OceanPal Inc. Announces the Sale of M/V Salt Lake City
Portfolio Pulse from
OceanPal Inc. has announced the sale of its vessel 'Salt Lake City' for $16.1 million, with delivery expected by February 20, 2025.

January 21, 2025 | 2:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
OceanPal Inc. has agreed to sell its vessel 'Salt Lake City' for $16.1 million, which could positively impact its financial position.
The sale of the vessel 'Salt Lake City' for $16.1 million is a significant transaction for OceanPal Inc., as it directly affects the company's asset portfolio and financial position. This sale could improve liquidity and provide capital for future investments or debt reduction, which is generally positive for the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100