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Pangaea Logistics Solutions Ltd
109 Long Wharf
Phone: (401) 846-7790p:401 846-7790 NEWPORT, RI  02840  United States Ticker: PANLPANL
Business Summary
Pangaea Logistics Solutions Ltd. is a provider of seaborne dry bulk logistics and transportation services as well as terminal and stevedoring services. The Company offers services to a base of industrial customers who require the transportation of a variety of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite and limestone. It provides ocean transportation services to clients utilizing an ocean-going fleet of motor vessels (m/v) in the Handymax, Supramax, Ultramax and Panamax and Post-Panamax segments. The Company addresses the logistics needs of its customers by undertaking a comprehensive set of services and activities, including cargo loading, cargo discharge, port and terminal operations, vessel chartering, voyage planning, and vessel technical management. It provides logistics services and commercially manages its fleet primarily from offices in Newport, Rhode Island, Copenhagen, Denmark and Singapore.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023YesYes---

Industries
SIC Code Description
4412 Deep sea foreign transportation of freight

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Richard T.Du Moulin 77 11/8/2021
Chief Executive Officer, Director Mark L.Filanowski 69 12/1/2021 1/1/2017
Chief Financial Officer GianniDel Signore 41
6 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Nordic Bulk Carriers A/S Tuborg Havnevej 4-8, 1st floor Hellerup Denmark

Business Names
Business Name
Nordic Bulk Carriers A/S
Nordic Bulk Holding Company Ltd.
Nordic Bulk Holdings ApS
PANL
Quartet Holdco Ltd.

General Information
Number of Employees: 151 (As of 12/31/2023)
Outstanding Shares: 64,961,433 (As of 12/30/2024)
Shareholders: 14
Stock Exchange: NASD
Federal Tax Id: 981205464
Fax Number: (401) 846-1520


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Tuesday, January 28, 2025