OceanPal Inc. (OP)

Provider of integrated marine logistics and transportation solutions, specializing in shipping and maritime services.

OP Stock Quote

Symbol: OP
Quote: 0.74
Change: +0.00
Change %: +0.01%
High: 0.76
Low: 0.70
Open: 0.72
Volume: 2,992
52 Week: 0.63-2.26
P/E Ratio: -0.28
EPS: -2.64
Market Cap: 5.55 M

Company Report

OceanPal Inc. specializes in global ocean transportation services, primarily focusing on drybulk carriers. These vessels are crucial for transporting essential commodities worldwide, including major bulks like iron ore, coal, and grains, as well as minor bulks such as bauxite, phosphate, and fertilizers. The company's fleet, as of October 31, 2022, comprises four dry bulk carriers. This fleet includes two Panamaxes and two Capesize vessels, boasting a combined cargo carrying capacity of approximately 496,374 deadweight tons.

Founded in 2021 and headquartered in Athens, Greece, OceanPal Inc. plays a pivotal role in the maritime industry by facilitating the efficient and reliable transportation of vital raw materials across international waters. The company's operations are strategically positioned to cater to global demand for bulk commodities, supporting industries ranging from steel production to agricultural exports.

OceanPal Inc. operates with a commitment to operational excellence and sustainability in maritime logistics. It leverages its modern fleet and operational expertise to ensure the safe and efficient delivery of cargoes worldwide. Through its robust fleet management and logistical capabilities, OceanPal Inc. continues to strengthen its position as a trusted partner in the global shipping industry

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OP Profile

Exchange: NASDAQ
Beta: 0.544
Industry: Marine Shipping
Sector: Industrials
Employees: 0
IPO Date: Nov 30, 2021

OP News

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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.

10 days ago
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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 comm...

1 months ago
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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 throu...

1 months ago
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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 ...

1 months ago
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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...

4 months ago

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