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Pangaea Logistics Solutions Ltd. Appoints Eugene I.
Prnewswire· 2025-12-18 21:30
NEWPORT, R.I., Dec. 18, 2025 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (Nasdaq: PANL), a global provider of comprehensive maritime logistics solutions, today announced the appointment of Eugene I. Davis to the Company's Board of Directors (the "Board") as a Class II director, effective immediately. Mr. Davis will replace Christina Tan, who has resigned from her position effective immediately prior to the appointment of Mr. Davis.  The Board has determined that Mr. Davis ...
Pangaea Logistics (PANL) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-12-17 18:01
Investors might want to bet on Pangaea Logistics (PANL) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by th ...
Pangaea Logistics (PANL) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2025-12-15 14:55
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting that trends can reverse unexpectedly, leading to potential losses for investors [1][2]. Group 1: Trend Analysis - The "Recent Price Strength" screen is a useful tool for investors to identify stocks that are currently trending upwards, supported by strong fundamentals and trading near their 52-week high [3]. - Pangaea Logistics (PANL) has shown a solid price increase of 31.9% over the past 12 weeks, indicating strong investor interest and potential for further gains [4]. - PANL has also experienced a price increase of 10.3% over the last four weeks, suggesting that the upward trend is still intact [5]. Group 2: Fundamental Strength - PANL holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. Group 3: Investment Strategy - The article suggests that the price trend for PANL is unlikely to reverse soon, and encourages investors to explore other stocks that meet the "Recent Price Strength" criteria [8]. - It also highlights the importance of backtesting stock-picking strategies to ensure past profitability, recommending the use of the Zacks Research Wizard for this purpose [9].
Seamless integration behind DP World rebrand of ocean container line
Yahoo Finance· 2025-12-11 16:46
DP World’s Marine Services is rebranding its Unifeeder ocean liner unit. As of December, the world’s 16th-largest container carrier, which comprises Unifeeder A/S and Unifeeder ISC, will now be known as Shipping Solutions. The Dubai-based logistics provider also rebranded Multimodal Solutions (formerly P&O Ferrymasters) and Maritime Solutions (formerly P&O Maritime Logistics). “In an industry known for its complexity, this step promises a future where customers benefit from the clarity of interacting wi ...
Here's Why Momentum in Pangaea Logistics (PANL) Should Keep going
ZACKS· 2025-11-27 14:56
Core Viewpoint - The article emphasizes the importance of identifying and sustaining stock price trends for successful short-term investing, highlighting the need for strong fundamentals and positive earnings revisions to maintain momentum [1][2]. Group 1: Stock Performance - Pangaea Logistics (PANL) has shown a solid price increase of 37.4% over the past 12 weeks, indicating strong investor interest [4]. - The stock has experienced a significant price increase of 45.3% over the last four weeks, suggesting that the upward trend is still intact [5]. - PANL is currently trading at 95.8% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - PANL holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks generating an average annual return of +25% since 1988 [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors to identify stocks like PANL that are on an uptrend supported by strong fundamentals [3]. - The article suggests that there are other stocks passing through the "Recent Price Strength" screen that may also be worth considering for investment [8]. - Investors are encouraged to utilize the Zacks Research Wizard to backtest stock-picking strategies and identify profitable opportunities [9].
Gal Dayan Joins Horizon Group as Chief Operating Officer
Businesswire· 2025-11-21 15:35
Nov 21, 2025 10:35 AM Eastern Standard Time Gal Dayan Joins Horizon Group as Chief Operating Officer Share GARDEN CITY, N.Y.--(BUSINESS WIRE)--Horizon Group ("Horizon†or the "Company†), a leading global provider of specialized international freight forwarding focused on time-critical marine spare parts logistics, has announced that Gal Dayan has been appointed as Horizon's new COO, effective April 15, 2025. Horizon is a portfolio company of GHK Capital Partners LP ("GHK†), a leading middle- market priva ...
Pangaea Logistics (PANL) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2025-11-11 14:56
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...
Pangaea Logistics Solutions Ltd. Reports Financial Results for the Third Quarter Ended September 30, 2025
Prnewswire· 2025-11-06 21:30
Core Insights - Pangaea Logistics Solutions Ltd. reported strong financial results for Q3 2025, with adjusted net income of $11.2 million and total revenue of $168.7 million, reflecting a 20.3% increase in adjusted EBITDA to $28.9 million compared to the previous year [2][4][7] Financial Performance - Non-GAAP adjusted net income was $11.2 million, or $0.17 per share, with total revenue of $168.7 million for the three months ended September 30, 2025 [2][13] - Total adjusted EBITDA increased by 20.3% to $28.9 million, with an adjusted EBITDA margin of 17.1%, up from 15.7% in the prior year [4][7] - The company had $94.0 million in unrestricted cash and cash equivalents, with total debt of $386.3 million as of September 30, 2025 [5][7] Operational Highlights - The average Time Charter Equivalent (TCE) rate earned was $15,559 per day, which was 10% above the benchmark average Baltic Panamax, Supramax, and Handysize indices [3][13] - Total shipping days increased by 22% to 5,872 days, primarily due to the acquisition of fifteen handy-sized vessels completed at the end of Q4 2024 [2][4] - The company successfully completed the sale of the Strategic Endeavor for $7.7 million and has an agreement to sell the Bulk Freedom for $9.6 million, expected to generate a gain of approximately $2.7 million [7][11] Strategic Initiatives - Pangaea is focused on expanding its terminal operations with new activities underway at Aransas, Pascagoula, and Lake Charles, with operations at Tampa set to launch in early 2026 [9][10] - The company continues to execute a disciplined fleet renewal strategy, divesting older, non-core assets while investing in modern vessels to enhance TCE performance [11][12] - Management expressed confidence in the medium-term dry bulk environment, supported by limited vessel supply and regulatory constraints on global capacity [7][10]
PANGAEA LOGISTICS SOLUTIONS ANNOUNCES THIRD QUARTER 2025 CONFERENCE CALL DATE
Prnewswire· 2025-10-31 20:15
Core Points - Pangaea Logistics Solutions will release its third quarter 2025 financial results on November 6, 2025, after market close [1] - A conference call to discuss the results will take place on November 7, 2025, at 8:00 a.m. ET [1][2] - The company provides logistics services for various dry bulk cargoes, including grains, pig iron, and cement clinker [3] Company Overview - Pangaea Logistics Solutions Ltd. is a global provider of maritime logistics solutions, focusing on the transportation of dry bulk cargoes [3] - The company offers a comprehensive range of services, including cargo loading, discharge, vessel chartering, and voyage planning [3]
Pangaea Logistics Solutions Ltd. Announces Chief Executive Officer Retirement and Succession Plan
Prnewswire· 2025-09-17 20:15
Core Viewpoint - Pangaea Logistics Solutions Ltd. announces the retirement of CEO Mark Filanowski and the appointment of Mads Petersen as the new CEO effective January 1, 2026, following a successful eleven-year tenure by Filanowski [1][3]. Company Leadership Transition - Mark Filanowski will retire as CEO and step down from the Board of Directors on January 1, 2026, after eleven years with Pangaea [1]. - Mads Petersen, currently the Chief Operating Officer, will succeed Filanowski as President and CEO and will also join the Board of Directors on the same date [1][2]. Mads Petersen's Background - Mads Petersen has been with Pangaea for 16 years and has over 20 years of experience in the dry bulk shipping industry [2]. - He joined Pangaea in 2009 and has played a key role in the company's growth, particularly in ice-class vessel activities and overseeing newbuilding activities in Japan and China [2]. Achievements Under Filanowski - Under Filanowski's leadership, Pangaea's owned vessel fleet has tripled, and the company has expanded its port and logistics operations to 10 marine terminals across the U.S. Gulf Coast and Mid-Atlantic regions [3]. - Filanowski has been credited with navigating a dynamic global shipping environment and sustaining Pangaea's growth following the passing of its founder, Ed Coll [3]. Future Outlook - Petersen expressed his commitment to building on Pangaea's proven business model and delivering innovative, customer-focused maritime solutions to drive long-term value for shareholders [3]. - The Board of Directors believes Petersen's deep industry expertise and operational insight position him well to lead the company into its next phase of growth [3].