Pangaea Logistics Solutions Announces Fourth Quarter and Full Year 2024 Conference Call Date
Monday, Mar 3, 2025 4:38 pm ET
1min read NEWPORT, R.I., March 3, 2025 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. (Nasdaq: PANL), a global provider of comprehensive maritime logistics solutions, today announced that it will issue fourth quarter and full year 2024 results after the market closes on Thursday, March 13, 2025. A conference call will be held the next day, Friday, March 14, 2025, at 8:00 a.m. ET to review the Company's financial results, discuss recent events, and conduct a question-and-answer session.
The conference call will be accompanied by presentation materials, which will be available with the Company's Securities and Exchange Commission filing and in the Investor Relations section of the Company's website at
Pangaea Logistics Solutions Ltd. provides logistics services to a broad base of industrial customers who require the transportation of a wide variety of dry bulk cargoes, including grains, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The Company addresses the transportation needs of its customers with a comprehensive set of services and activities, including cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. It owns and operates a fleet of vessels.
In recent quarters, Pangaea Logistics Solutions has reported strong financial performance, with adjusted EBITDA margins increasing to 11.5% in Q2 2024, up from 8.2% in the previous quarter. The Company has also expanded its fleet and entered new markets, driving revenue growth. For example, in 2021, the Company announced the delivery of a newbuild vessel, and in 2024, it acquired a 50% stake in Nordic Bulk Partners.
As Pangaea Logistics Solutions continues to grow and expand its operations, investors will be looking for updates on the Company's financial performance and strategic initiatives during the upcoming conference call. The Company's strong track record and growth prospects make it an attractive investment opportunity in the maritime logistics sector.
