OceanPal (OP) Sells M/V Protefs

OceanPal Inc. (NASDAQ: OP) 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. A table describing the current OceanPal Inc. fleet can be found on the Company’s website, www.oceanpal.com. Information contained on the Company’s website does not constitute a part of this press release.

You May Also Be Interested In

• Freedom Broker Downgrades Flexsteel (FLXS) to Hold
• CACI opens 61,000-sq-ft defense electronics facility in Rochester
• Horizon Bancorp names two independent directors to its board