The IMDb listing for the film, directed by Michael Kang, was spotted by multiple publications overnight and currently names Ocean in the role of "Kevin." Though no character info is given for Ocean's character, the film—which also stars Hye-Kyo Song and Esther Nam—is apparently centered on "one of the top male supermodels in the world," though it's unclear how the Kevin character will play into that.
Here's the summary, via IMDb:
Brad Bang is one of the top male supermodels in the world. Grace Sol is a passionate but fragile actress. Despite their growing, troubled relationship, after a series of rehearsals and one fateful night, Grace falls for Brad, only to realize that despite needing each other, their love is forbidden.
Kang's previous films include his Sundance-premiered The Motel and the Tribeca-premiered West 32nd. In 2011, he directed the video for Emi Meyer's "Happy Song."
A release strategy and additional info for Ships Passing in the Night was not available at the time of this article's caffeine-addled publication. The film, however, is currently listed as being in pre-production.
The last we heard from Ocean, he was updating his Tumblr to voice his support for expert Trump-mocker Michelle Wolf following her blistering WHCD set. "I love the way Michelle Wolf thinks," Ocean said, making a well-played reference to Kanye West's preposterous tweet about Candace Owens.