Pangaea Logistics Solutions Completes Merger and Fleet …
4 days ago · Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (Nasdaq: PANL), a global provider of comprehensive maritime logistics solutions, today announced that it has completed its previously ...
Pangaea Logistics Solutions completes merger and fleet …
3 days ago · Pangaea Logistics Solutions, a global provider of comprehensive maritime logistics solutions, announced that it has completed its previously announced combination of its existing dry-bulk fleet with fifteen handy-size dry bulk vessels owned by Strategic Shipping. Shareholder approval of the transaction was obtained at a special meeting of shareholders on December 30, 2024, resulting in closing ...
Pangaea Logistics closes M&A deal, adds 15 dry-bulk vessels ...
1 day ago · Pangaea issued more than 18 million shares of common stock to SSI, or around 27.6% of its equity, and Pangaea acquired the vessels. The ships were valued at $271 million at closing, including $100 ...
Pangaea Logistics Solutions Completes Merger and Fleet …
4 days ago · Pangaea Logistics Solutions Ltd. (NASDAQ: PANL) and its subsidiaries (collectively, "Pangaea" or the "Company") provides seaborne dry bulk logistics and transportation services as well as terminal ...
Pangaea Logistics Expands Fleet with Vessel Acquisition
4 days ago · Pangaea Logistics Solutions Ltd. Q3 Profit Decreases, Misses Estimates RTTNews 58d Pangaea Logistics Non-GAAP EPS of $0.24 misses by $0.03, revenue of $153.12M beats by $11.79M
Pangaea Logistics confirms closing of $271m MT Maritime merger
3 days ago · Newport, Rhode Island-based Pangaea, a specialist in niche dry cargo trades, issued 18.06m shares of common stock, making SSI its largest holder with a 27.6% stake. Article continues below the advert
Pangea adds 15 Handysize vessels ‣ WorldCargo News
3 days ago · Under the terms of the agreement, Pangaea issued 18,059,342 shares of its common stock to SSI, representing approximately 27.6% of Pangaea’s outstanding shares following the completion of the transaction. In exchange, Pangaea acquired the 15 Handysize vessels, valued at around US$ 271m at closing.
Pangaea Logistics Expands Bulk Fleet with $271M Acquisition
Pangaea Logistics Solutions (NASDAQ: PANL) has successfully expanded its existing fleet with fifteen handy-size vessels from Strategic Shipping Inc. (SSI), a privately held company managed by M.T ...
Pangaea completes deal that adds 15 handy-sizes to its fleet
3 days ago · Newport, R.I.-based Pangaea Logistics Solutions Ltd. [Nasdaq: PANL] reports that it has completed its previously announced combination of its existing dry-bulk fleet with 15 handy-size dry bulk vessels owned by privately-held Strategic Shipping Inc., whose operations are conducted under the name of ...
Pangaea Logistics 15-bulker fleet swoop gains shareholder approval
Dec 31, 2024 · MTM will become Pangaea’s largest shareholder in the transaction, with the exact ratio to be determined by Pangaea’s share price. The holding will range between 25% and 30%, and is likely to ...