Headquartered in Newport, RI Fiscal year ends December NASDAQ: PANL pangaeals.com
Pangaea Logistics Solutions Ltd. (NASDAQ: PANL) provides seaborne dry bulk logistics and transportation services, as well as terminal and stevedoring services globally. The company operates a specialized fleet of 38 owned dry bulk vessels supplemented by chartered-in vessels to transport a wide variety of dry bulk cargoes including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Pangaea's integrated logistics model encompasses cargo loading and discharge, port and terminal operations, vessel chartering, voyage planning, and vessel technical management. The company differentiates itself through long-term contracts of affreightment (COAs), a cargo-focused business strategy, ice-class vessel capabilities for premium seasonal trades, and an expanding onshore logistics platform including stevedoring services and port operations. Pangaea serves industrial customers across Atlantic and Pacific markets and is actively growing its terminal operations, including new facilities at Port Tampa Bay, Florida. Updated
The market is surrounded by uncertainty about the impact of tariffs, recession concerns, and a stock market correction. Investors are worried about their money and many are choosing to stay away from…
Pangaea Logistics Solutions Ltd. (NASDAQ: PANL) provides seaborne dry bulk logistics and transportation services, as well as terminal and stevedoring services globally.
The Wall Street consensus 12-month price target for PANL is $10.85.
