Anthony Laura was removed as Director at Pangaea Logistics Solutions Ltd..
“Eric S. Rosenfeld, David D. Sgro and Anthony Laura were removed from the Board of Directors of the Company.”
Pangaea Logistics Solutions Ltd. — fact timeline
Source-grounded facts extracted from Pangaea Logistics Solutions Ltd.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
David D. Sgro was removed as Director at Pangaea Logistics Solutions Ltd..
“Eric S. Rosenfeld, David D. Sgro and Anthony Laura were removed from the Board of Directors of the Company.”
Eric S. Rosenfeld was removed as Director at Pangaea Logistics Solutions Ltd..
“Eric S. Rosenfeld, David D. Sgro and Anthony Laura were removed from the Board of Directors of the Company.”
Pangaea Logistics Solutions Ltd. shareholders approved To approve, on an advisory, non-binding basis, the compensation of named executive officers at the 2026-05-07 meeting.
“5. To approve, on an advisory, non-binding basis, the compensation of named executive officers: Votes For Votes Against Abstain Broker Non-Vote 47,010,138 825,844 692,203 5,731,075”
Pangaea Logistics Solutions Ltd. shareholders approved To ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year 2026 at the 2026-05-07 meeting.
“4. To ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year 2026: Votes For Votes Against Abstain Broker Non-Vote 53,448,589 280,481 530,190 —”
Pangaea Logistics Solutions Ltd. shareholders approved To elect one nominee to our Board of Directors as a Class II directors serving until the annual meeting of shareholders to be held in 2028 at the 2026-05-07 meeting.
“3. To elect one nominee to our Board of Directors as a Class II directors serving until the annual meeting of shareholders to be held in 2028: Class II Nominees Votes For Votes Against Abstain Broker Non-Vote Eugene I. Davis 46,867,026 963,350 697,809 5,731,075”
Pangaea Logistics Solutions Ltd. shareholders approved To elect one director to our Board of Directors as a Class I director serving until the annual meeting of shareholders to be held in 2027 at the 2026-05-07 meeting.
“2. To elect one director to our Board of Directors as a Class I director serving until the annual meeting of shareholders to be held in 2027. Class I Nominees Votes For Votes Against Abstain Broker Non-Vote Mads Rosenberg Boye Petersen 48,201,270 293,007 33,908 5,731,075”
Pangaea Logistics Solutions Ltd. shareholders approved To elect the following directors to our Board of Directors as Class III directors serving until the annual meeting of shareholders to be held in 2029 at the 2026-05-07 meeting.
“1. To elect the following directors to our Board of Directors as Class III directors serving until the annual meeting of shareholders to be held in 2029: Class III Nominees Votes For Votes Against Abstain Broker Non-Vote Richard T. du Moulin 44,406,109 3,441,523 680,553 5,731,075 Karen H. Beachy 47,068,821 775,680 683,684 5,731,075 Gary Vogel 46,568,495 1,417,883 541,807 5,731,075 Paul M. Leand, Jr. 47,396,611 1,099,077 32,497 5,731,075”
Pangaea Logistics Solutions Ltd. reported the three months ended March 31, 2026 results: revenue total revenue of $170.6 million, net income GAAP net income attributable to Pangaea of $13.3 million, or $0.21 per share, EPS $0.21 per share.
“per common share For the three months ended March 31, 2026, Pangaea reported non-GAAP adjusted net income of $7.0 million, or $0.11 net income per share, on total revenue of $170.6 million. First quarter TCE rates increased 34% on a year-over-year basis, while total shipping days, which include both voyage and time charter days, increased 14% to 5,947 days. The”
Pangaea Logistics Solutions Ltd. reported the three months ended December 31, 2025 results: revenue $183.9 million, net income $10.1 million, EPS $0.16 per share.
“Pangaea reported non-GAAP adjusted net income of $10.1 million, or $0.16 per share, on total revenue of $183.9 million.”
Pangaea Logistics Solutions Ltd. entered into Cooperation Agreement with Strategic Shipping Inc. valued at Cooperation agreement providing for standstill restrictions and appointment of Paul M. Leand, Jr. as (effective 2025-11-26).
“Item 1.01 Entry into a Material Definitive Agreement. On November 26, 2025, Pangaea Logistics Solutions Ltd. (the “Company”) and Strategic Shipping Inc. (“SSI”) entered into a cooperation agreement (the “Agreement”) that provides for, among other terms, certain customary standstill restrictions during the period from the date of the Agreement until June 30, 2026. Pursuant to the Agreement, and upon the recommendation of the Nominating and ESG Committee of the Board of Directors of the Company (the “Board”), the Board agreed, among other things, to appoint Paul M. Leand, Jr. to serve as a Class III director on the Board, effective as of November 26, 2025, for a term expiring at the 2026 annual general meeting of shareholders of the Company (the “2026 Annual Meeting”). The Board also agreed to nominate Mr. Leand as a Class III director at the 2026 Annual Meeting. A copy of the Agreement is filed with this Current Report on Form 8-K and attached hereto as Exhibit 10.1 and incorporated by”
Pangaea Logistics Solutions Ltd. engaged Deloitte & Touche LLP as its auditor.
“Engagement of New Independent Registered Public Accounting Firm Following the competitive process to determine the Company’s independent registered public accounting firm, on August 27, 2025, the Audit Committee approved the engagement of Deloitte & Touche LLP. (“New Auditor”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.”
Pangaea Logistics Solutions Ltd. dismissed Grant Thornton LLP as its auditor.
“Dismissal of Independent Registered Public Accounting Firm On August 27, 2025, the Audit Committee of the Board of Directors of Pangaea Logistics Solutions Ltd. (the “Company”) completed a competitive process to determine the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. Following that process, on August 27, 2025, the Company informed Grant Thornton LLP (“Former Auditor”) of its dismissal as the Company’s independent registered public accounting firm, effective immediately.”
Pangaea Logistics Solutions Ltd. completed an acquisition involving Strategic Shipping Inc. (SSI) for $271 million at the closing, inclusive of $100 million of vessel related financing agreements assumed by Pangaea, resulting in a net asset value of $171 million (closed 2024-12-30).
“outstanding common stock immediately following the consummation of the Transaction, in exchange for the fifteen handy-size vessels. SSI’s vessels were valued at approximately $271 million at the closing, inclusive of $100 million of vessel related financing agreements assumed by Pangaea, resulting in a net asset value of $171 million. MANAGEMENT COMMENTARY “We are”
Pangaea Logistics Solutions Ltd. completed an acquisition involving Strategic Shipping Inc. for 18,059,342 shares of its common stock (closed 2024-12-30).
“Renaissance Holdings LLC, a wholly-owned subsidiary of SSI, and Renaissance Merger Sub LLC, a wholly-owned subsidiary of the Company, the Company issued to SSI an aggregate of 18,059,342 shares of its common stock. Following the consummation of the Transaction, the Company has a total of 64,961,433 shares of common stock issued and outstanding. For additional”
Pangaea Logistics Solutions Ltd. reported three months ended March 31, 2024 results: revenue $104.7 million, net income $11.7 million, EPS $0.25 per diluted share.
“million in May 2024 For the first quarter ended March 31, 2024, Pangaea reported non-GAAP adjusted net income of $6.6 million, or $0.14 per diluted share, on total revenue of $104.7 million. First quarter TCE rates increased 23% on a year-over-year basis, while total shipping days, which include both voyage and time charter days, declined 7% to 3,685 days, when”
Pangaea Logistics Solutions Ltd. entered into At Market Issuance Sales Agreement with B. Riley Securities, Inc., Fearnley Securities, Inc. and A.G.P./Alliance Global Partners valued at up to $25,000,000 (effective 2024-03-14).
“On March 14, 2024, Pangaea Logistics Solutions Ltd. (the “Company”) entered into an at market issuance sales agreement (the “At Market Issuance Sales Agreement”) with B. Riley Securities, Inc., Fearnley Securities, Inc. and A.G.P./Alliance Global Partners as sales agents (each, a “Sales Agent” and collectively, the “Sales Agents”), to sell shares of common stock, par value $0.0001 per share, of the Company (the “Common Stock”) having aggregate sales proceeds of up to $25,000,000”
Pangaea Logistics Solutions Ltd. reported year ended December 31, 2023 results: revenue $499.3 million, net income $31.4 million, EPS $0.69 per diluted share.
“For the full year ended December 31, 2023, Pangaea reported non-GAAP adjusted net income of $31.4 million or $0.69 per diluted share, on total revenue of $499.3 million.”
Pangaea Logistics Solutions Ltd. reported three months ended December 31, 2023 results: revenue $131.9 million, net income $7.4 million, EPS $0.16 per diluted share.
“For the fourth quarter ended December 31, 2023, Pangaea reported non-GAAP adjusted net income of $7.4 million, or $0.16 per diluted share, on total revenue of $131.9 million.”
Pangaea Logistics Solutions Ltd. reported three months ended September 30, 2023 results: revenue $135.6 million, net income $18.9 million, or $0.42 per diluted share, EPS $0.42 per diluted share.
“For the third quarter ended September 30, 2023, Pangaea reported non-GAAP adjusted net income of $14.4 million, or $0.32 per diluted share, on total revenue of $135.6 million.”
Pangaea Logistics Solutions Ltd. reported three months ended June 30, 2023 results: revenue $118.1 million, net income non-GAAP adjusted net income of $4.6 million, EPS $0.10 per diluted share.
“Net income attributable to Pangaea of $2.8 million, or $0.06 per diluted share”
Pangaea Logistics Solutions Ltd. shareholders voted on To recommend, on a non-binding basis, the frequency of future advisory votes on compensation of named executive officers at the 2023-08-07 meeting.
“4. To recommend, on a non-binding basis, the frequency of future advisory votes on compensation of named executive officers: One Year Two Year Three Year Abstain Broker Non-Vote 28,483,221 428,197 1,968,243 129,503 6,432,471”
Pangaea Logistics Solutions Ltd. shareholders approved To approve, on an advisory, non-binding basis, the compensation of named executive officers at the 2023-08-07 meeting.
“3. To approve, on an advisory, non-binding basis, the compensation of named executive officers: Votes For Votes Against Abstain Broker Non-Vote 28,902,222 1,987,684 119,258 6,432,471”
Pangaea Logistics Solutions Ltd. shareholders approved To ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the Company's fiscal year 2023 at the 2023-08-07 meeting.
“2. To ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the Company's fiscal year 2023: Votes For Votes Against Abstain Broker Non-Vote 37,300,865 97,378 43,392 —”
Pangaea Logistics Solutions Ltd. shareholders approved Election of Class III directors at the 2023-08-07 meeting.
“Class III Nominees Votes For Votes Against Abstain Broker Non-Vote Richard T. du Moulin 29,528,864 1,449,961 30,339 6,432,471 Karen H. Beachy 30,894,969 84,163 30,032 6,432,471”
Pangaea Logistics Solutions Ltd. reported the first quarter ended March 31, 2023 results: revenue $113.7 million, net income $5.1 million, EPS $0.11 per diluted share.
“For the first quarter ended March 31, 2023, Pangaea reported non-GAAP adjusted net income of $5.1 million, or $0.11 per diluted share, on total revenue of $113.7 million.”
Pangaea Logistics Solutions Ltd. reported three months ended September 30, 2022 results: revenue $184.5 million, net income $18.8 million, EPS $0.42 per diluted share.
“its results for the three months ended September 30, 2022. THIRD QUARTER 2022 RESULTS (As compared to the Third Quarter 2021) • Total revenue decreased 13% year over year to $184.5 million; voyage revenue decreased 7% year over year • Net income attributable to Pangaea of $18.8 million, or $0.42 per diluted share, a decline of 30% y/y - Adjusted net income”
Karen H. Beachy was appointed as director at Pangaea Logistics Solutions Ltd..
“On March 25, 2022, Pangaea Logistics Solutions Ltd. (NASDAQ : PANL) appointed Karen H. Beachy to serve as a director on the Company's board, effective March 28, 2022.”
Mads Boye Petersen was appointed as Chief Operating Officer at Pangaea Logistics Solutions Ltd..
“Mads Boye Petersen has been appointed as Chief Operating Officer, effective on April 1, 2022.”
Ed Coll departed as Chairman and Chief Executive Officer at Pangaea Logistics Solutions Ltd..
“On December 14, 2021 , Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ: PANL) announces the death of Ed Coll, its Chairman and Chief Executive Officer”
Richard du Moulin was appointed as interim Chairman of the Board of Directors at Pangaea Logistics Solutions Ltd..
“On November 8, 2021, the Board of Pangaea Logistics Solutions Ltd. appointed Richard du Moulin to serve as the Company's interim Chairman of the Board of Directors, effective immediately.”
Mark Filanowski was appointed as interim Chief Executive Officer at Pangaea Logistics Solutions Ltd..
“In Mr. Coll’s absence, the Board has appointed Mark Filanowski as interim Chief Executive Officer.”
Ed Coll departed as Chairman and Chief Executive Officer at Pangaea Logistics Solutions Ltd..
“On September 20, 2021 , Pangaea Logistics Solutions Ltd. (NASDAQ : PANL) reports that its Chairman and Chief Executive Officer, Ed Coll, is not able to perform his duties due to a sudden non-covid related illness and will be on medical leave.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.