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The company reported respectable first quarter results and declared a quarterly dividend of $0.025 per share. It repurchased another $10 million in potentially dilutive convertible notes. Prospects for the dry-bulk shipping industry remain solid based on very limited fleet growth ...
Discussing onerous terms of last week's equity offering and updating net asset value estimates. Providing additional details on the company's recent exchange offer. Friday's sell-off will likely result in the requirement to conduct another reverse stock split next year. Expect...
ATHENS, Greece, April 07, 2022 (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 he...
ATHENS, Greece, April 07, 2022 (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 2021 Annual Report on Form 20-F with the United States Securities and Exchan...
ATHENS, Greece, April 01, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that the Annual Meeting of Shareholders of the Company (the “Meeting”) held in virtu...
OceanPal (NASDAQ:OP) declares $0.05/share quarterly dividend. Forward yield 30.03% Payable April 11; for shareholders of record April 1; ex-div March 31. See OP Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: OceanPal declares $0.05 dividend
OceanPal press release (NASDAQ:OP): Q4 Non-GAAP EPS of $0.01. Revenue of $1.33M. For further details see: OceanPal Non-GAAP EPS of $0.01, revenue of $1.33M
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 t...
Global shipping company OceanPal (OP) has been losing momentum of late, owing to the Russia-Ukraine war and concerns about the Fed’s impending interest rate increases. However, as global shipping demand rebounds with continuing supply chain constraints, we think it could be wise to add...
OceanPal (NASDAQ:OP) received a written notice from the Nasdaq indicating that it is not in compliance with the minimum bid price requirement of $1/share. The company has 180 days, or until September 5, 2022 to regain compliance. In the event OP does not regain compliance within 180...
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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...