Pangaea Logistics Solutions Ltd. (PANL)

Profile

https://www.pangaeals.com

Pangaea Logistics Solutions Ltd. is a global provider of comprehensive maritime logistics and transportation solutions, specializing in seaborne dry bulk cargoes. The company owns and operates a fleet of dry bulk carriers, including a significant number of high ice-class vessels suited for Arctic trades like the Northern Sea Route and Northwest Passage, enabling efficient transport with reduced emissions and fuel costs. It transports a wide variety of commodities such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone to industrial customers worldwide. Beyond shipping, Pangaea Logistics Solutions Ltd. offers integrated services including cargo loading and discharge, port and terminal operations, stevedoring, vessel chartering, voyage planning, and technical management. The company also designs, constructs, and operates port facilities and inland projects, customizing solutions for complex logistics needs with expertise in handling challenging cargoes. Founded in 1996 and headquartered in Newport, Rhode Island, it maintains operations through offices in key locations to support its full-service maritime logistics platform in the industrials sector.