Cyprus Mail7 Aug 2026

OceanPal sells remaining vessels to Paliou affiliate in pivot to crypto and AI

Greek shipowner Semiramis Paliou has taken back OceanPal’s remaining fleet through an affiliated company, closing the shipping chapter of a business spun off from Diana Shipping less than five years ago.

Nasdaq-listed OceanPal announced that it sold its entire interest in shipowning subsidiary OP Vessel Holdco to Sezali Inc on July 31. Sezali is affiliated with Paliou, OceanPal’s former chairwoman and the current chief executive of Diana Shipping....

This is a summary. Read the full article at Cyprus Mail.

Read full article

More from Cyprus

All news

Cyprus Mail

EU airline ownership review could complicate easyJet takeover

The European Union is preparing a review of airline ownership rules to prevent foreign investors from gaining effective control of carriers, an EU official said, a move that could complicate U.S. bids for low-cost airline easyJet. The possible result of the EU review, previous...

today

Cyprus Mail

Sir Stelios keeps his seat in £5.7bn easyJet takeover

EasyJet founder Sir Stelios Haji-ioannou and his family will remain significant shareholders in the airline after its proposed £5.7 billion takeover by US investment firm Apollo, bringing an end to a bidding contest for one of Europe’s largest low-cost carriers. The British ai...

today

Cyprus Mail

Cyprus Business Now: banks, inflation, real estate, Hassabis, GDP, Sainni

Cyprus’ construction sector maintained strong growth momentum in the first half of 2026, supported by a robust pipeline of new projects, rising property demand and continued investment activity, according to a report by Eurobank Research. The report said that first quarter dat...

today

in-cyprus

Weekend guide: Cocktails, beach dining and stargazing under the Troodos sky

From a beach bar in Ayia Napa and a seaside lunch in Pissouri to Italian dining in Limassol and an evening at Troodos Observatory, here are four suggestions for the weekend. Beach day Lasmari Beach Bar Located on Landa Beach between Makronissos and Nissi Beach in Ayia Napa, La...

today