OP - Earnings announcements

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, 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

ATHENS, Greece, March 28, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, will hold its annual meeting of shareholders (the "Annual Meeting") at 8:00 a.m. Eastern Standard Time on May 3, 2023. The Annual Meeting will be held in a virtual format. All shareholders of record as of March 21, 2023, who wish to attend may do so by following the instructions included in the Notice of Annual Meeting of Shareholders and accompanying proxy statement which is available on the SEC website at https://www.sec.gov/edgar/browse/?CIK=1869467&owner=exclude or by referring to the Company's website at www.oceanpal.com. Ab

ATHENS, Greece, Nov. 29, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today reported 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. This compares to a net loss of $8 thousand and net loss attributed to common stockholders of $8 thousand for the third quarter of 2021. The Company's operations for the third quarter of 2021 consisted principally of organizational expenses. Net income for the nine months ended September 30, 2022 amounted to $2.2 million and net income

ATHENS, Greece, Aug. 02, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today reported 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, 2022 amounted to $1.1 million and net loss attributed to common stockholders amounted to $277 thousand. Time charter revenues for the same period were $8.3 million. Dividend Declaration The Company declared a cash dividend on its common stock of $0.01 per share for the second quarter en

ATHENS, Greece, June 03, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, today reported 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. Dividend Declaration The Company declared a cash dividend on its common stock of $0.01 per share for the first quarter ended March 31, 2022. The cash dividend will be payable on or about June 21, 2022 to all common shareholders of record as of June 14, 2022. The Company has 29.83 million shares of common stock issued and outstandin

ATHENS, Greece, March 22, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP), (the "Company"), a global shipping company specializing in the ownership of vessels, today reported net income of $134 thousand and net income attributed to common stockholders of $65 thousand for the period from inception date April 15, 2021 to December 31, 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 of the vessels starting from November 30, 2021. Operations prior to the November 30, 2021 consisted principally of organizational expenses On November 29, 2021

ATHENS, Greece, March 01, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (the "Company"), a global shipping company specializing in the ownership of vessels, will hold its first annual meeting of shareholders (the "Annual Meeting") at 8:00 a.m. Eastern Standard Time on March 31, 2022. The Annual Meeting will be held in a virtual format. All shareholders of record as of February 17, 2022, who wish to attend may do so by following the instructions included in the Notice of Annual Meeting of Shareholders and accompanying proxy statement which is available on the SEC website at https://www.sec.gov/edgar/browse/?CIK=1869467&owner=exclude or by referring to the Company's website at www.ocean