Pangaea Logistics Solutions Ltd. Appoints Eugene I.

Core Points - Pangaea Logistics Solutions Ltd. has appointed Eugene I. Davis as a Class II director on its Board of Directors, effective immediately, replacing Christina Tan who has resigned [1][2] - Mr. Davis brings 40 years of experience in advising companies on shareholder value creation and corporate strategy, and he is currently the Chairman and CEO of PIRINATE Consulting Group LLC [2] - The appointment of Mr. Davis aligns with the company's strategic priorities and aims to enhance long-term shareholder returns [3] Company Overview - Pangaea Logistics Solutions Ltd. provides comprehensive maritime logistics solutions, including seaborne dry bulk logistics and transportation services, as well as terminal and stevedoring services [4] - The company services a diverse range of industrial customers requiring transportation of various dry bulk cargoes such as grains, coal, iron ore, and cement clinker [4] - Pangaea addresses logistics needs through a comprehensive set of services, including cargo loading, discharge, port operations, vessel chartering, and technical management [4]