Pangaea Logistics Solutions Ltd.
Pangaea provides seaborne drybulk transportation, logistics, port and terminal, and stevedoring services to industrial customers that need to move commodities such as grain, coal, iron ore, bauxite, cement clinker, and limestone. Its services include cargo loading and discharge, vessel chartering, voyage planning, port operations, and technical vessel management. The company operates owned and chartered-in bulk carriers, including vessels in Handymax, Supramax, Ultramax, Panamax, and Post-Panamax classes, and serves routes worldwide, including ice-restricted areas. Pangaea earns voyage revenue through contracts of affreightment and voyage charters, and charter revenue by providing vessels under time charters. It also provides customized logistics and terminal services, and works with some customers as their ocean logistics department. Its principal executives operate from Newport, Rhode Island, and it has offices in Copenhagen, Denmark, Athens, Greece, and Singapore.
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No SEC Form 4 filings for $PANL in the last 30 days.
See all $PANL insider activity →Pangaea Logistics Solutions (PANL) Board Chair Richard T. du Moulin will retire on December 31, 2026. He has served as a director since the company's 2014 IPO and has been affiliated with the company for over 25 years. No replacement or reason for retirement was disclosed.
Pangaea Logistics Solutions Ltd. (PANL) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 3, 2026 , Richard T. du Moulin, Chair of the Board of Directors (the “Board”) of Pangaea Logistics Solutions Lt
Pangaea Logistics Solutions (PANL) reported Q3 2026 record adjusted earnings, with adjusted EBITDA up 81% YoY to $52.4M and adjusted net income of $33.6M ($0.52 per share). Higher freight rates and Arctic shipping activity drove results. The company refinanced $145M in debt, cutting future interest expenses. Management expects firm market conditions in 2027, contingent on easing disruptions.
Over the past 7 days, AlphAI's AI scored 2 news stories mentioning PANL (Pangaea Logistics Solutions Ltd.). Coverage has been balanced: 0 bullish, 2 neutral, and 0 bearish.
Recent PANL coverage spans earnings and corporate actions.
Retirement of the board chair may lead to governance changes and potential board reshuffle.
Board chair retirement may cause short‑term uncertainty but no immediate operational impact.
Strong earnings likely drive buying pressure.
Mixed results with revenue beat but earnings miss, yet price rose.
Strong earnings beat with higher rates and dividend raise may boost price.
AlphAI scores every news story that mentions PANL with an AI model for sentiment and relevance, and aggregates insider trades from Pangaea Logistics Solutions Ltd.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Pangaea Logistics Solutions (PANL) Board Chair Richard T. du Moulin will retire on December 31, 2026. He has served as a director since the company's 2014 IPO and has been affiliated with the company for over 25 years. No replacement or reason for retirement was disclosed.
Pangaea Logistics Solutions Ltd. (PANL) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 3, 2026 , Richard T. du Moulin, Chair of the Board of Directors (the “Board”) of Pangaea Logistics Solutions Lt
Pangaea Logistics Solutions (PANL) reported Q3 2026 record adjusted earnings, with adjusted EBITDA up 81% YoY to $52.4M and adjusted net income of $33.6M ($0.52 per share). Higher freight rates and Arctic shipping activity drove results. The company refinanced $145M in debt, cutting future interest expenses. Management expects firm market conditions in 2027, contingent on easing disruptions.
Genco (GNK) reported fastest revenue growth among peers but stock is flat. Matson (MATX) beat estimates, stock up 12.4%. Pangaea (PANL) missed revenue expectations but stock rose 11.2%. Kirby (KEX) had slowest growth, stock down 5.6%. Scorpio Tankers (STNG) met revenue expectations, stock up 5.8%.
Pangaea Logistics (PANL) reported Q2 results with TCE rates up 50% YoY to $18,153/day, adjusted EBITDA at $35M. Onshore revenue grew 11% YoY. Costs rose 24% YoY, GAAP net income was $10.2M. The company has $350M in debt and plans to refinance $24M. Hedge fund ownership increased to 26, short interest is 3.67%.
Genco (GNK) reported $92.29M revenue, up 96.8% YoY, missing estimates but beating EBITDA. Kirby (KEX) reported $922.4M revenue, up 7.8% YoY, beating estimates. Scorpio Tankers (STNG) reported $391.8M revenue, up 75.9% YoY, in line with estimates. Stocks reacted differently post-earnings.
Pangaea Logistics Solutions (PANL) reported Q2 2026 revenue of $187.1 million, up 19% year over year, with shipping days down 8%. Adjusted EBITDA rose to $35 million, up 125.1%, and adjusted net income was $16.9 million ($0.26/share). Management cited higher TCE rates and fuel-hedging impacts on GAAP results, plus a $24 million JV balloon payment to be refinanced.
Pangaea Logistics (PANL) reported Q2 revenue of $187.1M versus $192.8M expected, but posted adjusted EPS of $0.26 (vs $0.24) and adjusted EBITDA of $35.01M (vs $33.96M). Management said Pacific operations were opportunistic, rates ran about 10% above market, and nine dry dockings are planned in H2 with $14M estimated costs.
Pangaea Logistics Solutions’ Q2 2026 earnings call said adjusted EBITDA rose nearly $20 million YoY, helped by a 50% increase in TCE rates and a 10% TCE premium. The firm expanded onshore logistics at Tampa, sold a 2006-built vessel for $9.6 million, and expects about $3 million incremental annual EBITDA from terminals. It plans to refinance a $24 million balloon payment and raised its quarterly dividend to $0.10.
Pangaea Logistics (NASDAQ: PANL) shares fell 6.7% after mixed Q2 results. Revenue was $187.1M, 2.9% below estimates of $192.8M, though up 19.4% YoY. Adjusted EPS was $0.26 vs $0.24 expected, with adjusted EBITDA up 125% to $35.01M. TCE rates rose 50% YoY to $18,153/day; investors focused on the revenue miss and an 8% drop in shipping days.
