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Pangaea Logistics Solutions Ltd. - $PANL STOCK NEWS

Welcome to our dedicated page for Pangaea Logistics Solutions Ltd. news (Ticker: $PANL), a resource for investors and traders seeking the latest updates and insights on Pangaea Logistics Solutions Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pangaea Logistics Solutions Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pangaea Logistics Solutions Ltd.'s position in the market.

News
PANGAEA LOGISTICS SOLUTIONS ANNOUNCES FIRST QUARTER 2024 CONFERENCE CALL DATE
Rhea-AI Summary

Pangaea Logistics Solutions (Nasdaq: PANL) will release its first-quarter 2024 results on May 9, 2024, and hold a conference call the following day to discuss financial results, recent events, and conduct a Q&A session.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
Tags
earnings
-
News
Pangaea Logistics Solutions Ltd. Announces Renewal of Shelf Registration Statement
Rhea-AI Summary
Pangaea Logistics Solutions renews its shelf registration statement on Form S-3 with the SEC, maintaining the same aggregate amount. The new statement replaces the expired one from January 28, 2024, but is not yet effective. This press release clarifies that it is not an offer to sell or buy securities, and any future offering will follow SEC regulations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.29%
Tags
none
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News
Pangaea Logistics Solutions Ltd. Reports Financial Results for the Three Months and Year Ended December 31, 2023
Rhea-AI Summary
Pangaea Logistics Solutions Ltd. announces strong financial results for the fourth quarter and full year 2023, with net income of $1.1 million and $26.3 million respectively. The company reported adjusted EBITDA of $19.7 million for Q4 and $79.7 million for the full year, showing a decline in TCE rates but exceeding industry benchmarks. Pangaea's strategic focus on premium-rate, cargo-centric operations and fleet expansion is driving growth and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.56%
Tags
earnings
News
PANGAEA LOGISTICS SOLUTIONS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 CONFERENCE CALL DATE
Rhea-AI Summary
Pangaea Logistics Solutions (PANL) to release Q4 and full year 2023 results on March 13, 2024. Conference call scheduled for March 14, 2024, to discuss financial performance and recent events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.09%
Tags
none
-
News
Pangaea Logistics Solutions Ltd. Announces Quarterly Cash Dividend
Rhea-AI Summary
Pangaea Logistics Solutions Ltd. (PANL) declares a quarterly cash dividend of $0.10 per common share, payable on March 15, 2024, to shareholders of record as of March 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
Tags
dividends
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News
Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended September 30, 2023
Rhea-AI Summary
Pangaea Logistics Solutions Ltd. (Nasdaq: PANL) announced its Q3 2023 results, reporting net income of $18.9 million, adjusted net income of $14.4 million, operating cash flow of $16.3 million, and TCE rates of $15,748 per day. The company also declared a quarterly cash dividend of $0.10 per common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.63%
Tags
earnings
News
PANGAEA LOGISTICS SOLUTIONS ANNOUNCES THIRD QUARTER 2023 CONFERENCE CALL DATE
Rhea-AI Summary
Pangaea Logistics Solutions (Nasdaq: PANL) will release its third quarter 2023 results on November 8, 2023, after the market closes. The company will hold a conference call on November 9, 2023, to discuss the financial results and recent events. Participants can access the live teleconference using the provided numbers and conference ID. A replay of the teleconference will be available until November 16, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
Tags
earnings
-
News
Pangaea Logistics Solutions Ltd. Awarded First Dry Bulk "Silent E" Certification
Rhea-AI Summary
Pangaea Logistics Solutions announces Nordic Nuluujaak as the first dry bulk carrier to receive the Class Silent (E) Notation by DNV
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
Tags
none
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News
Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended June 30, 2023
Rhea-AI Summary
Pangaea Logistics Solutions Ltd. reported its results for the second quarter of 2023. Net income attributable to Pangaea was $2.8 million, or $0.06 per diluted share. Adjusted net income was $4.6 million, or $0.10 per diluted share. Operating cash flow decreased by 95% year-over-year to $2.0 million. Adjusted EBITDA decreased by 64% to $15.9 million. TCE rates earned by Pangaea declined by 43% to $15,558 per day. The company completed the acquisition of marine port terminal operations and expanded its owned vessel fleet to 25.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.69%
Tags
earnings
News
PANGAEA LOGISTICS SOLUTIONS ANNOUNCES SECOND QUARTER 2023 CONFERENCE CALL DATE
Rhea-AI Summary
Pangaea Logistics Solutions (Nasdaq: PANL) will release its second quarter 2023 results on August 9, 2023, after the market closes. A conference call will be held on August 10, 2023, to discuss the financial results and recent events. Participants can access the live teleconference using the provided numbers and conference ID. A replay of the teleconference will be available until August 17, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.47%
Tags
earnings
Stock PANL logo
Pangaea Logistics Solutions Ltd.

Nasdaq:PANL

PANL Rankings

#3308 Ranked by Market Cap
#855 Ranked by Stock Gains
#562 Ranked by Dividends

PANL Stock Data

345.74M
32.86M
37.47%
51.75%
0.81%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
United States of America
NEWPORT

About PANL

phoenix bulk carriers is the u.s. administrative agent for pangaea logistics solutions, ltd. with a growing staff of highly trained individuals, the company is best known for consistent performance, capability and integrity. the headquarters is located in historic newport, rhode island, with a second office in rio de janeiro, brazil. the company began in 1996 and currently operates between 35-50 vessels of which 14 (excluding 3 new buildings on order) are owned. phoenix provides a comprehensive set of services to a wide range of industrial customers who require the transportation of dry bulk cargoes, including grains, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, limestone, soybean, sugar, salt and wood pellets. the services and activities that phoenix provide include cargo loading, cargo discharge, vessel chartering and voyage planning. for more information go to www.pangaeals.com