AI division
Shipping firm OceanPal has established an artificial intelligence division through a $120 million private investment in public equity (PIPE) deal. The company aims to acquire 10% of the NEAR supply. This strategic move is part of OceanPal’s broader initiative to enhance its technological capabilities and adapt to evolving market demands. By integrating AI, the firm seeks to improve operational efficiency and expand its service offerings. The PIPE deal signifies investor confidence in OceanPal’s vision and potential growth trajectory in the shipping industry.
