Pangaea Logistics Solutions Ltd. Declares Quarterly Cash Dividend, Payable on March 15, 2024
February 15, 2024 at 04:15 pm EST
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Pangaea Logistics Solutions Ltd. announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per common share to be paid on March 15, 2024 to all shareholders of record as of March 1, 2024.
Pangaea Logistics Solutions Ltd. is a provider of seaborne drybulk logistics and transportation services as well as terminal and stevedoring services. The Company offers services to a base of industrial customers who require the transportation of a variety of drybulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite and limestone. The Company provides ocean transportation services to clients utilizing an ocean-going fleet of motor vessels (m/v) in the Handymax, Supramax, Ultramax and Panamax and Post-Panamax segments. The Company operates 26 vessels which are wholly owned or partially-owned through joint ventures. The Company provides logistics services and commercially manages its fleet primarily from offices in Newport, Rhode Island, Copenhagen, Denmark and Singapore. Its logistics services and activities include cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management.
PANGAEA LOGISTICS SOLUTIONS, LTD. 
