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OceanPal announces sale of dry bulk vessel

 

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Dry Bulk,

OceanPal Inc. has announced that, through a separate wholly-owned subsidiary, it has signed a Memorandum of Agreement to sell to a third party, the 2005-built vessel Salt Lake City.

The vessel will be delivered to the buyer latest by 20 February 2025, for a sale price of US$16.1 million before commissions. Upon completion of the aforementioned sale, OceanPal Inc.’s fleet will consist of three Panamax dry bulk vessels and an MR2 tanker vessel.

Image credit: OceanPal

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