Pangaea Logistics Solutions LTD

Pangaea Logistics Solutions Ltd. announced robust second quarter 2026 financial results, showcasing significant year-over-year growth in Adjusted EBITDA and Time Charter Equivalent (TCE) rates.

Pangaea Logistics Solutions Ltd. announces the removal of three directors from its Board, reducing its size to seven members.

Pangaea Logistics Solutions Ltd. announced robust first-quarter 2026 financial results, driven by increased shipping days and higher Time Charter Equivalent rates, exceeding market benchmarks.

Pangaea Logistics Solutions Ltd. announced its Board of Directors declared a quarterly cash dividend of $0.05 per common share.

Pangaea Logistics Solutions Ltd. announced the appointment of Eugene I. Davis to its Board of Directors, replacing Christina Tan, effective December 18, 2025.

Pangaea Logistics Solutions Ltd. announced the appointment of Paul M. Leand, Jr. to its Board of Directors following a cooperation agreement with Strategic Shipping Inc.

Pangaea Logistics Solutions Ltd. announced a substantial increase in revenue and net income for the second quarter of 2026 compared to the prior year, driven by improved freight rates and operational efficiencies.

Pangaea Logistics Solutions Ltd. announced a significant turnaround in its first quarter of 2026, reporting a net income of $13.3 million compared to a net loss in the prior year, driven by improved freight rates and increased activity.

Pangaea Logistics Solutions Ltd. reported a significant increase in net income for the third quarter of 2025, driven by fleet expansion, though nine-month profits declined and internal controls were deemed ineffective.

Pangaea Logistics Solutions Ltd. reported a net loss for Q2 2025 and the first half of 2025, despite increased revenue driven by fleet expansion, as market rates declined and operating costs rose.

Pangaea Logistics Solutions saw revenue increase in Q1 2025, but net income declined compared to the same period last year due to lower market rates and increased operating expenses.

Pangaea Logistics Solutions saw an increase in revenue and net income for the second quarter of 2024, driven by higher voyage revenue and improved TCE rates.

Pangaea Logistics Solutions reported an 18% revenue increase to $632 million in 2025 driven by fleet expansion, but net income declined 36.5% amid lower market rates and increased operating costs.

Pangaea Logistics Solutions reports a 7% increase in total revenue and a rise in net income attributable to the company in its 2024 10-K filing, driven by higher TCE rates and strategic acquisitions.

Pangaea Logistics Solutions Ltd. files an amendment to its 2023 annual report to correct a typographical error in executive certifications.

Pangaea Logistics Solutions Ltd. experienced a decrease in revenue and net income for fiscal year 2023, primarily due to lower charter rates and reduced shipping days.

Former Director Anthony Laura has completed significant share transfers to family trusts and ceased his board membership at Pangaea Logistics Solutions.

Pangaea Logistics Solutions Director Eric Rosenfeld sold 100,000 common shares of the company on May 26, 2026.

Pangaea Logistics Solutions CEO Mads Petersen received 47,420 shares through restricted and performance-based stock awards.

Pangaea Logistics Solutions CFO Gianni DelSignore received two restricted stock awards totaling 25,588 common shares.

Pangaea Logistics Solutions' Chief Strategy Officer, Daniel Schildt, received restricted stock awards totaling 20,568 common shares as part of the company's 2024 Share Incentive Plan.

Pangaea Logistics Solutions CFO Gianni DelSignore sold 23,779 common shares at a weighted average price of $6.99 to cover tax withholding from restricted stock unit vesting.

Pangaea Logistics Solutions Ltd. announced its 2026 Annual Meeting of Shareholders to elect directors, ratify auditors, and vote on executive compensation.

Pangaea Logistics Solutions Ltd. will hold its annual shareholder meeting on May 8, 2025, to elect directors, ratify the appointment of its accounting firm, and conduct advisory votes on executive compensation.

Pangaea Logistics Solutions is set to acquire Renaissance Holdings, including 15 handy-size bulk vessels, in a merger that will see Strategic Shipping Inc. receive approximately 29% of Pangaea's outstanding shares.

Pangaea Logistics Solutions Ltd. announces its annual shareholder meeting to be held on August 8, 2024, featuring proposals for director elections, approval of an amended share incentive plan, and ratification of the company's auditor.

Strategic Shipping Inc. has appointed Eugene Davis to Pangaea Logistics Solutions Ltd.'s board, replacing Christina Tan.

Pangaea Logistics Solutions Ltd. has entered into an agreement with major shareholder Strategic Shipping Inc., leading to a board expansion and the appointment of Paul M. Leand, Jr. as a new director.

Strategic Shipping Inc. and its affiliates have increased their beneficial ownership in Pangaea Logistics Solutions Ltd. to 29% through recent share acquisitions totaling $2.2 million.

Carl Claus Boggild, a director of Pangaea Logistics Solutions Ltd., has increased his beneficial ownership to 8,342,193 common shares, representing 12.8% of the company, following additional share acquisitions and a merger that led to a decrease in his percentage ownership due to dilution.

Pangaea Logistics Solutions Ltd. has completed the acquisition of Renaissance Holdings LLC, issuing 18.06 million shares to Strategic Shipping Inc., which now holds a 28.3% stake and gains two board seats.

Maureen Maze, acting as trustee for three family trusts, disclosed a 4.83% beneficial ownership stake in Pangaea Logistics Solutions Ltd.

BlackRock, Inc. has filed an amended Schedule 13G, reporting a passive beneficial ownership of 3.8% of Pangaea Logistics Solutions Ltd.'s common stock as of December 31, 2024.