ATHENS, GREECE, December 20, 2024 –
OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company
specializing in the ownership of vessels, today reported vessel revenues of
$7.5 million, a net loss of $0.2 million and net loss attributed to common
stockholders of $0.6 million for the third quarter of 2024. This compares to
vessel revenues of $3.9 million, a net loss of $3.4 million and net loss
attributed to common stockholders of $3.9 million for the third quarter of
2023.
For the nine months ended September
30, 2024, the Company reported vessel revenues of $19.9 million, a net loss of
$9.7 million and net loss attributed to common stockholders of $10.9 million.
This compares to vessel revenues of $13.1 million, a net loss of $2.0 million
and net loss attributed to common stockholders of $3.9 million for the nine
months ended September 30, 2023…
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