Nasdaq-listed Greek owner OceanPal has found short-term work at a lower rate for a capesize acquired as part of a spin-off from Diana Shipping.

The company has now taken delivery of the 177,200-dwt Baltimore (built 2005) after buying it for $22m in June.

OceanPal said the ship has been fixed out to South Korean charterer and owner Hyundai Glovis for a trip of about 35 days.