OceanPal Inc., a global shipping company specializing in the ownership of vessels 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”, with delivery to the buyer latest by February 20, 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 3 Panamax dry bulk vessels and an MR2 tanker vessel.

Source:OceanPal Inc.