Equities

Pangaea Logistics Solutions Ltd

PGA:STU

Pangaea Logistics Solutions Ltd

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  • Price (EUR)5.55
  • Today's Change0.05 / 0.91%
  • Shares traded60.00
  • 1 Year change-11.20%
  • Beta--
Data delayed at least 15 minutes, as of Nov 21 2024.
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About the company

Pangaea Logistics Solutions Ltd. is a provider of seaborne drybulk logistics and transportation services as well as terminal and stevedoring services. The Company offers services to a base of industrial customers who require the transportation of a variety of drybulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite and limestone. The Company provides ocean transportation services to clients utilizing an ocean-going fleet of motor vessels (m/v) in the Handymax, Supramax, Ultramax and Panamax and Post-Panamax segments. The Company operates 26 vessels which are wholly owned or partially-owned through joint ventures. The Company provides logistics services and commercially manages its fleet primarily from offices in Newport, Rhode Island, Copenhagen, Denmark and Singapore. Its logistics services and activities include cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management.

  • Revenue in USD (TTM)521.24m
  • Net income in USD21.60m
  • Incorporated2014
  • Employees151.00
  • Location
    Pangaea Logistics Solutions Ltd109 Long WharfNEWPORT 02840United StatesUSA
  • Phone+1 (401) 846-7790
  • Fax+1 (401) 846-1520
  • Websitehttps://www.pangaeals.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
PANL:NAQ since
announced
Transaction
value
Strategic Shipping Inc- Fifteen Handy Size VesselsAnnounced23 Sep 202423 Sep 2024Announced-8.99%122.55m
Data delayed at least 15 minutes, as of Nov 22 2024 21:00 GMT.
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