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Greek shipowner OceanPal has struck a deal to sell its oldest bulk carrier.
The Nasdaq-listed company is shipping out the 2004-built panamax Protefs to an unnamed buyer for $7m before commissions.
The Jiangnan Shanghai Changxing-built 73,600 dwt unit should change hands by June 17.
Earlier this year, OceanPal sold the 2005-built 171,800 dwt Salt Lake City for $16.1m, marking the exit from the capesize segment.
Once the latest deal is closed, the Semiramis Paliou-backed outfit will own two 2005-built panamax bulkers and an MR2 tanker built in 2009.
The post OceanPal offloads its oldest bulker appeared first on Energy News Beat.
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