Welcome to our dedicated page for Pangaea Logistics Solution news (Ticker: PANL), a resource for investors and traders seeking the latest updates and insights on Pangaea Logistics Solution stock.
Pangaea Logistics Solutions Ltd. provides seaborne drybulk logistics and transportation services, along with terminal and stevedoring services, for industrial customers. The company handles cargoes such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite and limestone through cargo loading, discharge, port and terminal operations, vessel chartering, voyage planning and vessel technical management.
News for PANL commonly covers quarterly financial results, conference-call schedules, time charter equivalent rates, shipping days, fleet activity, cash dividends, board composition and other governance updates. Company updates also discuss its integrated shipping and logistics model, high ice-class drybulk vessels, handy-size vessels and terminal and stevedoring operations.
Pangaea Logistics Solutions (Nasdaq:PANL) reported Q1 2026 GAAP net income of $13.3 million ($0.21 per share) on total revenue of $170.6 million and adjusted net income of $7.0 million ($0.11 per share).
Adjusted EBITDA rose 70% year-over-year to $25.2 million, with TCE rates of $15,252 per day, 34% higher year-over-year and 20% above Baltic Panamax, Supramax and Handysize indices. Shipping days increased 14% to 5,947. Net debt to trailing twelve‑month adjusted EBITDA was 2.4x, and operating cash flow was $4.5 million. The board declared a quarterly dividend of $0.05 per share, payable June 15, 2026, to shareholders of record on June 1, 2026.
Pangaea Logistics Solutions (Nasdaq: PANL) will release first quarter 2026 results after market close on Monday, May 11, 2026 and host a conference call on Tuesday, May 12, 2026 at 8:00 a.m. ET.
Presentation materials will be posted with the company SEC filing and in the Investor Relations section at https://www.pangaeals.com/investors/. Replay available through May 19, 2026.
Pangaea Logistics Solutions (Nasdaq: PANL) reported Q4 2025 results with GAAP net income attributable to Pangaea of $11.9 million ($0.19/share) and adjusted net income of $10.1 million ($0.16/share). Adjusted EBITDA was $28.7 million, TCE earned $17,773/day, and the company declared a $0.05 quarterly dividend.
Cash totaled $103.1 million at year-end and the company agreed to sell the Bulk Xaymaca for $9.6 million with expected delivery in Q2 2026.
Pangaea Logistics Solutions (Nasdaq: PANL) will issue fourth quarter 2025 results after market close on Tuesday, March 10, 2026. A conference call to review results and host Q&A is scheduled for Wednesday, March 11, 2026 at 8:00 a.m. ET.
Presentation materials will be available with the company's SEC filing and in the Investor Relations section at the company's website. Live call and replay dial-in numbers are provided; replay is available through March 18, 2026. Conference ID: PANLQ425.
Pangaea Logistics Solutions (NASDAQ: PANL) declared a quarterly cash dividend of $0.05 per common share, payable March 13, 2026 to shareholders of record as of February 27, 2026.
The dividend is a cash distribution to common shareholders and will be paid on the stated payment date to recorded holders.
Pangaea Logistics Solutions (Nasdaq: PANL) announced on December 18, 2025 the appointment of Eugene I. Davis to its Board of Directors as a Class II director, effective immediately.
Mr. Davis replaces Christina Tan, who resigned effective immediately prior to his appointment. The Board determined Mr. Davis is independent under Nasdaq rules. Mr. Davis has 40 years of advisory experience and currently leads PIRINATE Consulting Group LLC, chairs WW International's board and audit committee, and serves on Spirit Aviation Holdings' board. The appointment was made pursuant to the Investor and Registration Rights Agreement dated December 30, 2024 between Pangaea and Strategic Shipping Inc.
Pangaea Logistics Solutions (Nasdaq: PANL) announced on November 28, 2025 the immediate appointment of Paul M. Leand, Jr. as a Class III director to its Board of Directors. Mr. Leand brings over two decades of maritime shipping advisory experience and is the managing director and CEO of AMA Capital Partners, a merchant banking partnership focused on transportation, energy and offshore industries.
The appointment was made pursuant to a Cooperation Agreement between Pangaea and Strategic Shipping Inc., which contains customary terms including standstill restrictions and voting commitments. The Agreement will be filed as an exhibit to a Form 8-K with the U.S. Securities and Exchange Commission.
Pangaea Logistics Solutions (Nasdaq: PANL) reported third-quarter 2025 results for the period ended September 30, 2025.
Key figures: GAAP net income attributable to Pangaea $12.2M ($0.19 per share); Adjusted net income $11.2M ($0.17 per share); Adjusted EBITDA $28.9M (+20.3% YoY); TCE $15,559/day (down 5% YoY) with shipping days up 22% to 5,872 days. Cash was $94.0M and total debt (including finance leases) was $386.3M. Declared quarterly cash dividend of $0.05 per share payable Dec 15, 2025. Company sold Strategic Endeavor for $7.7M and agreed to sell Bulk Freedom for $9.6M (expected Q4 2025 delivery).
Pangaea Logistics Solutions (NASDAQ: PANL) will release its third quarter 2025 results after market close on Thursday, November 6, 2025. A conference call to review results and host Q&A is scheduled for Friday, November 7, 2025 at 8:00 a.m. ET. Presentation materials will be posted with the company's SEC filing and in the Investor Relations section at https://www.pangaeals.com/investors/.
Live call access: Domestic 1-833-316-1983, International 1-785-838-9310, Conference ID PANLQ325. A replay will be available through November 14, 2025 via Domestic 1-800-839-5492 and International 1-402-220-2551.
Pangaea Logistics Solutions (NASDAQ: PANL) announced a significant leadership transition as CEO Mark Filanowski will retire effective January 1, 2026, after eleven years with the company. Current COO Mads Petersen has been appointed as the new President and CEO, also joining the board of directors.
Petersen brings 16 years of experience with Pangaea and over 20 years in the dry bulk shipping industry. Under Filanowski's leadership, the company achieved notable growth, including tripling its owned vessel fleet and expanding port operations to 10 marine terminals across the U.S. Gulf Coast and Mid-Atlantic regions.