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Latest OP News From Around the Web
Below are the latest news stories about OCEANPAL INC that investors may wish to consider to help them evaluate OP as an investment opportunity.
OceanPal Third Quarter 2024 Earnings: US$0.083 loss per share (vs US$1.06 loss in 3Q 2023)OceanPal ( NASDAQ:OP ) Third Quarter 2024 Results Key Financial Results Revenue: US$7.50m (up 94% from 3Q 2023). Net... |
OceanPal Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2024ATHENS, 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 |
OceanPal Insider Ups Holding During YearFrom what we can see, insiders were net buyers in OceanPal Inc.'s ( NASDAQ:OP ) during the past 12 months. That is... |
Oceanpal Inc. Announces Delivery of the MR2 Tanker Vessel Zeze StartATHENS, 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 div |
OceanPal Second Quarter 2024 Earnings: US$1.16 loss per share (vs US$0.28 profit in 2Q 2023)OceanPal ( NASDAQ:OP ) Second Quarter 2024 Results Key Financial Results Revenue: US$6.74m (up 25% from 2Q 2023). Net... |
OceanPal Inc. Reports Financial Results For The Second Quarter And Six Months Ended June 30, 2024ATHENS, Greece, Aug. 07, 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 $6.7 million, a net loss of $8.2 million and net loss attributed to common stockholders of $8.6 million for the second quarter of 2024. This compares to time charter revenues of $5.4 million, a net income of $1.3 million and net income attributed to common stockholders of $483 thousand for the sec |
OceanPal Inc. Announces Agreement to Acquire an MR2 Tanker VesselATHENS, Greece, July 16, 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 signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to acquire an MR2 tanker vessel, the m/t Zeze Start (the “Vessel”), for an aggregate purchase price of $27.0 million from an entity controlled by a director of the Company. The transaction was unanimously approved by th |
OceanPal Inc. Reports Financial Results for the First Quarter Ended March 31, 2024ATHENS, 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 quar |
One OceanPal Insider Raised Their Stake In The Previous YearLooking at OceanPal Inc.'s ( NASDAQ:OP ) insider transactions over the last year, we can see that insiders were net... |
OceanPal Inc. Announces Results of 2024 Annual Meeting of ShareholdersATHENS, 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 shareholder |