v3.22.2.2
Vessels (Tables)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Summary of vessels, net

    

Vessel Cost

    

Accumulated Depreciation

    

Net Book Value

Balance, December 31, 2021

$

46,082

$

(354)

$

45,728

-Additions for improvements

 

378

 

 

378

- Depreciation for the period

 

 

(2,024)

 

(2,024)

Balance, June 30, 2022

$

46,460

$

(2,378)

$

44,082

 
OceanPal Inc. Predecessors    
Summary of vessels, net  

Accumulated

    

Vessel Cost

    

 Depreciation

    

Net Book Value

Balance, December 31, 2020

$

47,405,161

$

(15,155,862)

$

32,249,299

- Additions for improvements

 

29,477

 

 

29,477

- Depreciation for the period

 

 

(1,071,390)

 

(1,071,390)

Balance, June 30, 2021

$

47,434,638

$

(16,227,252)

$

31,207,386