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8-K filing — Pangaea Logistics Solutions Ltd. (PANL)

Aug 10, 2026, 9:12 PMSEC EDGAR

Filed: 2026-08-10 AccNo: 0001628280-26-055346 Size: 2 MB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits

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PANL
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Aug 10, 2026, 9:12 PM
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Aug 10, 2026, 9:12 PM
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  1. Aug 18, 2026, 1:23 AMMotley Fool Transcribing

    Pangaea Logistics (PANL) Q2 2026 Earnings Call Transcript

    Pangaea Logistics reported strong Q2 2026 results with revenue of $187.1 million (19% growth) and adjusted EBITDA of $35 million (125% growth), driven by a 50% increase in time charter equivalent rates to $18,153 per day, which exceeded market benchmarks by 10%. The company expanded its terminal operations to Port Tampa Bay, increased its quarterly dividend to $0.10 per share, and sold older vessels as part of its fleet renewal strategy while maintaining a net debt to EBITDA ratio of 2.1x.

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