OceanPal Inc. focuses on the provision of ocean-going transportation services. It owns and operates three drybulk carriers that transport bulks, such as iron ore, coal, grains, bauxite, phosphate, and fertilizers. The company is based in Athens, Greece. OceanPal Inc.(NasdaqCM:OP) operates independently of Diana Shipping Inc. as of November 29, 2021.
IPO Year:
Exchange: NASDAQ
F-3 - OceanPal Inc. (0001869467) (Filer)
SCHEDULE 13D/A - OceanPal Inc. (0001869467) (Subject)
SCHEDULE 13D/A - OceanPal Inc. (0001869467) (Subject)
SCHEDULE 13D/A - OceanPal Inc. (0001869467) (Subject)
SCHEDULE 13D/A - OceanPal Inc. (0001869467) (Subject)
6-K - OceanPal Inc. (0001869467) (Filer)
6-K - OceanPal Inc. (0001869467) (Filer)
6-K - OceanPal Inc. (0001869467) (Filer)
6-K - OceanPal Inc. (0001869467) (Filer)
6-K - OceanPal Inc. (0001869467) (Filer)
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ATHENS, Greece, Aug. 21, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, announced today that its board of directors has determined to effect a one-for-twenty-five reverse stock split of the Company's common shares, par value $0.01 per share. The Company's shareholders approved the reverse stock split at the Company's annual meeting of shareholders held on May 20, 2025. The reverse stock split will take effect, and the Company's common shares will begin trading on a split-adjusted basis on NASDAQ, as of the opening of trading on August 25, 2025, under the existing trading symbol "OP". The CUSIP number
ATHENS, Greece, Aug. 08, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today reported time charter revenues of $6.2 million, a net loss of $10.4 million and net loss attributed to common stockholders of $11.9 million for the six months ended June 30, 2025. This compares to time charter revenues of $12.4 million, a net loss of $9.5 million and net loss attributed to common stockholders of $10.3 million for the six months ended June 30, 2024. Fleet Employment Profile (From January 01, 2025 until August 08, 2025) OceanPal Inc.'s fleet is employed as follows: Dry Bulk VesselsGross Rate(USD/Da
ATHENS, Greece, July 22, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced the closing of its upsized public offering of 10,975,600 units at a public offering price of US$1.64 per unit. Each unit consists of one common share and one warrant to purchase one common share. Gross proceeds to the Company, before deducting placement agent's fees and other offering expenses, were approximately US$18.0 million. Maxim Group LLC acted as sole book-running manager in connection with the offering. A registration statement on Form F-1 (File No. 333-288153) was filed with the U.S. Securities and Excha
ATHENS, Greece, July 21, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced the pricing of its upsized public offering of 10,975,600 units at a public offering price of US$1.64 per unit. Each unit consists of one common share and one warrant to purchase one common share. Each Warrant will expire three (3) years from the issuance, will be immediately exercisable upon issuance at an initial exercise price equal to 225% of the public offering price, subject to adjustment on the First Reset Date and the Second Reset Date (as defined in the warrants) and subject to a floor price therein. The wa
ATHENS, Greece, July 01, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that the Company has received a written notification from The Nasdaq Stock Market ("Nasdaq"), dated June 30, 2025, indicating that because the closing bid price of the Company's common shares was at or greater than US$1.00 per share for 10 consecutive trading days, from June 13 to June 27, 2025, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and this matter is now closed. About the Company OceanPal Inc. is a global provider of shipping transportation services, specializing in the ownership
ATHENS, Greece, June 02, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that, through a separate wholly-owned subsidiary, it has signed a Memorandum of Agreement to sell the 2004-built dry bulk vessel "Protefs" to a third party, for a sale price of US$7 million before commissions with delivery to the buyer no later than June 17, 2025. Upon completion of the aforementioned sale, OceanPal Inc.'s fleet will consist of 2 Panamax dry bulk vessels and an MR2 tanker vessel. A table describing the current OceanPal Inc. fleet can be found on the Company's website, www.oceanpal.com. Information
ATHENS, Greece, May 21, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that the Company's Annual Meeting of Shareholders (the "Meeting") was duly held on May 20, 2025, in virtual format only via the Internet. At the Meeting, each of the following proposals, which are set forth in more detail in the Notice of Annual Meeting of Shareholders and the Company's Proxy Statement sent to shareholders on or around April 28, 2025, was approved and adopted: (1) The election of three Class I Directors to serve until the 2028 annual meeting of shareholders; (2) The approva
ATHENS, Greece, April 23, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that it has received written notification from The Nasdaq Stock Market ("Nasdaq") dated April 17, 2025, indicating that because the closing bid price of the Company's common stock for 30 consecutive business days was below the minimum US$1.00 per share bid price requirement for continued listing on The Nasdaq Capital Market, the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the applicable grace period to regain compliance is 180 days, or until Octob
ATHENS, Greece, April 16, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that it has filed its 2024 Annual Report on Form 20-F with the United States Securities and Exchange Commission (the "Commission"). The Annual Report may be accessed through the Company's website, www.oceanpal.com, or on the Commission's website at www.sec.gov. Any shareholder may receive a hard copy of the Company's complete Annual Report free of charge upon request. About the Company OceanPal Inc. is a global provider of shipping transportation services, specializing in the ownership and operation of dr
ATHENS, Greece, April 09, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today reported vessel revenues of $5.8 million, a net loss of $8.2 million and net loss attributed to common stockholders of $8.8 million for the fourth quarter of 2024. This compares to vessel revenues of $5.8 million, a net income of $58 thousand and net loss attributed to common stockholders of $2.8 million for the fourth quarter of 2023. For the year ended December 31, 2024, the Company reported vessel revenues of $25.7 million, a net loss of $17.9 million and net loss attributed to common stockholders
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ATHENS, Greece, May 21, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that the Company's Annual Meeting of Shareholders (the "Meeting") was duly held on May 20, 2025, in virtual format only via the Internet. At the Meeting, each of the following proposals, which are set forth in more detail in the Notice of Annual Meeting of Shareholders and the Company's Proxy Statement sent to shareholders on or around April 28, 2025, was approved and adopted: (1) The election of three Class I Directors to serve until the 2028 annual meeting of shareholders; (2) The approva
ATHENS, Greece, May 17, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that the Company's Annual Meeting of Shareholders (the "Meeting") was duly held on May 17, 2024, in virtual format only via the Internet. At the Meeting, each of the following proposals, which are set forth in more detail in the Notice of Annual Meeting of Shareholders and the Company's Proxy Statement sent to shareholders on or around April 2, 2024, was approved and adopted: (1) The election of two Class III Directors to serve until the 2027 Annual Meeting of Shareholders; and (2) The appointment of Ern
ATHENS, Greece, May 04, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that the Company's Annual Meeting of Shareholders (the "Meeting") was duly held on May 3, 2023, in virtual format only via the Internet. At the Meeting, each of the following proposals, which are set forth in more detail in the Notice of Annual Meeting of Shareholders and the Company's Proxy Statement sent to shareholders on or around March 28, 2023, was approved and adopted: (1) The election of two Class II Directors to serve until the 2026 annual meeting of shareholders; (2) The approval of the following amendme
ATHENS, Greece, April 25, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that it has appointed Vasiliki Plousaki as the Company's new Chief Financial Officer, and appointed Margarita Veniou as the Company's Secretary in addition to her current position of Chief Corporate Development & Governance Officer, effective as of April 25, 2023. In their new roles, Ms. Plousaki and Ms. Veniou succeed Ioannis Zafirakis, who is resigning from his positions as the Company's Interim Chief Financial Officer, President and Secretary, offices he has held since November 2021. Mr. Zafirakis will continue
ATHENS, Greece, Feb. 02, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that it has appointed Robert Perri as the Company's new Chief Executive Officer, effective as of February 2, 2023. Mr. Perri replaces Mr. Eleftherios Papatrifon, who has served as the Company's Chief Executive Officer since November 2021 and who will continue to serve as a Class II director. Mr. Perri has over fifteen years of shipping company experience, including five years as the Chief Financial Officer of two US-listed companies, and five years as the Chief Financial Officer of a private shipping company. In ad
ATHENS, Greece, April 07, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that the Company's Annual Meeting of Shareholders (the "Meeting") was duly held on April 5, 2022, in a virtual format only via the Internet. At the Meeting, each of the following proposals, which are set forth in more detail in the Notice of Annual Meeting of Shareholders and the Company's Proxy Statement sent to shareholders on or around February 24, 2022, was approved and adopted: (1) The election of three Class I Directors to serve until the 2025 annual meeting of shareholders; (2) The filing of one or more a
ATHENS, Greece, April 01, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that the Annual Meeting of Shareholders of the Company (the "Meeting") held in virtual format on March 31, 2022 has been adjourned until April 5, 2022 at 9:00 a.m. Eastern Time. The Company adjourned the Meeting for the purpose of allowing additional time for shareholders to vote on Proposal Two, described below and as set forth in the Company's proxy statement for the Meeting, dated February 24, 2022 (the "Proxy"). The business scheduled for the re-convened Meeting remains the same as set forth in the Proxy. At t
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ATHENS, Greece, Aug. 08, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today reported time charter revenues of $6.2 million, a net loss of $10.4 million and net loss attributed to common stockholders of $11.9 million for the six months ended June 30, 2025. This compares to time charter revenues of $12.4 million, a net loss of $9.5 million and net loss attributed to common stockholders of $10.3 million for the six months ended June 30, 2024. Fleet Employment Profile (From January 01, 2025 until August 08, 2025) OceanPal Inc.'s fleet is employed as follows: Dry Bulk VesselsGross Rate(USD/Da
ATHENS, Greece, April 09, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today reported vessel revenues of $5.8 million, a net loss of $8.2 million and net loss attributed to common stockholders of $8.8 million for the fourth quarter of 2024. This compares to vessel revenues of $5.8 million, a net income of $58 thousand and net loss attributed to common stockholders of $2.8 million for the fourth quarter of 2023. For the year ended December 31, 2024, the Company reported vessel revenues of $25.7 million, a net loss of $17.9 million and net loss attributed to common stockholders
ATHENS, Greece, Jan. 21, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that, through a separate wholly-owned subsidiary, it has signed a Memorandum of Agreement to sell to a third party, the 2005-built vessel "Salt Lake City", with delivery to the buyer latest by February 20, 2025, for a sale price of US$16.1 million before commissions. Upon completion of the aforementioned sale, OceanPal Inc.'s fleet will consist of 3 Panamax dry bulk vessels and an MR2 tanker vessel. A table describing the current OceanPal Inc. fleet can be found on the Company's website, www.oceanpal.com. Informati
ATHENS, Greece, Dec. 20, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today reported vessel revenues of $7.5 million, a net loss of $0.2 million and net loss attributed to common stockholders of $0.6 million for the third quarter of 2024. This compares to vessel revenues of $3.9 million, a net loss of $3.4 million and net loss attributed to common stockholders of $3.9 million for the third quarter of 2023. For the nine months ended September 30, 2024, the Company reported vessel revenues of $19.9 million, a net loss of $9.7 million and net loss attributed to common stockholders of $10.9 mill
ATHENS, Greece, June 06, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today reported time charter revenues of $5.7 million, net loss of $1.3 million and net loss attributed to common stockholders of $1.7 million for the first quarter of 2024. This compares to time charter revenues of $3.9 million, net income of $88 thousand and net loss attributed to common stockholders of $472 thousand for the first quarter of 2023. Fleet Employment Profile (As of June 5, 2024) OceanPal Inc.'s fleet is employed as follows: VesselSisterShips*Gross Rate(USD/Day)Com**CharterersDelivery DatetoCharterers***Redelivery
ATHENS, Greece, April 11, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today reported time charter revenues of $5.8 million, net income of $58 thousand and a net loss attributed to common stockholders of $2.8 million for the fourth quarter of 2023. This compares to time charter revenues of $5.7 million, a net loss of $2.5 million and net loss attributed to common stockholders of $3.0 million for the fourth quarter of 2022. For the year ended December 31, 2023, the Company reported time charter revenues of $19.0 million, a net loss of $2.0 million and a net loss attributed to common stockholder
ATHENS, Greece, Dec. 06, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today reported a net loss of $3.4 million and a net loss attributed to common stockholders of $3.9 million for the third quarter of 2023. Time charter revenues for the same period were $3.9 million. This compares to net income of $1.1 million and net income attributed to common stockholders of $403 thousand for the third quarter of 2022. Time charter revenues for the same period were $5.1 million. Net loss for the nine months ended September 30, 2023, amounted to $2.0 million and net loss attributed t
ATHENS, Greece, Aug. 08, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today reported net income of $1.26 million and net income attributed to common stockholders of $483 thousand for the second quarter of 2023. Time charter revenues for the same period were $5.4 million. This compares to net income of $648 thousand and net income attributed to common stockholders of $157 thousand for the second quarter of 2022. Time charter revenues for the same period were $4.6 million. Net income for the six months ended June 30, 2023, amounted to $1.35 million and net income attributed to common stockholders am
ATHENS, Greece, June 13, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today reported net income of $88 thousand and net loss attributed to common stockholders of $472 thousand for the first quarter of 2023. Time charter revenues for the same period were $3.9 million. This compares to net income of $414 thousand and net loss attributed to common stockholders of $510 thousand for the first quarter of 2022. Time charter revenues for the same period were $3.7 million. Fleet Employment Profile (As of June 12, 2023) OceanPal Inc.'s fleet is employed as follows: VesselBUILT DWTSister Ships*Gross Rate (USD
ATHENS, Greece, March 30, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today reported a net loss of $2.5 million and a net loss attributed to common stockholders of $3.0 million for the fourth quarter of 2022. Time charter revenues for the same period were $5.7 million. This compares to net income of $143 thousand and net income attributed to common stockholders of $74 thousand for the fourth quarter of 2021. Time charter revenues for the same period were $1.3 million. The condensed financial data of the Company for the period from April 15, 2021 (inception) to December 31, 2021 reflect the operation
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