OceanPal Sells "Protefs" Vessel
Ticker: SVRN · Form: 6-K · Filed: Jun 2, 2025 · CIK: 1869467
| Field | Detail |
|---|---|
| Company | Oceanpal Inc. (SVRN) |
| Form Type | 6-K |
| Filed Date | Jun 2, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: vessel-sale, dry-bulk, shipping
TL;DR
OceanPal selling old ship "Protefs" - details in 6-K.
AI Summary
OceanPal Inc. announced on June 2, 2025, that it has entered into a Memorandum of Agreement to sell its 2004-built dry bulk vessel, the "Protefs," through a wholly-owned subsidiary to an unidentified third party. This information was disclosed in a Form 6-K filing with the SEC.
Why It Matters
The sale of the "Protefs" vessel could impact OceanPal's fleet size and future revenue streams from dry bulk transportation.
Risk Assessment
Risk Level: low — This filing is a routine report of a vessel sale, not indicating significant financial distress or major strategic shifts.
Key Players & Entities
- OceanPal Inc. (company) — Registrant
- Protefs (company) — Vessel name
- June 2, 2025 (date) — Announcement date
- 001-40930 (dollar_amount) — SEC File Number
FAQ
What is the name of the vessel OceanPal Inc. is selling?
OceanPal Inc. is selling the dry bulk vessel named "Protefs".
When was the announcement of the vessel sale made?
The announcement was made on June 2, 2025.
Through which type of subsidiary is the vessel being sold?
The vessel is being sold through a separate wholly-owned subsidiary.
What type of vessel is the "Protefs"?
The "Protefs" is a 2004-built dry bulk vessel.
What form is this SEC filing?
This SEC filing is a Form 6-K.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 2, 2025 regarding OceanPal Inc. (SVRN).