OceanPal (OP)
Combines vessel-owning maritime transport with a NEAR Protocol digital-asset treasury business.
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Combines vessel-owning maritime transport with SovereignAI, a wholly owned NEAR Protocol digital-asset treasury business. Its compact fleet includes dry-bulk carriers and a product tanker, while SovereignAI accumulates tokens and provides institutional staking.
Runs a maritime transport division with two Panamax dry-bulk carriers and an MR2 product tanker, moving dry bulk and refined petroleum products in worldwide ocean transportation. The fleet remains an operating business after the 2025 sales reduced it to three vessels. The division continues worldwide ocean transportation through its owned fleet.
Through wholly owned SovereignAI Services, it also operates a NEAR Protocol digital-asset treasury business built around token accumulation and institutional staking. The two segments combine vessel ownership with a treasury operation whose activity is tied to the NEAR Protocol.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Dec 31, 2025Cash & short-term investments $33.2M · Total debt $0 · Total assets $165.5M · Shareholders' equity $156.6M
- Revenue
- $3.6M
- Operating income
- −$10.4M
- Net income
- −$27.4M
HistoryDividendAnnual yield
| Institutions | 0.00% | 17 ADS | |
|---|---|---|---|
| 1 holder · as of Sep 30, 2025 | |||
| Strategic holders | 10.95% | 3.41M ADS | |
| 1 holder · as of Nov 4, 2025 | |||
| Other | 89.05% | 27.71M ADS | |
| remainder | |||
31.12M ADS (1 ADS = 0 ordinary shares) as of Aug 5, 2026 · institutions as of Sep 30, 2025 · holders as of their latest filing
The share count is from the company's Dec 2023 annual report; nothing newer is on file here.
A stock split fell inside the quarter, so quarter-on-quarter changes are not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Near FoundationStrategic | 10.95% | 3.41M | filed Nov 4, 2025 |
Advisor Group Holdings, Inc.Institution | 0.00% | 17 ADS | as of Sep 30, 2025 |
4 Sweet Dreams S.A.Insider | —19.47% of class, as filed | — | filed Jan 26, 2026 |
Anamar Investments Inc.Strategic | —13.49% of class, as filed | — | filed Oct 17, 2024 |
Blackdragon Ventures LLCStrategic | —10.40% of class, as filed | — | filed Feb 12, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Star Bulk Carriers
Large-scale dry-bulk chartering across Kamsarmax and Panamax markets
- Diana Shipping
Panamax dry-bulk chartering overlap
- Safe Bulkers
Panamax dry-bulk chartering with a modern fleet
- Pyxis Tankers
MR2 refined-products carriage and mid-sized dry bulk
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| OceanPal | $6.01 | −1.64% | $187.0M | — | — | — | — |
| Star Bulk Carriers | $31.15 | −1.83% | $3.54B | 12.4 | 7.3 | 2.9 | +61.6% |
| Diana Shipping | $2.93 | −1.52% | $366.9M | 6.1 | 6.1 | 1.7 | +4.8% |
| Safe Bulkers | $8.54 | −3.78% | $903.2M | 11.4 | 12.5 | 2.9 | +33.0% |
| Pyxis Tankers | $6.77 | −3.97% | $72.2M | 8.7 | — | 1.7 | +32.6% |
| Median | 10.1 | 7.3 | 2.3 | +32.8% |