Pangaea is a US-based maritime logistics and transportation company utilizing its expertise to service a broad base of customers who require the transportation of a wide variety of dry bulk cargoes. The Company addresses the logistics needs of its customers by undertaking a comprehensive set of services and activities that seeks to add value at every step of the supply chain.
The Company operates a fleet of approximately 45-60 Supramax, Panamax and Handymax vessels, of which 21 are owned or partially owned. The Company is a leader in the high ice class sector, secured by its control of a majority of the world’s large dry bulk vessels with Ice-Class 1a designation.
Pangaea’s 24/7/365 operation is managed by an experienced and dedicated team out of four offices, Newport (headquarters), Athens, Copenhagen, and Singapore.
The company has grown to be one of the most respected full-service maritime logistics companies in the world. We have the scale and flexibility to handle any challenge and focus to give your project or cargo the attention it deserves.
Company profile
Ticker
PANL
Exchange
Website
CEO
Edward Coll
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Teekay • Atlas • Seaspan • Seacor • Danaos • SFL • Genco Shipping & Trading Limited • Navios Maritime • Tsakos Energy Navigation Limited • Costamare ...
Former names
Quartet Holdco Ltd.
SEC CIK
PANL stock data
Latest filings (excl ownership)
10-Q
2022 Q3
Quarterly report
9 Nov 22
8-K
Results of Operations and Financial Condition
9 Nov 22
S-8
Registration of securities for employees
23 Sep 22
UPLOAD
Letter from SEC
21 Sep 22
CORRESP
Correspondence with SEC
2 Sep 22
UPLOAD
Letter from SEC
24 Aug 22
8-K
Pangaea Logistics Solutions Ltd. Announces Purchase of Vessel
23 Aug 22
8-K
Amendments to Articles of Incorporation or Bylaws
10 Aug 22
10-Q
2022 Q2
Quarterly report
9 Aug 22
8-K
Results of Operations and Financial Condition
9 Aug 22
Transcripts
PANL
Earnings call transcript
2022 Q3
10 Nov 22
PANL
Earnings call transcript
2022 Q2
10 Aug 22
PANL
Earnings call transcript
2022 Q1
11 May 22
PANL
Earnings call transcript
2021 Q4
17 Mar 22
PANL
Earnings call transcript
2021 Q3
10 Nov 21
PANL
Earnings call transcript
2021 Q2
11 Aug 21
PANL
Earnings call transcript
2021 Q1
12 May 21
PANL
Earnings call transcript
2020 Q4
16 Mar 21
PANL
Earnings call transcript
2020 Q3
12 Nov 20
PANL
Earnings call transcript
2020 Q2
13 Aug 20
Latest ownership filings
4
MARK L FILANOWSKI
30 Jan 23
3/A
Mads Rosenber Boye Petersen
17 Jan 23
4
MARK L FILANOWSKI
5 Jan 23
4
Gianni DelSignore
5 Jan 23
4
Mads Rosenber Boye Petersen
5 Jan 23
3
Mads Rosenber Boye Petersen
14 Dec 22
4
Anthony Laura
26 May 22
3
Karen H Beachy
18 Apr 22
4
MOULIN RICHARD T DU
18 Feb 22
4
David Sgro
18 Feb 22
Financial summary
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| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Institutional ownership, Q3 2022
65.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 68 |
| Opened positions | 11 |
| Closed positions | 16 |
| Increased positions | 22 |
| Reduced positions | 23 |
| 13F shares | Current |
|---|---|
| Total value | 133.19 mm |
| Total shares | 30.20 mm |
| Total puts | 10.20 k |
| Total calls | 66.00 k |
| Total put/call ratio | 0.2 |
| Largest owners | Shares | Value |
|---|---|---|
| Rockland Trust | 8.52 mm | $39.34 mm |
| WELLINGTON TRUST Co N A | 4.28 mm | $16.18 mm |
| Wellington Trust Company, National Association Multiple Common Trust Funds Trust, Micro Cap Equity Portfolio | 3.68 mm | $13.92 mm |
| Wellington Management | 2.91 mm | $13.44 mm |
| VR Advisory Services | 2.60 mm | $12.00 mm |
| Pangaea One | 1.57 mm | $7.53 mm |
| Acadian Asset Management | 1.15 mm | $5.32 mm |
| Dimensional Fund Advisors | 896.49 k | $4.14 mm |
| Bridgeway Capital Management | 531.10 k | $2.45 mm |
| GS Goldman Sachs | 423.64 k | $1.96 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 Jan 23 | Mads Rosenber Boye Petersen | Common Share $0.0001 Par Value | Grant | Acquire A | No | No | 0 | 60,976 | 0.00 | 583,676 |
| 3 Jan 23 | Gianni DelSignore | Common Share $0.0001 Par Value | Grant | Acquire A | No | No | 0 | 50,813 | 0.00 | 333,368 |
| 3 Jan 23 | Mark L Filanowski | Common Share $0.0001 Par Value | Grant | Acquire A | No | No | 0 | 81,301 | 0.00 | 355,176 |
News
Pangaea Logistics Solns Earnings Perspective: Return On Capital Employed
16 Dec 22
Overview Of Value Stocks In The Industrials Sector
23 Nov 22
A Look Into Industrials Sector Value Stocks
16 Nov 22
Pangaea Logistics Solns Q3 EPS $0.52 Misses $0.56 Estimate, Sales $184.50M Beat $181.01M Estimate
9 Nov 22
Earnings Scheduled For November 9, 2022
9 Nov 22