OceanPal Inc. Common Stock
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Salvatore Ternullo
- Full Time Employees
- 87
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- Pendelis 26 Athens Greece 175 64
- IPO Date
- Nov 17, 2025
- CIK
- 0001869467
- Website
- oceanpal.com
- Similar Companies
- Business
- OceanPal Inc. (NASDAQ: SVRN) provides ocean-going transportation services worldwide through the ownership, operation and chartering of dry bulk carriers and product tankers. The company owns a fleet consisting of three Panamax dry bulk vessels with a total cargo carrying capacity of approximately 223,546 dwt, which transport major bulks including iron ore, coal and grains as well as minor bulks such as steel products, cement, bauxite, phosphate and fertilizers, and one MR2 product tanker vessel with a carrying capacity of 49,999 dwt that transports refined petroleum products. Technical management is provided by Diana Wilhelmsen Management Limited and Anglo-Eastern Shipmanagement (Singapore) Pte Ltd; commercial and administrative services are handled by Steamship Shipbroking Enterprises Inc. and Sea Transportation Inc. OceanPal Inc. was incorporated in 2021 and maintains its headquarters at Pendelis 26, Palaio Faliro, Athens, Greece; the company operates globally with vessels managed through wholly-owned subsidiaries and is incorporated in the Marshall Islands. Recent developments include the acquisition and delivery of the MR2 tanker vessel Zeze Start in 2024; the sale of the dry bulk vessel m/v Salt Lake City; a NASDAQ ticker symbol change from OP to SVRN in November 2025; a partnership with NEAR Foundation announcing a $120M PIPE in October 2025; the announcement of up to US$10 million share repurchase program in December 2025; a reverse stock split approved at the 2025 annual shareholder meeting; and entry into a support agreement with Sphinx Investment Corp. including strategic advisory from Mr. Economou.
OceanPal Inc. Receives Nasdaq Notification Regarding Late Filing of Form 20-F
OceanPal Inc. Announces 2026 Annual General Meeting of Shareholders to be Held on June 16, 2026
OceanPal Inc. Regains Nasdaq Compliance
OceanPal Inc. Discloses Share Repurchases Under Existing Board-Authorized Program; Establishes 0.8x mNAV as a Target Repurchase Threshold
OceanPal Inc. Announces Reverse Stock Split to be Effective March 30, 2026
OceanPal Inc. Reports Financial Results for the Year Ended December 31, 2025, and Introduces 2026 Guidance
Why OceanPal Stock (SVRN) Jumped 40% In After-Hours Trading
OceanPal Receives Nasdaq Staff Determination Regarding Minimum Bid Price Deficiency; Intends to Request Hearing Before Independent Panel
OceanPal (SVRN) Surges 103% After Hours: What You Should Know
SVRN Appoints G-20 Group to Manage NEAR Treasury Yield Strategy
OceanPal Inc. Announces Engagement of CBIZ CPAs P.C. as New Independent Registered Public Accounting Firm
OceanPal Inc. Announces Final Results of Tender Offer for its Series D Preferred Stock