OceanPal Inc. filings document a foreign private issuer with shipping operations, a NEAR Protocol treasury strategy and recurring capital-structure activity. Form 6-K reports cover financial results, vessel revenue, staking reward income, reverse stock splits, articles amendments, Nasdaq listing compliance matters and updates incorporated by reference into the company’s shelf registration statements.
The filing record also addresses governance and reporting controls, including director changes, corporate secretary changes and engagement of an independent registered public accounting firm. Registration and current-report disclosures describe common shares, warrants, offering activity, risk and compliance topics, and the company’s transition from a pure shipping operator toward a diversified model that includes SovereignAI Services LLC.
Amendment No. 41 to a Schedule 13D filed by Semiramis Paliou, Tuscany Shipping Corp. and 4 Sweet Dreams S.A. reports changes tied to convertible preferred shares of OceanPal Inc. The Amendment states a decrease in the Reporting Persons' percentage ownership that results from a change in the conversion price of Series C and Series D preferred stock. The Reporting Persons disclose beneficial ownership of 11,111,711 common shares, representing 62.40% of the outstanding common stock, based on conversion rights of Series C and Series D preferred shares. Tuscany holds Series D preferred shares convertible into 7,265,142 shares (52.04%). 4 Sweet Dreams holds Series D and Series C positions convertible into 3,846,569 shares (36.49% combined). The Amendment reiterates that these holdings are subject to ownership and conversion restrictions in the statements of designation and states the Reporting Persons acquired these positions through equity awards, distributions and a share purchase agreement.
OceanPal Inc. Schedule 13D/A Amendment No. 20: The Reporting Persons, Abra Marinvest Inc. and Ioannis Zafirakis, disclose that they may beneficially own 3,689,336 common shares, representing 35.52% of OceanPal's 6,696,039 outstanding shares as of September 16, 2025. This ownership arises from convertible Series D Preferred (3,104 shares convertible into 2,652,084 common shares, 25.53%) and Series C Preferred (1,214 shares convertible into 1,037,252 common shares, 9.99%). Conversions are subject to anti-49% ownership restrictions. The Reporting Persons state their holdings were acquired through equity awards, preferred issuances and distributions and characterize their purpose as investment while reserving rights to engage with management and other shareholders.
OceanPal Inc. Schedule 13D/A Amendment No. 20: The Reporting Persons, Abra Marinvest Inc. and Ioannis Zafirakis, disclose that they may beneficially own 3,689,336 common shares, representing 35.52% of OceanPal's 6,696,039 outstanding shares as of September 16, 2025. This ownership arises from convertible Series D Preferred (3,104 shares convertible into 2,652,084 common shares, 25.53%) and Series C Preferred (1,214 shares convertible into 1,037,252 common shares, 9.99%). Conversions are subject to anti-49% ownership restrictions. The Reporting Persons state their holdings were acquired through equity awards, preferred issuances and distributions and characterize their purpose as investment while reserving rights to engage with management and other shareholders.
OceanPal Inc. reporting persons Semiramis Paliou, Tuscany Shipping Corp. and 4 Sweet Dreams S.A. filed Amendment No. 40 to their Schedule 13D to report an increase in beneficial ownership arising from convertible Series C and Series D preferred shares becoming convertible due to a change in conversion price. As of September 16, 2025 the Issuer had 6,696,039 common shares outstanding and the Reporting Persons report beneficial ownership of 12,288,959 shares, representing 64.73% of the issued and outstanding common shares. Tuscany holds Series D convertible into 8,034,859 shares (54.54%) and 4 Sweet Dreams holds Series D and Series C convertible into 4,254,100 and 3,110,047 shares respectively. Conversions are subject to ownership restrictions that limit conversion to avoid beneficial ownership above 49% from each preferred series.
OceanPal Inc. reporting persons Semiramis Paliou, Tuscany Shipping Corp. and 4 Sweet Dreams S.A. filed Amendment No. 40 to their Schedule 13D to report an increase in beneficial ownership arising from convertible Series C and Series D preferred shares becoming convertible due to a change in conversion price. As of September 16, 2025 the Issuer had 6,696,039 common shares outstanding and the Reporting Persons report beneficial ownership of 12,288,959 shares, representing 64.73% of the issued and outstanding common shares. Tuscany holds Series D convertible into 8,034,859 shares (54.54%) and 4 Sweet Dreams holds Series D and Series C convertible into 4,254,100 and 3,110,047 shares respectively. Conversions are subject to ownership restrictions that limit conversion to avoid beneficial ownership above 49% from each preferred series.
Eleftherios Papatrifon filed Amendment No. 15 to his Schedule 13D for OceanPal Inc., reporting an increased beneficial ownership driven by changes to the conversion price of the Issuer's Series C and Series D preferred stock. As of September 16, 2025, OceanPal had 6,696,039 common shares outstanding and the Reporting Person beneficially owned 1,819,036 shares, representing 21.36% of the outstanding common stock. The holding reflects ownership of 915 Series D preferred shares (convertible into 781,784 common shares, or 9.18%) and 1,214 Series C preferred shares (convertible into 1,037,252 common shares, or 12.18%). The Reporting Person is a member of the Issuer's Board and Executive Committee and states these holdings are for investment purposes while reserving rights to acquire or dispose of shares.
Eleftherios Papatrifon filed Amendment No. 15 to his Schedule 13D for OceanPal Inc., reporting an increased beneficial ownership driven by changes to the conversion price of the Issuer's Series C and Series D preferred stock. As of September 16, 2025, OceanPal had 6,696,039 common shares outstanding and the Reporting Person beneficially owned 1,819,036 shares, representing 21.36% of the outstanding common stock. The holding reflects ownership of 915 Series D preferred shares (convertible into 781,784 common shares, or 9.18%) and 1,214 Series C preferred shares (convertible into 1,037,252 common shares, or 12.18%). The Reporting Person is a member of the Issuer's Board and Executive Committee and states these holdings are for investment purposes while reserving rights to acquire or dispose of shares.
The Reporting Persons filed Amendment No. 13 to Schedule 13D relating to OceanPal Inc. common shares. Following the Issuer's July 22, 2025 stock and warrant offering and an approximate 1:25 reverse stock split effective on or about August 25, 2025, the Reporting Persons' previously held 1,050,505 shares were transformed into 42,020 post-split shares. On September 4, 2025, the Reporting Persons sold 42,016 of those post-split shares in the open market, leaving an aggregate reported beneficial ownership of 4 shares, representing approximately 0.0% of the outstanding common shares based on 6,696,102 post-split shares. This filing is described as the final amendment and an exit filing for the Reporting Persons.
The Reporting Persons filed Amendment No. 13 to Schedule 13D relating to OceanPal Inc. common shares. Following the Issuer's July 22, 2025 stock and warrant offering and an approximate 1:25 reverse stock split effective on or about August 25, 2025, the Reporting Persons' previously held 1,050,505 shares were transformed into 42,020 post-split shares. On September 4, 2025, the Reporting Persons sold 42,016 of those post-split shares in the open market, leaving an aggregate reported beneficial ownership of 4 shares, representing approximately 0.0% of the outstanding common shares based on 6,696,102 post-split shares. This filing is described as the final amendment and an exit filing for the Reporting Persons.
The Reporting Persons filed Amendment No. 13 to Schedule 13D relating to OceanPal Inc. common shares. Following the Issuer's July 22, 2025 stock and warrant offering and an approximate 1:25 reverse stock split effective on or about August 25, 2025, the Reporting Persons' previously held 1,050,505 shares were transformed into 42,020 post-split shares. On September 4, 2025, the Reporting Persons sold 42,016 of those post-split shares in the open market, leaving an aggregate reported beneficial ownership of 4 shares, representing approximately 0.0% of the outstanding common shares based on 6,696,102 post-split shares. This filing is described as the final amendment and an exit filing for the Reporting Persons.
The Reporting Persons filed Amendment No. 13 to Schedule 13D relating to OceanPal Inc. common shares. Following the Issuer's July 22, 2025 stock and warrant offering and an approximate 1:25 reverse stock split effective on or about August 25, 2025, the Reporting Persons' previously held 1,050,505 shares were transformed into 42,020 post-split shares. On September 4, 2025, the Reporting Persons sold 42,016 of those post-split shares in the open market, leaving an aggregate reported beneficial ownership of 4 shares, representing approximately 0.0% of the outstanding common shares based on 6,696,102 post-split shares. This filing is described as the final amendment and an exit filing for the Reporting Persons.
Amendment No. 14 to a Schedule 13D reports that Eleftherios Papatrifon increased his beneficial stake in OceanPal Inc. through ownership of convertible Series C and Series D preferred shares and vested equity awards. As of September 3, 2025, OceanPal had 6,696,039 common shares outstanding and the Reporting Person beneficially owned 1,085,006 shares, representing 13.94% of the class. That total reflects ownership of 915 Series D preferred shares convertible into 466,313 common shares and 1,214 Series C preferred shares convertible into 618,693 common shares, each subject to conversion restrictions that prevent beneficial ownership above 49%. The filing states acquisitions were through equity awards, distributions and a purchase from Abra Marinvest, and that the holdings are for investment purposes while the Reporting Person remains a board member.
Amendment No. 14 to a Schedule 13D reports that Eleftherios Papatrifon increased his beneficial stake in OceanPal Inc. through ownership of convertible Series C and Series D preferred shares and vested equity awards. As of September 3, 2025, OceanPal had 6,696,039 common shares outstanding and the Reporting Person beneficially owned 1,085,006 shares, representing 13.94% of the class. That total reflects ownership of 915 Series D preferred shares convertible into 466,313 common shares and 1,214 Series C preferred shares convertible into 618,693 common shares, each subject to conversion restrictions that prevent beneficial ownership above 49%. The filing states acquisitions were through equity awards, distributions and a purchase from Abra Marinvest, and that the holdings are for investment purposes while the Reporting Person remains a board member.
Amendment No. 14 to a Schedule 13D reports that Eleftherios Papatrifon increased his beneficial stake in OceanPal Inc. through ownership of convertible Series C and Series D preferred shares and vested equity awards. As of September 3, 2025, OceanPal had 6,696,039 common shares outstanding and the Reporting Person beneficially owned 1,085,006 shares, representing 13.94% of the class. That total reflects ownership of 915 Series D preferred shares convertible into 466,313 common shares and 1,214 Series C preferred shares convertible into 618,693 common shares, each subject to conversion restrictions that prevent beneficial ownership above 49%. The filing states acquisitions were through equity awards, distributions and a purchase from Abra Marinvest, and that the holdings are for investment purposes while the Reporting Person remains a board member.
Amendment No. 39 to a Schedule 13D for OceanPal Inc. reports that Semiramis Paliou and related entities now beneficially own a majority of the company's common stock. The Reporting Persons — Paliou, Tuscany Shipping Corp. and 4 Sweet Dreams S.A. — may be deemed to beneficially own 7,730,036 shares, representing 52.26% of OceanPal's 6,696,039 issued and outstanding shares as of September 3, 2025. Tuscany holds Series D Preferred convertible into 4,792,579 shares (41.72%), and 4 Sweet Dreams holds Series D and Series C preferred convertible into 2,537,457 shares (27.48% combined). Ownership is subject to conversion restrictions that limit conversions to prevent ownership above 49% in certain circumstances. Paliou is Chairperson and a director and may influence corporate actions; the holdings were acquired via equity awards, distributions and purchases for investment purposes.
Amendment No. 39 to a Schedule 13D for OceanPal Inc. reports that Semiramis Paliou and related entities now beneficially own a majority of the company's common stock. The Reporting Persons — Paliou, Tuscany Shipping Corp. and 4 Sweet Dreams S.A. — may be deemed to beneficially own 7,730,036 shares, representing 52.26% of OceanPal's 6,696,039 issued and outstanding shares as of September 3, 2025. Tuscany holds Series D Preferred convertible into 4,792,579 shares (41.72%), and 4 Sweet Dreams holds Series D and Series C preferred convertible into 2,537,457 shares (27.48% combined). Ownership is subject to conversion restrictions that limit conversions to prevent ownership above 49% in certain circumstances. Paliou is Chairperson and a director and may influence corporate actions; the holdings were acquired via equity awards, distributions and purchases for investment purposes.
Amendment No. 39 to a Schedule 13D for OceanPal Inc. reports that Semiramis Paliou and related entities now beneficially own a majority of the company's common stock. The Reporting Persons — Paliou, Tuscany Shipping Corp. and 4 Sweet Dreams S.A. — may be deemed to beneficially own 7,730,036 shares, representing 52.26% of OceanPal's 6,696,039 issued and outstanding shares as of September 3, 2025. Tuscany holds Series D Preferred convertible into 4,792,579 shares (41.72%), and 4 Sweet Dreams holds Series D and Series C preferred convertible into 2,537,457 shares (27.48% combined). Ownership is subject to conversion restrictions that limit conversions to prevent ownership above 49% in certain circumstances. Paliou is Chairperson and a director and may influence corporate actions; the holdings were acquired via equity awards, distributions and purchases for investment purposes.
OceanPal Inc. Schedule 13D Amendment No. 19 reports that Abra Marinvest Inc. and its sole owner, Ioannis Zafirakis, may be deemed to beneficially own 2,200,590 common shares, or 24.74% of OceanPal's 6,696,039 outstanding shares as of September 3, 2025. That beneficial ownership arises from Abra's holdings of Series D Preferred (3,104 shares, convertible into 1,581,897 common shares, ~17.78%) and Series C Preferred (1,214 shares, convertible into 618,693 common shares, ~6.95%). The filing states conversions are subject to ownership restrictions (preventing conversions that would exceed 49%) and that the holdings were acquired through equity awards, distributions and issuances related to vessel purchases and distributions.
OceanPal Inc. Schedule 13D Amendment No. 19 reports that Abra Marinvest Inc. and its sole owner, Ioannis Zafirakis, may be deemed to beneficially own 2,200,590 common shares, or 24.74% of OceanPal's 6,696,039 outstanding shares as of September 3, 2025. That beneficial ownership arises from Abra's holdings of Series D Preferred (3,104 shares, convertible into 1,581,897 common shares, ~17.78%) and Series C Preferred (1,214 shares, convertible into 618,693 common shares, ~6.95%). The filing states conversions are subject to ownership restrictions (preventing conversions that would exceed 49%) and that the holdings were acquired through equity awards, distributions and issuances related to vessel purchases and distributions.
OceanPal Inc. Schedule 13D Amendment No. 19 reports that Abra Marinvest Inc. and its sole owner, Ioannis Zafirakis, may be deemed to beneficially own 2,200,590 common shares, or 24.74% of OceanPal's 6,696,039 outstanding shares as of September 3, 2025. That beneficial ownership arises from Abra's holdings of Series D Preferred (3,104 shares, convertible into 1,581,897 common shares, ~17.78%) and Series C Preferred (1,214 shares, convertible into 618,693 common shares, ~6.95%). The filing states conversions are subject to ownership restrictions (preventing conversions that would exceed 49%) and that the holdings were acquired through equity awards, distributions and issuances related to vessel purchases and distributions.
OceanPal Inc. filed a Form 6-K reporting that Exhibit 99.1 contains Management's Discussion and Analysis of Financial Condition and Results of Operations and unaudited interim consolidated financial statements and accompanying notes as of June 30, 2025 and for the six-month periods ended June 30, 2025 and 2024. The filing indicates the registrant files annual reports on Form 20-F and states that the information in this Form 6-K is incorporated by reference into the company’s previously filed Form F-3 registration statements (File Nos. 333-269961 and 333-273073).
The report is signed by the Chief Financial Officer, Vasiliki Plousaki, and serves to furnish the specified interim disclosure to the SEC and investors. This 6-K itself does not include numerical financial results within the text provided here but points readers to Exhibit 99.1 for the detailed MD&A and interim financial statements.
OceanPal Inc. filed an amendment to its Amended and Restated Articles of Incorporation with the Registrar of Corporations of the Republic of the Marshall Islands on August 22, 2025 to effect a reverse stock split. The Form 6-K states that Exhibit 3.1 is the Articles of Amendment implementing that corporate action. The report also notes that this Form 6-K information is incorporated by reference into the company’s previously effective Form F-3 registration statements dated April 18, 2023 and July 14, 2023. The filing is signed by Robert Perri, Chief Executive Officer.