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OceanPal (NASDAQ:OP) announced the cancellation of the time charter contract with Crystal Sea Shipping for its Panamax dry bulk vessel, m/v Calipso. Charterers exercised their right to cancel the contract since the vessel was not delivered, due to unforeseen delays during berthing and dischar...
ATHENS, Greece, Feb. 18, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced the cancellation of the time charter contract with Crystal Sea Shipping Co., Limited for its Panama...
OceanPal (NASDAQ:OP) has announced a time charter contract for its 2005-built "Calipso" Panamax dry bulk vessel. The 73,691-dwt vessel was chartered to Crystal Sea Shipping at $22.50K/day for a minimum period of around 3 months up to maximum July 10, 2022; charter is expected to commence on F...
ATHENS, Greece, Feb. 11, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, it has entered into a time charter contract with Crystal Sea Shipping Co., Limited for its Pa...
Discussing outrageous terms of recent capital raise. Shares have remained under pressure in recent weeks likely due to insiders disposing of their remaining holdings. Outlining additional dilution potential from Preferred Convertible Stock issued to former parent Diana Shipping. ...
Shares lift from all-time lows after the company reported strong fourth quarter results. Recent weakness in both former meme stocks and dry bulk charter rates have resulted in shares now trading at an approximately 75% discount to net asset value. While market weakness is likely t...
Initiating coverage of Imperial Petroleum, a small, Greece-based oil tanker operator recently spun-off by StealthGas. Company has stated its intent to raise additional equity to renew and expand its fleet. Discussing ugly terms of last week's equity offering. Massive dilution resu...
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Gainers: Quest Resource Holding Corporation (NASDAQ:QRHC) +8%. Losers: Smith & Wesson Brands (NASDAQ:SWBI) -29%. Antelope Enterprise Holdings Limited (NASDAQ:AEHL) -16%. Ideal Power (NASDAQ:IPWR) -15%. OceanPal (NASDAQ:OP) -13%. Xos (NASDAQ:XOS) -12%. For further details ...
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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...