OceanPal To Acquire MR2 Tanker Vessel For $27M
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SC 13D/A - OceanPal Inc. (0001869467) (Subject)
SC 13D/A - OceanPal Inc. (0001869467) (Subject)
SC 13D/A - OceanPal Inc. (0001869467) (Subject)
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, Sept. 09, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) ("OceanPal" or the "Company"), a global shipping company specializing in the ownership of vessels, today announced that it has taken delivery of the m/t Zeze Start, a 2009-built tanker vessel having a carrying capacity of 49,999 dwt (the "Vessel"), that the Company entered into an agreement to purchase in late July 2024. The acquisition of its first tanker vessel reflects OceanPal's view that it is the right time to diversify the Company's fleet so as to take advantage of opportunities in the product tanker sector. Upon completion of the previously announced sale of the m/v Baltimore, OceanPal Inc.'s fleet will c
SCHEDULE 13G/A - OceanPal Inc. (0001869467) (Subject)
SCHEDULE 13D/A - OceanPal Inc. (0001869467) (Subject)
SCHEDULE 13D/A - OceanPal Inc. (0001869467) (Subject)
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, 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