ATHENS, GREECE, August 8,
2023 – 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 amounted to $24 thousand. Time charter revenues for the same
period were $9.3 million. This compares to net income for the six months ended
June 30, 2022 of $1.1 million and net loss attributed to common stockholders of
$277 thousand. Time charter revenues for the same period were $8.2 million.
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