Movers and SHAKERS
Pangaea Logistics (PANL)
Tune Into Virtual Transportation & Logistics Forum
Pangaea Logistics Solutions Ltd and its subsidiaries provide seaborne drybulk transportation services. It transports drybulk cargos including grains, coal, iron, ore, pig, iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite and limestone. The firm's services include cargo loading, cargo discharge, vessel chartering, voyage planning and technical vessel management. The company derives all of its revenues from contracts of affreightment, voyage charters and time charters. Its strategy depends on focusing on increasing strategic contracts of affreightment, expanding capacity and flexibility by increasing its owned fleet and increasing backhaul focus and fleet efficiency.
Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Tune in to hear about Pangaea Logistics at today's Transportation & Logistics online forum. CEO Mark Filanowski, Managing Director Mads Boye Peterson and CFO Gianni Del Signore will present at 2:00pm EST. Free registration is available at www.channelchek.com
Presentation should highlight positive 2021 developments. We expect a positive view on the dry bulk market fundamentals, especially for the Ice Class sector. There are many reasons that PANL remains well positioned, including a consistent commercial strategy that adds value in different market environments, a leading Ice Class market position, substantial progress on renewing and expanding the ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.