{"filings":[{"id":900476,"accession_number":"0001628280-26-041387","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2026-06-08T11:46:21+00:00","items":["5.02"],"status":"ready","headline":"Pangaea Logistics removes directors Rosenfeld, Sgro, Laura; board reduced to seven","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Eric S. Rosenfeld, David D. Sgro, and Anthony Laura removed from board effective June 7, 2026.","Removal made under Bye-Law 24.1.7, requiring written request of not less than 3/4 of other directors.","Board now comprises seven directors; company cites improved efficiency and decision-making.","Former directors acknowledged for years of service; no replacement appointments announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":21772,"accession_number":"0001628280-26-033728","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2026-05-11T22:19:57+00:00","items":["5.07"],"status":"ready","headline":"Pangaea Logistics shareholders elect directors, ratify Deloitte as auditor for FY2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All five director nominees elected: Richard du Moulin, Karen Beachy, Gary Vogel, Paul Leand, and Mads Petersen.","Deloitte & Touche LLP ratified as independent auditor for fiscal year 2026 with 53.4M votes for.","Non-binding advisory vote on executive compensation approved with 47.0M votes for.","Quorum present: 54.3M of 65.3M outstanding shares represented at May 7, 2026 meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.0,"calibrated_materiality_score":0.0,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":15322,"accession_number":"0001628280-26-033663","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2026-05-11T21:13:27+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Q1 GAAP EPS $0.21, adjusted EPS $0.11; TCE rates up 34% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $13.3M ($0.21/share); adjusted net income $7.0M ($0.11/share).","Revenue $170.6M; Adjusted EBITDA $25.2M (+70% YoY); TCE $15,252/day (+34%).","Declared quarterly dividend $0.05/share, payable June 15, record June 1.","Shipping days up 14% to 5,947; added port ops at Lake Charles & Port Aransas; sold Bulk Xaymaca for $9.6M."],"consensus_eps_estimate":0.1078,"consensus_eps_actual":0.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":170580000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106144,"accession_number":"0001628280-26-016596","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2026-03-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Q4 net income $11.9M, TCE $17,773/day (+11% YoY); declares $0.05 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income of $11.9M ($0.19 diluted EPS); adjusted net income of $10.1M ($0.16).","Revenue $183.9M; TCE rate $17,773/day, up 11% YoY and 19% above Baltic indices.","Shipping days rose 26% to 6,025 driven by the late-2024 acquisition of 15 handy-size vessels.","Quarterly cash dividend of $0.05/share declared, payable March 13, 2026; also agreed to sell Bulk Xaymaca for $9.6M.","CEO Mads Boye Petersen highlighted smooth leadership transition and unchanged strategic direction."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106143,"accession_number":"0001606909-26-000004","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2026-02-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Pangaea declares $0.05 quarterly dividend payable March 13, 2026","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Dividend of $0.05 per common share; record date February 27, 2026.","Payment date March 13, 2026; Board declared on February 17, 2026.","No change in dividend amount from prior quarter indicated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122435,"accession_number":"0001606909-25-000178","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2025-12-18T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Pangaea Logistics appoints Eugene I. Davis to board; Christina Tan resigns","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Christina Tan resigned from the Board effective December 18, 2025, immediately before Davis's appointment.","Eugene I. Davis appointed as Class II director; Board determined he is independent under Nasdaq rules.","Davis has 40 years of experience; serves as Chairman/CEO of PIRINATE Consulting and chairs Audit Committee at WW International.","Appointment made pursuant to Investor Rights Agreement with Strategic Shipping Inc., which nominated Davis as Investor Designee.","Tan's resignation was not due to any disagreement with the Company on operations, policies, or practices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122434,"accession_number":"0001606909-25-000169","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2025-11-28T23:59:59+00:00","items":["1.01","5.02","7.01","9.01"],"status":"ready","headline":"Pangaea appoints Paul M. Leand Jr. to board under cooperation agreement with Strategic Shipping Inc.","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Appointed Paul M. Leand, Jr. as Class III director effective Nov 26, 2025; board expanded from 9 to 10.","Appointment pursuant to cooperation agreement with Strategic Shipping Inc. containing standstill restrictions until June 30, 2026.","Mr. Leand is Managing Director and CEO of AMA Capital Partners, with over 20 years in maritime shipping.","He will receive standard non-employee director compensation; Board determined he is independent under Nasdaq rules."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122433,"accession_number":"0001606909-25-000157","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2025-11-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Q3 adj. EPS $0.17, TCE $15,559/day, adjusted EBITDA $28.9M (+20% YoY)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $12.2M ($0.19/sh), adjusted net income $11.2M ($0.17/sh); revenue $168.7M.","TCE rates $15,559/day, down 5% YoY but exceeded Baltic Panamax/Supramax/Handysize indices by 10%.","Adjusted EBITDA $28.9M, up 20.3% YoY; margin improved to 17.1% from 15.7%.","Declared $0.05/share quarterly dividend payable Dec 15, record Dec 1.","Sold Strategic Endeavor for $7.7M; agreed to sell Bulk Freedom for $9.6M (expected Q4)."],"consensus_eps_estimate":0.0663,"consensus_eps_actual":0.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":448161160.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139130,"accession_number":"0001606909-25-000154","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2025-09-17T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"CEO Mark Filanowski to retire Jan 1, 2026; COO Mads Petersen named successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mark Filanowski will retire as CEO and step down from the Board effective January 1, 2026, after 11 years.","Mads Petersen, 46, current COO (since 2022), appointed President and CEO effective January 1, 2026.","Petersen will join the Board on January 1, 2026; he has 16 years with Pangaea and 20+ years in dry bulk.","Petersen led Pangaea's Copenhagen office, ice-class vessel activities, and newbuilding in Japan and China."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139129,"accession_number":"0001606909-25-000148","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2025-08-29T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Pangaea Logistics dismisses Grant Thornton, appoints Deloitte & Touche as new auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Audit committee completed competitive process; dismissed Grant Thornton effective August 27, 2025.","No disagreements with former auditor on accounting principles or audit scope during 2023-2024.","Previously disclosed material weakness in internal control over ASC 606 revenue recognition remains.","Deloitte & Touche LLP engaged as independent auditor for fiscal year ending December 31, 2025.","Former auditor letter submitted to SEC agrees with company's statements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139128,"accession_number":"0001606909-25-000137","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Q2 net loss $2.7M (adj. loss $0.02/shr) on $156.7M revenue; TCE rates fall 25% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $2.7M ($0.04/shr) vs. net income $3.7M ($0.08/shr) in Q2 2024; adjusted net loss $1.4M ($0.02/shr).","Revenue $156.7M, up 19% YoY, driven by 51% increase in shipping days to 6,222 from handysize fleet acquisition.","TCE rate $12,108/day, down 25% YoY; Adjusted EBITDA $15.3M, down 4.1% YoY; margin 9.8% vs 12.1%.","Declared $0.05/shr dividend (payable Sept 15, record Sept 2) and repurchased 202,822 shares in Q2.","Sold Strategic Endeavor for $7.7M (closed July 2025) and bought remaining 49% of Seamar Management for $2.7M."],"consensus_eps_estimate":0.0034,"consensus_eps_actual":-0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":279491328.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156658,"accession_number":"0001606909-25-000117","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2025-05-13T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Pangaea Logistics shareholders elect four directors, ratify auditor at 2025 meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Class II directors elected: Boggild (45.99M for), Sgro (53.02M), Tan (53.03M).","Class III director Gary Vogel elected with 53.07M votes for.","Ratification of Grant Thornton LLP as auditor passed with 39.11M for vs 19.89M against.","Advisory say-on-pay approved with 50.86M for; future votes set to every one year.","All director nominees received majority support; no broker non-votes on auditor ratification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156657,"accession_number":"0001606909-25-000112","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2025-05-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Logistics reports Q1 net loss $2.0M, announces $15M buyback, $0.05 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $2.0M ($0.03/share) vs net income of $11.7M ($0.26/share) in Q1 2024.","Adjusted EBITDA fell 24.2% to $14.8M; total revenue was $122.8M.","TCE rates of $11,390/day, down 36% YoY; shipping days up 41% from handy fleet acquisition.","Board authorized $15M share buyback (5.6% of market cap); declared $0.05 quarterly dividend payable June 16.","Cash and equivalents $63.9M; total debt $390.8M, including $100.6M assumed in acquisition."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":122801886.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175077,"accession_number":"0001606909-25-000087","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2025-03-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Q4 net income $8.4M, adj EBITDA up 18%; Q1 TCE rate drops to $11,412/day","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $8.4M ($0.18 diluted) vs $1.1M YoY; adjusted net income $7.6M ($0.16 diluted).","Revenue $147.2M; TCE $15,942/day (down 10% YoY) but 48% above market indices.","Adjusted EBITDA $23.2M (up 18% YoY); margin improved to 16.4% from 14.9%.","Closed SSI acquisition of 15 vessels on Dec 30; fleet now 41 owned, total 62 vessels.","Q1 2025 to-date TCE $11,412/day (4,982 days) signals sharp rate decline from Q4."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175076,"accession_number":"0001606909-25-000051","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2025-02-14T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Pangaea declares $0.10 quarterly dividend payable March 14","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.10 per common share declared by Board of Directors.","Dividend payable on March 14, 2025 to shareholders of record as of February 28, 2025.","Dividend rate unchanged from prior quarter; continues regular quarterly payout."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175075,"accession_number":"0001606909-25-000039","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2025-01-23T23:59:59+00:00","items":[],"status":"ready","headline":"Pangaea Logistics Appoints Christina Tan, Gary Vogel as Directors; Daniel Schildt as Chief Strategic Officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Christina Tan appointed as Class II Director on January 20, 2025.","Gary Vogel appointed as Class III Director; deemed independent under Nasdaq rules and will serve on the Compensation Committee.","Daniel Schildt appointed as Chief Strategic Officer on January 20, 2025.","Both new directors will receive compensation similar to other non-executive directors as described in the 2024 proxy statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175074,"accession_number":"0001606909-25-000002","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2025-01-06T23:59:59+00:00","items":["2.01","7.01","9.01"],"status":"ready","headline":"Pangaea completes acquisition of 15 handy-size vessels from SSI for $271M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Closed on Dec 30, 2024; issued 18.06M shares to SSI, representing 27.6% of post-merger common stock.","Vessels valued at ~$271M inclusive of $100M assumed vessel financing; net asset value of $171M.","Owned fleet expands to 41 ships (handy to post-Panamax) plus growing terminal operations.","Transaction funded by issuance of shares; DNB Markets acted as financial advisor, Seward & Kissel as legal counsel.","CEO Mark Filanowski cites new offerings for clients and expanded logistics capabilities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192034,"accession_number":"0000919574-24-007335","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2024-12-30T23:59:59+00:00","items":["2.01","5.07","9.01"],"status":"ready","headline":"Pangaea Logistics completes acquisition of 15 handy-size dry bulk vessels from SSI","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Issued 18,059,342 shares to Strategic Shipping Inc.; total shares outstanding now 64,961,433.","Special meeting on Dec 30, 2024 approved issuance: 34,592,844 for, 194,197 against, 54,334 abstain.","Acquisition adds 15 handy-size dry bulk vessels to Pangaea's fleet.","Deal previously announced Sep 23, 2024; completion on Dec 30, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192031,"accession_number":"0001606909-24-000131","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K/A","filed_at":"2024-11-26T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Pangaea Logistics files Renaissance 2023 financials for 15-vessel acquisition; revenue $83.4M but net loss $2.9M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Renaissance 2023 audited financials: revenue $83.4M, net loss $2.9M, total assets $220.7M, total liabilities $133.2M.","Merger consideration to be paid in PANL common shares based on NAV-to-NAV exchange ratio; shares unregistered under Securities Act.","Pro forma unaudited combined financials for year ended Dec 2023 and nine months ended Sep 2024 filed as Exhibit 99.3.","Transaction subject to shareholder approval under Nasdaq Listing Rule 5635; proxy statement to be filed.","Renaissance had net current liabilities of $15.6M as of Dec 2023; shareholder agreed to convert due amount to equity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192033,"accession_number":"0001606909-24-000123","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2024-11-13T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Pangaea Logistics proposes fleet combination with Strategic Shipping Inc., seeks shareholder vote","summary_kind":"llm","event_type":"m_and_a","confidence":"medium","bullets":["Proposed fleet combination transaction to acquire vessels owned by Strategic Shipping Inc.","Transaction requires shareholder approval under Nasdaq Listing Rule 5635; proxy statement to be filed.","Q3 2024 earnings call held Nov 13; transcript furnished as exhibit and replay available through Nov 20."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192032,"accession_number":"0001606909-24-000120","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2024-11-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Q3 net income $5.1M ($0.11/share); merger of 15 vessels from MTM by year-end","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $5.1M ($0.11 diluted) vs $18.9M ($0.42) YoY; adjusted net income $11.1M ($0.24).","Total revenue $153.1M, +13% YoY; TCE $16,324/day, +4% and 19% above Baltic indices.","Adj. EBITDA $23.9M, -14.2%; margin 15.6% vs 20.6% on higher voyage/charter costs.","Board declared $0.10/share quarterly dividend, payable Dec 13 to holders of record Nov 29.","Agreement to merge 15 dry bulk vessels from MTM in all-stock deal, expected close by year-end pending shareholder approval."],"consensus_eps_estimate":null,"consensus_eps_actual":0.45,"consensus_revenue_estimate":null,"consensus_revenue_actual":389361469.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208510,"accession_number":"0001606909-24-000108","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2024-09-24T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Pangaea Logistics merges its dry bulk fleet with 15 vessels from Strategic Shipping Inc.","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Pangaea Logistics (PANL) held an investor call on Sept 24, 2024 to discuss merging its dry bulk fleet with 15 vessels owned by Strategic Shipping Inc.","The merger was announced via press release on Sept 23, 2024 and detailed in the 8-K filed Sept 24, 2024.","Company executives including CEO Mark Filanowski and Chairman Richard du Moulin led the investor update call.","A transcript of the call is attached as Exhibit 99.1 to the Form 8-K.","The combined fleet will strengthen Pangaea's position in dry bulk shipping."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208509,"accession_number":"0001606909-24-000105","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2024-09-24T23:59:59+00:00","items":["1.01","3.02","7.01","9.01"],"status":"ready","headline":"Pangaea to acquire 15 dry bulk vessels from MTM in all-stock deal worth ~$295M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Issuing ~19M shares (~29% pro forma) for 15 handy-size vessels valued at $295M, net of $102M debt = $193M NAV.","Adds 15 vessels, expanding owned fleet by 60% to 41; expected close Q4 2024, subject to shareholder approval.","SSI to designate Christina Tan (MTM CEO) and Gary Vogel (former Eagle Bulk CEO) to Pangaea board.","Transaction expected to be accretive; maintains leverage of ~34.6% and includes MTM dry bulk chartering team.","Cash consideration limited to working capital; Pangaea assumes current charter commitments of SSI fleet."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208508,"accession_number":"0001606909-24-000089","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2024-08-09T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Pangaea Logistics shareholders elect directors and approve 2024 equity plan at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Eric Rosenfeld, Mark Filanowski, Anthony Laura elected as Class I directors for three-year terms.","Shareholders approved amended 2014 Share Incentive Plan with 28.98M votes for (~83% of votes cast).","Ratified Grant Thornton as independent auditor for FY2023 with 39.64M votes for.","Advisory say-on-pay approved (33.58M for); shareholders recommended one-year frequency."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208507,"accession_number":"0001606909-24-000085","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Q2 net income $3.7M ($0.08/diluted); revenue $131.5M; dividend $0.10","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income attributable to Pangaea $3.7M ($0.08 diluted); adjusted net income $4.6M ($0.10 diluted).","Revenue $131.5M; TCE rates $16,223/day, up 4% YoY; shipping days up 2% to 4,117.","Adjusted EBITDA $15.9M flat YoY; margin 12.1% vs 13.5% prior year; net debt/EBITDA 2.1x.","Declared quarterly dividend $0.10/share, payable Sept 16, 2024, record Sept 2.","Acquired two 2016-built vessels for $56.6M; owned fleet expands to 26; booked 3,298 Q3 days at $17,978/day TCE."],"consensus_eps_estimate":null,"consensus_eps_actual":0.33,"consensus_revenue_estimate":null,"consensus_revenue_actual":236246405.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226198,"accession_number":"0001606909-24-000070","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2024-05-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Q1 net income $11.7M, adj. EPS $0.14; TCE rates up 23%; acquires two vessels for $56.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 net income $11.7M ($0.25 diluted); adjusted net income $6.6M ($0.14 diluted); total revenue $104.7M.","TCE rate $17,697/day, up 23% YoY; exceeded Baltic Panamax/Supramax indices by 29%.","Adjusted EBITDA $19.9M, up 23% YoY; margin 19.0% vs 14.3%.","Acquired two 58,000 dwt bulk vessels for $56.6M; delivery expected Q3 2024.","Declared $0.10/share quarterly dividend payable June 13, 2024; record May 30, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":0.25,"consensus_revenue_estimate":null,"consensus_revenue_actual":104748553.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245265,"accession_number":"0001606909-24-000052","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2024-03-15T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Pangaea Logistics files $25M shelf, enters ATM sale agreement with B. Riley et al.","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered At Market Issuance Sales Agreement with B. Riley, Fearnley, and A.G.P. for up to $25M in common stock.","Shelf registration statement filed March 14, 2024, replacing expired shelf (Jan 28, 2024); not yet effective.","Sales agents will receive up to 3.0% commission on gross proceeds; Company to reimburse certain expenses.","Proceeds from at-the-market offering to be used for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245264,"accession_number":"0001606909-24-000036","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2024-03-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Q4 net income $1.1M, adj $7.4M; TCE beats indices 27%; FY net $26.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $1.1M ($0.03 diluted EPS); adjusted net income $7.4M ($0.16 diluted EPS).","Q4 total revenue $131.9M; adjusted EBITDA $19.7M (14.9% margin vs 21% prior year).","Q4 TCE $17,685/day, down 11.7% YoY, but beat Baltic Panamax and Supramax indices by 27%.","Full year 2023: net income $26.3M ($0.58 diluted EPS); adjusted $31.4M ($0.69 EPS); revenue $499.3M.","Cash $99M; net debt/EBITDA 2.12x; quarterly dividend $0.10/share declared for March 15, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245263,"accession_number":"0001606909-24-000004","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2024-02-15T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Pangaea declares $0.10 quarterly dividend payable March 15, 2024","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.10 per common share declared by Board of Directors.","Payable on March 15, 2024 to shareholders of record as of March 1, 2024.","Dividend remains at previous quarterly rate; no change indicated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262719,"accession_number":"0001606909-23-000129","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2023-11-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Q3 net income flat at $18.9M; revenue down 26% YoY; TCE rates fall 35%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $18.9M ($0.42 diluted EPS); adjusted net income $14.4M ($0.32 adjusted EPS).","Revenue $135.6M, down from $184.5M YoY; TCE rate $15,748/day, -35% vs $24,107.","TCE exceeded Baltic Panamax/Supramax indices by 49%; Adj. EBITDA $27.9M (vs $38.5M).","Q4-to-date TCE $19,000/day on ~2,715 days; declared $0.10 dividend payable Dec 15.","Sold Bulk Trident for $9.8M in Oct; net debt/EBITDA 2.2x; operating cash flow $16.3M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.56,"consensus_revenue_estimate":null,"consensus_revenue_actual":367390917.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":279909,"accession_number":"0001606909-23-000114","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2023-08-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Q2 net income $2.8M ($0.06/diluted), revenue $118M; TCE rates down 43% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income attributable to Pangaea $2.8M ($0.06 diluted); adjusted net income $4.6M ($0.10 diluted).","Revenue $118.1M; TCE rates $15,558/day (-43% YoY); adjusted EBITDA $15.9M (-64% YoY).","Acquired Bulk Prudence (61,000 dwt) for $26.6M cash and port terminal ops in FL and MD.","Declared $0.10/share quarterly dividend, payable Sept 15, record Sept 1.","Q3 guidance: ~3,500 shipping days booked at TCE $16,700/day."],"consensus_eps_estimate":null,"consensus_eps_actual":0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":231774729.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":279908,"accession_number":"0001606909-23-000112","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2023-08-09T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Pangaea Logistics holds 2023 annual meeting; all proposals approved","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Re-elected Class III directors Richard T. du Moulin (29.5M for) and Karen H. Beachy (30.9M for).","Ratified Grant Thornton LLP as independent auditor for FY 2023 (37.3M for, 97k against).","Advisory say-on-pay approved with 28.9M votes for, 2.0M against.","Shareholders recommended future say-on-pay votes every 1 year (28.5M for one-year)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298395,"accession_number":"0001606909-23-000079","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2023-06-27T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Pangaea Logistics to join Russell 3000 Index effective June 26, 2023","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Selected for broad-market Russell 3000 Index at 2023 annual reconstitution, effective after U.S. market open on June 26.","FTSE Russell determines membership by market-cap rankings; $12.1 trillion in assets benchmarked against Russell US indexes.","CEO Mark Filanowski says inclusion builds awareness and increases exposure to new investor audiences.","Pangaea's integrated shipping model continues to deliver above-market returns, contributing to long-term shareholder value."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298394,"accession_number":"0001606909-23-000069","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2023-06-02T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Pangaea Logistics completes acquisition of port terminal operations from Host Terminals","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired marine port terminal operations in Port Everglades/Ft. Lauderdale, Port of Palm Beach (FL) and Port of Baltimore (MD) from Host Terminals LLC.","All-cash transaction; immediately accretive to Pangaea’s earnings per share.","Expands North American terminal network into mid-Atlantic and southeastern US, adding dry bulk distribution capabilities.","Deal was previously announced; completion announced on June 1, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298393,"accession_number":"0001606909-23-000061","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2023-05-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Q1 net income $3.5M, down 83% YoY; TCE rates $14,372/day, -46%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $3.5M ($0.08 diluted EPS) vs $20.2M YoY; adjusted net income $5.1M ($0.11).","Revenue $113.7M, down 41% YoY; TCE $14,372/day, down 46% but 48% above Baltic indices.","Adjusted EBITDA $16.2M, down 48% YoY; cash $129.1M; net debt/EBITDA 1.3x.","Declared $0.10/share quarterly dividend (paid June 15); increased 100% YoY.","Acquired terminal ops for $7.2M (Port Everglades, Palm Beach, Baltimore); purchased vessel Bulk Prudence for $26.6M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":113699075.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298392,"accession_number":"0001606909-23-000055","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2023-05-02T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Pangaea acquires three port terminal operations from Host Terminals for under $10M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquires marine port terminals at Port Everglades/Ft. Lauderdale, Port of Palm Beach, and Port of Baltimore from Host Terminals LLC (T. Parker Host).","All-cash purchase price under $10 million; expected to close in Q2 2023, subject to regulatory review.","Expands Pangaea's North American terminal network to mid-Atlantic and southeastern US, adding dry bulk distribution capabilities.","CEO Mark Filanowski says deal extends service relationship beyond ocean freight, adding onshore logistics in two new ports.","Existing employees of Host operations will join Pangaea to maintain service continuity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298391,"accession_number":"0001606909-23-000051","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2023-04-26T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Pangaea Logistics acquires dry bulk vessel Bulk Prudence for $26.6M cash","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Acquired 61,000 dwt Ultramax vessel built in 2014 for $26.6 million cash.","Vessel to be renamed Bulk Prudence, expected delivery in June 2023.","Bulk Prudence will be the 25th owned vessel in Pangaea's fleet.","Company operates 50 vessels total including short-term charters.","CEO cites strategic focus on maximizing TCE rates with newer, high-quality vessels."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":318609,"accession_number":"0001606909-23-000040","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2023-03-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Logistics reports record FY2022 results; Q4 net income flat, adjusted EPS down 43% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2022 net income $79.5M ($1.76 diluted) up 17% YoY; adjusted net income $82.1M ($1.82 diluted) up 29%.","Q4 2022 revenue $127.9M (down 45% YoY); adjusted EBITDA $26.9M (down 29%); TCE $20,023/day, 41% premium over market.","Q4 adjusted EPS $0.32 vs $0.56 prior year, decline of 43%; net income flat at $15.5M.","Ended 2022 with $128.4M cash; net debt/EBITDA 1.25x; declared $0.10 quarterly dividend paid March 15.","Sold m/v Bulk Newport for $9.2M in Q1 2023; Q1-to-date TCE booked at $15,065/day for 3,970 ship days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":318608,"accession_number":"0001606909-23-000013","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2023-02-16T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Pangaea Logistics declares $0.10 quarterly dividend, payable March 15, 2023","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.10 per common share declared.","Payable March 15, 2023 to shareholders of record as of March 1, 2023.","Dividend is a regular quarterly distribution; no change from prior rate indicated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":336846,"accession_number":"0001606909-22-000097","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2022-11-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Q3 GAAP EPS $0.42 (-30% y/y), adjusted $0.52 (+8%); revenue $184.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $18.8M ($0.42 diluted EPS) vs $27.0M ($0.60) in Q3 2021.","Adjusted net income $23.3M ($0.52 diluted EPS), up 8% y/y; Adjusted EBITDA $38.5M, up 14%.","TCE rate $24,107/day (-16% y/y) but 41% above benchmark Baltic Panamax/Supramax indices.","Cash $117.9M (up $68.8M y/y); net debt/EBITDA 1.2x; declared $0.10 dividend payable Dec 15.","Acquired supramax Bulk Sachuest for $16.6M; owned fleet now 25 vessels, operates ~55 total."],"consensus_eps_estimate":null,"consensus_eps_actual":1.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":571783496.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":354221,"accession_number":"0001606909-22-000083","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2022-08-23T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Pangaea Logistics acquires Ultramax bulk carrier for $17.1M, owned fleet to reach 25 vessels","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Purchase price USD 17.1 million for a 2010-built, 56,000 dwt Ultramax dry bulk vessel.","Vessel named Bulk Sachuest to be delivered in September or October 2022.","Owned fleet expands to 25 ships; total operated fleet stays at 50-60 vessels.","Vessel previously chartered-in for one year; fits core fleet for premium cargo contracts."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":354220,"accession_number":"0001606909-22-000079","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2022-08-10T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Pangaea shareholders reelect directors, approve equity plan and bye-law amendment","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Carl Claus Boggild and David D. Sgro elected as Class II directors with 26M and 21.8M votes for, respectively.","Karen H. Beachy elected as Class III director with 29.3M votes for.","Shareholders approved amendment of 2014 Equity Incentive Plan (29.9M for, 1.1M against).","Amendment and restatement of bye-laws approved (30.5M for, 0.5M against).","Board adopted gender-inclusive language in By-Laws, effective August 5, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":354219,"accession_number":"0001606909-22-000067","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2022-08-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Logistics Q2 2022 net income $25.0M ($0.56/diluted); revenue up 34% YoY to $195.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $195.5M (+34% YoY); adjusted EBITDA $44.2M (+107% YoY).","TCE rates $27,139/day (+29% YoY); operating cash flow $37.2M (+155% YoY).","Cash $102.2M (+152% YoY); net debt/adj. EBITDA 1.4x.","Quarterly dividend $0.075/share payable Sept 15, 2022 to holders of record Sept 1.","Q3-to-date booked 3,026 days at TCE $25,600/day; ice-class fleet fully deployed."],"consensus_eps_estimate":null,"consensus_eps_actual":1.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":387306359.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":372148,"accession_number":"0001606909-22-000051","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2022-05-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Q1 net income $20.2M, up 245% YoY; TCE $26,472/day beats market by 17%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income attributable to Pangaea of $20.2M ($0.45 diluted EPS) vs $5.9M ($0.13) YoY; adjusted EPS $0.35 vs $0.09.","Revenue $191.8M, up 53% YoY; TCE rate $26,472/day outperformed Baltic supramax/panamax index ($22,637) by 17%.","Adjusted EBITDA $31.3M, up 159% from $12.1M in Q1 2021; cash from operations $32.1M vs $4.9M.","Board declared quarterly dividend of $0.075/share, payable June 15, 2022 to holders of record June 1, 2022.","Sold 1999-built m/v Bulk Pangaea for $8.6M net; recorded $3.0M impairment and classified as held for sale."],"consensus_eps_estimate":null,"consensus_eps_actual":0.45,"consensus_revenue_estimate":null,"consensus_revenue_actual":191762403.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":391032,"accession_number":"0001606909-22-000037","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2022-03-29T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Pangaea appoints Karen H. Beachy to Board of Directors, effective March 28, 2022","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Karen H. Beachy appointed to board, effective March 28, 2022.","Beachy brings supply chain risk analysis experience from The Alliance Risk Group and serves as independent director of Oceaneering International.","Chairman Richard du Moulin cites her operations and strategic experience as complementing the board.","Beachy holds a BA from Purdue and an MBA from Krannert Graduate School of Management."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":391031,"accession_number":"0001606909-22-000030","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2022-03-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Pangaea Logistics Q4 net income $15.2M, adjusted EPS $0.56; record FY 2021","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2021 net income $15.2M vs $7.6M in Q4 2020; diluted EPS $0.34 vs $0.17.","FY 2021 net income $67.2M vs $11.4M; revenue $718.1M (+88% YoY); TCE $25,056/day (+102%).","Adjusted EBITDA $38.0M in Q4, $105.1M for FY; cash from operations $61.7M.","Cash and cash equivalent $56.2M at Dec 31, 2021; working capital improved to $72.2M.","Declared $0.05/share dividend paid March 15, 2022; acquired four newbuild Ice Class vessels in 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":391030,"accession_number":"0001606909-22-000019","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2022-02-22T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Pangaea appoints Mads Boye Petersen as COO effective April 1, 2022","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Petersen replaces Mark Filanowski, who was promoted to CEO in December 2021.","New COO to oversee group strategy, execution, capital markets, and ESG initiatives.","Petersen has been with Pangaea since 2009, leading its ice-class shipping business.","He will continue as Managing Director for Danish and Singapore subsidiaries.","Petersen holds an Executive MBA from Copenhagen Business School."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":391029,"accession_number":"0001606909-22-000011","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2022-02-16T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Pangaea Logistics raises quarterly dividend 43% to $0.05 per share","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend increased to $0.05 per common share from prior $0.035, a 43% rise.","Dividend payable March 15, 2022 to shareholders of record as of March 1, 2022.","CEO cites strong shipping markets, constrained new supply, and good H2 2021 results."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":511544732.23341525,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":409162,"accession_number":"0001606909-21-000128","cik":1606909,"company_name":"Pangaea Logistics Solutions Ltd.","ticker":"PANL","form_type":"8-K","filed_at":"2021-12-14T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Pangaea CEO and Chairman Ed Coll dies; 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