Pangaea Logistics Solutions, Ltd.

NasdaqCM PANL

Pangaea Logistics Solutions, Ltd. Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending September 30, 2024: USD -57.34 B

Pangaea Logistics Solutions, Ltd. Net Cash Used For Investing Activities is USD -57.34 B for the Trailing 12 Months (TTM) ending September 30, 2024, a -136,380.76% change year over year. Net cash used for investing activities is total cash inflows and outflows related to activities intended to generate future income and cash flows from investments.

Pangaea Logistics Solutions, Ltd. Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending September 30, 2023 was USD -42.01 M, a 15.05% change year over year.
Pangaea Logistics Solutions, Ltd. Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending September 30, 2022 was USD -49.46 M, a 69.22% change year over year.
Pangaea Logistics Solutions, Ltd. Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending September 30, 2021 was USD -160.69 M, a -3,504.27% change year over year.
Pangaea Logistics Solutions, Ltd. Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending September 30, 2020 was USD -4.46 M, a 91.20% change year over year.

Key data

Date	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities	Dividends Paid	Capital Expenditure

NasdaqCM: PANL

Pangaea Logistics Solutions, Ltd.

CEO	Mr. Mads Rosenberg Boye Petersen
IPO Date	Dec. 19, 2013
Location	United States
Headquarters	109 Long Wharf
Employees	151
Sector	Industrials
Industries Logistics & Freight Container Shipping Maritime Shipping

Description

Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.

Key trends

Past 5 years