Shipowner George Economou is moving to revamp New York-listed OceanPal’s board in another attack on the Greek Palios family’s business.
Economou is seeking resignations from five current OceanPal directors while nominating two of his own designees at the next general shareholders meeting, according to a filing on Friday with US securities regulators.
At the same time, Economou has pushed his OceanPal stake to 10.1%