Filing Details
- Accession Number:
- 0001415889-22-001250
- Form Type:
- 13G Filing
- Publication Date:
- 2022-02-13 19:00:00
- Filed By:
- Hosking Partners
- Company:
- Oceanpal Inc.
- Filing Date:
- 2022-02-14
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Hosking Partners L | 415,258 | 0 | 89,593 | 0 | 504,851 | 5.72 (12) Type of Reporting Person (See Instructions) IA Item 1. (a) Name of Issuer OceanPal Inc. (b) Address of Issuer s Principal Executive Offices Pendelis 26, Palaio Faliro Athens, Greece, 175 64 Item 2. (a) Name of Person Filing Hosking Partners LLP (b) Address of Principal Business Office or, if none, Residence 2 St James s Market, London SW1Y 4AH (c) Citizenship United Kingdom (d) Title of Class of Securities Common Stock (e) CUSIP Number Y6430L103 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o) (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c) (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c) (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8) (e) x An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E) (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F) (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G) (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813) (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3) (j) Group, in accordance with 240.13d-1(b)(1)(ii)(J). Item 4. (a) Amount beneficially owned 504,851 (b) Percent of class 5.72% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
| OceanPal Inc. |
(Name of Issuer)
| Common Stock |
(Title of Class of Securities)
| Y6430L103 |
(CUSIP Number)
| December 31 , 2021 |
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
[ x ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. Y6430L103 | ||||||
| (1) | Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)
Hosking Partners LLP 000000 | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b)
Membership in Group is Disclaimed
| |||||
| (3) | SEC Use Only
| |||||
| (4) | Citizenship or Place of Organization
United Kingdom | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With | (5) | Sole Voting Power
415,258 | ||||
| (6) | Shared Voting Power
0 | |||||
| (7) | Sole Dispositive Power
89,593 | |||||
| (8) | Shared Dispositive Power
0 | |||||
| (9) | Aggregate Amount Beneficially Owned by Each Reporting Person
504,851 | |||||
| (10) | Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions) | |||||
| (11) | Percent of Class Represented by Amount in Row (9)
5.72 | |||||
| (12) | Type of Reporting Person (See Instructions)
IA | |||||
Item 1.
(a) Name of Issuer
OceanPal Inc.
(b) Address of Issuer's Principal Executive Offices
Pendelis 26, Palaio Faliro
Athens, Greece, 175 64
Athens, Greece, 175 64
Item 2.
(a) Name of Person Filing
Hosking Partners LLP
(b) Address of Principal Business Office or, if none, Residence
2 St James's Market,
London SW1Y 4AH
London SW1Y 4AH
(c) Citizenship
United Kingdom
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
Y6430L103
Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
[ ]
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
[ ]
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
[ ]
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
[ ]
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
(e)
[ x ]
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f)
[ ]
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)
[ ]
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
[ ]
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
[ ]
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
[ ]
Group, in accordance with §240.13d-1(b)(1)(ii)(J).
Item 4.
(a) Amount beneficially owned:
504,851
(b) Percent of class:
5.72%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
415,258
(ii) Shared power to vote or to direct the vote
0
(iii) Sole power to dispose or to direct the disposition of
89,593
(iv) Shared power to dispose or to direct the disposition of
0
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of OceanPal Inc.
No one person's interest in the common stock of OceanPal Inc. is more than 5% of the total outstanding common stock.
No one person's interest in the common stock of OceanPal Inc. is more than 5% of the total outstanding common stock.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
| SIGNATURES |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: February 14, 2022
HOSKING PARTNERS LLP | |
| By: | /s/ Simon Hooper |
| Name: Simon Hooper | |
| Title: Attorney-In-Fact | |