$OP 1.0286 Dry Bulk Vessel to OceanPal for $14 Mil
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Posted On: 02/01/2023 12:17:47 PM
$OP 1.0286 Dry Bulk Vessel to OceanPal for $14 Million
MT NEWSWIRES 12:14 PM ET 2/1/2023
All Content and Data provided by Third-Parties — Terms of Use
Diana Shipping to Sell Dry Bulk Vessel to OceanPal for $14 Million
MT NEWSWIRES 12:14 PM ET 2/1/2023
Symbol Last Price Change
DSX 4.03up +0.01 (+0.2488%)
OP 1.0286up +0.0588 (+6.0631%)
QUOTES AS OF 12:14:53 PM ET 02/01/2023
12:14 PM EST, 02/01/2023 (MT Newswires) -- Diana Shipping(DSX) said Wednesday it agreed to sell its Panamax dry bulk vessel, the m/v Melia, to OceanPal(OP) for $14 million.
The transaction will be carried out via a Diana Shipping(DSX) subsidiary, the company added.
Diana Shipping (DSX) said $4 million has been paid, and the remaining payment in shares of OceanPal's(OP) series D preferred stock is set for the end of February with the delivery of the vessel.
The deal was part of OceanPal's(OP) exercise of a right of first refusal granted by Diana Shipping(DSX) on six vessels based on an agreement signed on Nov. 8, 2021, the company said.
Price: 4.03, Change: +0.01, Percent Change: +0.25
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
©http://www.mtnewswires.com Copyright © 2023 MT Newswires. All rights reserved.
MT NEWSWIRES 12:14 PM ET 2/1/2023
All Content and Data provided by Third-Parties — Terms of Use
Diana Shipping to Sell Dry Bulk Vessel to OceanPal for $14 Million
MT NEWSWIRES 12:14 PM ET 2/1/2023
Symbol Last Price Change
DSX 4.03up +0.01 (+0.2488%)
OP 1.0286up +0.0588 (+6.0631%)
QUOTES AS OF 12:14:53 PM ET 02/01/2023
12:14 PM EST, 02/01/2023 (MT Newswires) -- Diana Shipping(DSX) said Wednesday it agreed to sell its Panamax dry bulk vessel, the m/v Melia, to OceanPal(OP) for $14 million.
The transaction will be carried out via a Diana Shipping(DSX) subsidiary, the company added.
Diana Shipping (DSX) said $4 million has been paid, and the remaining payment in shares of OceanPal's(OP) series D preferred stock is set for the end of February with the delivery of the vessel.
The deal was part of OceanPal's(OP) exercise of a right of first refusal granted by Diana Shipping(DSX) on six vessels based on an agreement signed on Nov. 8, 2021, the company said.
Price: 4.03, Change: +0.01, Percent Change: +0.25
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
©http://www.mtnewswires.com Copyright © 2023 MT Newswires. All rights reserved.
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