Oceanpal Enters New Short Term Contract For M/V Calipso Vessel

December 3, 2021 2:55 PM | 1 min read | Make a Comment

OceanPal Inc OP entered into a time charter trip contract for its Panamax dry bulk vessel, the m/v Calipso, a 73,691 dwt vessel built in 2005, at a gross charter rate of $18,750 per day, for about 15-20 days.
The m/v Calipso is currently chartered at a gross charter rate of $10,400 per day.
OceanPal Inc.'s fleet consists of 3 dry bulk vessels, 1 Capesize and 2 Panamax.
The company recently commenced trading on the Nasdaq Capital Market following its spin-off from Diana Shipping Inc DSX.
Price Action: OP shares traded lower by 23.7% at $4.16 on the last check Friday.