OceanPal sells fleet and pivots to cryptocurrencies
Nasdaq-listed shipping company OceanPal has sold its entire fleet to a company of Greek shipowner family Paliou, thereby ending its shipping business. The sale took place on July 31, with Semiramis Paliou, former OceanPal chair and current CEO of Diana Shipping, behind buyer Sezali Inc. OceanPal is now pivoting to new business areas such as cryptocurrencies and artificial intelligence.