leben plus VI mbH, Quickborn
 Germany
100%
MPC Investment Services GmbH, Hamburg
Verwaltungsgesellschaft MPC Rendite-Fonds Leben plus VII mbH, Quickborn
 Germany
100%
MPC Investment Services GmbH, Hamburg
Verwaltungsgesellschaft MPC Rendite-Fonds Leben plus spezial IV mbH, Quickborn
 Germany
100%
MPC Investment Services GmbH, Hamburg
Verwaltungsgesellschaft MPC Rendite-Fonds Leben plus spezial V mbH, Quickborn
 Germany
100%
MPC Investment Services GmbH, Hamburg
Verwaltungsgesellschaft Neunte Global Equity mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
Verwaltungsgesellschaft Oil Rig Plus mbH, Hamburg
 Germany
100%
MPC Maritime Holding GmbH, Hamburg
Verwaltungsgesellschaft Siebte MPC Global Equity mbH, Hamburg
 Germany
100%
MPC Investment Services GmbH, Hamburg
Zweite MPC Best Select Company Plan Managementgesellschaft mbH, Quickborn
 Germany
100%
MPC Investment Services GmbH, Hamburg
Revenue from Charterers
During the years ended December 31, 2022, 2023 and 2024, charterers that individually accounted for more than 10% of the Company’s total vessel revenues (as percentages of total vessel revenues), all derived from the Company’s dry bulk and containers segments, were as follows:
 
Charterer
    
Year Ended
December 31, 2022
      
Year Ended
December 31, 2023
      
Year Ended
December 31, 2024
    
A
    
31
%
    
42
%
    
41
%
  
B
    
18
%
    
28
%
    
30
%
  
C
    
—
 %    
—
 %
    
10
%
  
D     — %     10 %     — %  
E
 
26
%
    
—
 %    
—
 %  
Total
    
75
%
    
80
%
    
81
%