- OceanPal ( NASDAQ: OP ) has announced that it has entered into a time charter contract with ETG Commodities Ltd for its Panamax dry bulk vessel, the m/v Calipso.
- The gross charter rate is $19,600/day minus a 5% commission paid to third parties, for a period of about ninety days.
- The employment of “Calipso” is anticipated to generate ~$1.76M of gross revenue for the scheduled period of the time charter.
- As previously disclosed, the Co. also expects to take delivery of one Capesize dry bulk vessel in Q3 2022.
- The charter commenced on July 2, 2022.
For further details see:
OceanPal announces time charter contract for m/v Calipso