-+ 0.00%
-+ 0.00%
-+ 0.00%

OceanPal Signs MOA To Sell 2004-Built Dry Bulk Vessel "Protefs" To Third Party For $7M Before Commissions With Delivery To Buyer No Later Than June 17, 2025

Benzinga·06/02/2025 13:33:49
Listen to the news

OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that, through a separate wholly-owned subsidiary, it has signed a Memorandum of Agreement to sell the 2004-built dry bulk vessel "Protefs" to a third party, for a sale price of US$7 million before commissions with delivery to the buyer no later than June 17, 2025.

Upon completion of the aforementioned sale, OceanPal Inc.'s fleet will consist of 2 Panamax dry bulk vessels and an MR2 tanker vessel.