Pangaea Logistics Solutions Ltd.

Pangaea Logistics Solutions Ltd. provides seaborne drybulk logistics and transportation services, along with terminal and stevedoring services. The company uses its logistics knowledge to serve industrial customers who need to transport various drybulk goods, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Pangaea manages customer logistics by offering a full range of services, including cargo loading and discharge, port and terminal operations, vessel chartering, voyage planning, and vessel technical management. The company offers ocean transportation using a fleet of motor vessels in the Handymax, Supramax, Ultramax, Panamax, and Post-Panamax categories. This fleet typically consists of 60 to 75 vessels, which are either owned or chartered short-term. As of December 31, 2025, Pangaea owned 39 vessels, either entirely or partially through joint ventures. In 2025, the company transported approximately 26.2 million tons of cargo annually to over 300 ports globally, with an average of approximately 64 vessels in service per day, compared to 48 vessels in 2024. Pangaea's port, projects, and logistics services include cargo loading, cargo discharge, and port and terminal services for vessel and cargo owners.