OceanPal Inc. (SVRN)

NASDAQ: SVRN · Real-Time Price · USD
0.2721
+0.0510 (23.07%)
At close: Mar 19, 2026, 4:00 PM EDT
0.2708
-0.0013 (-0.48%)
After-hours: Mar 19, 2026, 7:57 PM EDT
Market Cap1.82M -75.7%
Revenue (ttm)19.44M -12.1%
Net Income-21.32M
EPS-71.10
Shares Out 6.70M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume80,870,056
Open0.2660
Previous Close0.2211
Day's Range0.2396 - 0.2982
52-Week Range0.2211 - 79.2500
Beta1.25
Analystsn/a
Price Targetn/a
Earnings DateApr 8, 2026

About SVRN

OceanPal Inc. provides ocean-going transportation services worldwide. It owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including steel products, cement, and fertilizers. As of December 31, 2023, the company’s fleet consists of three Panamax dry bulk carriers with a total cargo carrying capacity of approximately 223,546 dwt; and one MR2 product tanker vessel with a carrying capacity of 49,999 dwt. OceanPal Inc. was incorporated in 2021 and is based in Athens, Greece.

Founded 2021
Country Greece
Stock Exchange NASDAQ
Ticker Symbol SVRN
Full Company Profile

Financial Performance

In 2024, OceanPal's revenue was $25.70 million, an increase of 35.58% compared to the previous year's $18.96 million. Losses were -$19.73 million, 194.2% more than in 2023.

Financial Statements

News

OceanPal Receives Nasdaq Staff Determination Regarding Minimum Bid Price Deficiency; Intends to Request Hearing Before Independent Panel

Staff Determination Issued Pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iv) Following Prior Reverse Stock Split; Company's Hearing Request Will Automatically Stay Any Suspension or Delisting Action P...

6 days ago - PRNewsWire

SVRN Appoints G-20 Group to Manage NEAR Treasury Yield Strategy

Mandate aims to generate risk-managed yield on SVRN's NEAR holdings to help fund AI infrastructure growth ATHENS, Greece and NEW YORK, Feb. 11, 2026 /PRNewswire/ -- SovereignAI Services LLC ("SVRN"), ...

5 weeks ago - PRNewsWire

OceanPal Inc. Announces Engagement of CBIZ CPAs P.C. as New Independent Registered Public Accounting Firm

ATHENS, Greece, Jan. 30, 2026 /PRNewswire/ -- OceanPal Inc. ("OP" or "the Company", NASDAQ: SVRN) today announced that its Board of Directors has appointed CBIZ CPAs P.C., ("CBIZ CPAs"), as the Compan...

6 weeks ago - PRNewsWire

OceanPal Inc. Announces Final Results of Tender Offer for its Series D Preferred Stock

ATHENS, Greece, Jan. 13, 2026 /PRNewswire/ -- OceanPal Inc. ("OceanPal" or "OP", NASDAQ: SVRN), announces today the final results of its tender offer (the "Offer"), which expired at 5:00 P.M. Eastern ...

2 months ago - PRNewsWire

OceanPal Inc. Announces Accrued Dividend Payment in Tender Offer

ATHENS, Greece , Dec. 11, 2025 /PRNewswire/ -- OceanPal Inc. ("OceanPal" or "OP", NASDAQ: SVRN), previously announced its offer to purchase any and all outstanding shares of its 7.0% Series D Cumulati...

3 months ago - PRNewsWire

OceanPal Inc. Announces Commencement of Self Tender Offer

To Purchase All Outstanding Shares of its 7.0% Series D Cumulative Convertible Perpetual Preferred Stock ATHENS, Greece and NEW YORK , Dec. 3, 2025 /PRNewswire/ -- OceanPal Inc. ("OceanPal" or "OP", N...

3 months ago - PRNewsWire

OceanPal Inc. Announces Up to US$10 Million Share Repurchase Program

ATHENS, Greece , Dec. 1, 2025 /PRNewswire/ -- OceanPal Inc. ("OceanPal", "SVRN", or "the Company", NASDAQ: SVRN) today announced that the board of directors of the Company (the "Board") has authorized...

3 months ago - PRNewsWire

OceanPal Announces SovereignAI's Total Treasury Holdings Exceed $133 Million of NEAR;Ticker Symbol Change to SVRN

SovereignAI treasury currently holds 53.9 million NEAR token with a value of approximately $133 million as of November 13, 2025 at 12PM EST Current treasury holdings represent approximately 4.2% of to...

4 months ago - PRNewsWire

OceanPal Inc. Announces NASDAQ Ticker Change from "OP" to "SVRN"

ATHENS, Greece and NEW YORK , Nov. 14, 2025 /PRNewswire/ -- OceanPal Inc. (NASDAQ: OP) ("OceanPal" or the "Company") today announced that it plans to change its stock ticker symbol from "OP" to "SVRN"...

4 months ago - PRNewsWire

OceanPal in Partnership with NEAR Foundation Announces $120M PIPE Investment to Launch SovereignAI to Buildout Near-Powered AI Infrastructure

OceanPal launches SovereignAI focused on commercializing the NEAR Protocol Deep alignment on a shared vision for universal AI sovereignty with the NEAR Foundation will facilitate the implementation of...

5 months ago - PRNewsWire

OceanPal Inc. Announces Reverse Stock Split to Be Effective August 25, 2025

ATHENS, Greece, Aug. 21, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced today that its board of dire...

7 months ago - GlobeNewsWire

OceanPal Inc. Reports Financial Results for the Six Months Ended June 30, 2025

ATHENS, Greece, Aug. 08, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported time charter revenues o...

7 months ago - GlobeNewsWire

OceanPal Inc. Announces Closing of Upsized US$18.0 Million Public Offering

ATHENS, Greece, July 22, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced the closing of its ups...

8 months ago - GlobeNewsWire

OceanPal Inc. Announces Pricing of Upsized US$18.0 Million Public Offering

ATHENS, Greece, July 21, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced the pricing of its ups...

8 months ago - GlobeNewsWire

OceanPal Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement

ATHENS, Greece, July 01, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that the Company has r...

9 months ago - GlobeNewsWire

OceanPal Inc. Announces the Sale of M/V Protefs

ATHENS, Greece, June 02, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separa...

10 months ago - GlobeNewsWire

OceanPal Inc. Announces Results of 2025 Annual Meeting of Shareholders

ATHENS, Greece, May 21, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that the Company's Annu...

10 months ago - GlobeNewsWire

OceanPal Inc. Announces Receipt of Nasdaq Notice

ATHENS, Greece, April 23, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has received ...

11 months ago - GlobeNewsWire

OceanPal Inc. Announces the Filing of Its Annual Report on Form 20-F

ATHENS, Greece, April 16, 2025 (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...

1 year ago - GlobeNewsWire

OceanPal Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2024

ATHENS, Greece, April 09, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported vessel revenues of $5....

1 year ago - GlobeNewsWire

OceanPal Inc. Announces the Sale of M/V Salt Lake City

ATHENS, Greece, Jan. 21, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separa...

1 year ago - GlobeNewsWire

OceanPal Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2024

ATHENS, Greece, Dec. 20, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported vessel revenues of $7.5...

1 year ago - GlobeNewsWire

Oceanpal Inc. Announces Delivery of the MR2 Tanker Vessel Zeze Start

ATHENS, Greece, Sept. 09, 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 ...

1 year ago - GlobeNewsWire

OceanPal Inc. Reports Financial Results For The Second Quarter And Six Months Ended June 30, 2024

ATHENS, Greece, Aug. 07, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported time charter revenues o...

1 year ago - GlobeNewsWire

OceanPal Inc. Announces Agreement to Acquire an MR2 Tanker Vessel

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 h...

1 year ago - GlobeNewsWire