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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...
It might be too late to capture some of the remarkable upside potential of Ethereum , which is still up more than 41,000% since its launch in 2015. But it's not too late to capture some of the explosive potential of smaller, super-cheap cryptos that are directly leveraged to the fu...
Summary United Maritime sells a pair of recently acquired Aframax tankers for an estimated 70%+ gain within just three months. After diluting shareholders soon after completing its spin-off from Seanergy Maritime in July, the company surprisingly reversed course and repurchased ap...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s imperative to understand that not all of the best long-term stocks are typically high risk, high reward. They require investors to believe in their long-term potential to gain traction and cement their positioni...
In the run-up to The Merge, some investors focused on Polygon (CRYPTO: MATIC) as a potential beneficiary of the major technological upgrade Ethereum (CRYPTO: ETH) was about to undergo. After all, Polygon is generally considered to be the premier Layer 2 scaling solution ...
Summary While my negative perception of the company hasn't changed, the common shares might present a decent trading opportunity ahead of anticipated strong Q3 results. Outlining expectations for revenues to almost double and EBITDA to triple quarter-over-quarter as a result of on...
OceanPal ( NASDAQ: OP ) has taken delivery of the m/v Baltimore and chartered it to Hyundai Glovis for a gross charter rate of $15K/day. The 2005 built Capesize dry bulk vessel of 177,243 dwt was chartered for a trip of about thirty-five days. In the event that the trip du...
ATHENS, Greece, Sept. 21, 2022 (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 taken delivery of the m/v Baltimore, a 20...
Summary Small, Greece-based dry bulk shipper is trading at an eye-catching discount to net asset value ("NAV"). Market environment has weakened in recent month due to a lack of Chinese demand, recession fears and rapidly easing port congestion. Ongoing strength in the second-h...
Summary Small, Greece-based tanker operator continues to grow the company to the detriment of common shareholders. Discussing ugly terms of the most recent equity offerings and updating net asset value estimates. Company has used the offering proceeds to acquire two additional...
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ATHENS, 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 o...
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 stockhol...
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 Ma...