Pangaea Appoints Eugene I. Davis to Board of Directors as Class II Director

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: Dec 18 2025

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Source: Newsfilter

Board Changes: Pangaea Logistics Solutions Ltd. appoints Eugene I. Davis as a Class II director, effective immediately, replacing the resigned Christina Tan, indicating a strategic shift in board composition.
Independence Confirmation: The board confirms Davis's independence under Nasdaq standards, and with his 40 years of industry experience, he is expected to bring new perspectives and strategic guidance to enhance shareholder value creation.
Strategic Background: As CEO of PIRINATE Consulting Group LLC, Davis's extensive corporate strategy consulting experience is anticipated to drive Pangaea's long-term growth in a complex market environment.
Investor Agreement: This appointment is made pursuant to the Investor Rights Agreement signed with Strategic Shipping Inc. on December 30, 2024, highlighting the close collaboration between the company and its major shareholders.

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About PANL

Pangaea Logistics Solutions Ltd. is a provider of seaborne dry bulk 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 dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite and limestone. It 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 addresses the logistics needs of its customers by undertaking a comprehensive set of services and activities, including cargo loading, cargo discharge, port and terminal operations, vessel chartering, voyage planning, and vessel technical management. It provides logistics services and commercially manages its fleet primarily from offices in Newport, Rhode Island, Copenhagen, Denmark and Singapore.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

20th Annual Capital Link International Shipping Forum Set for March 9, 2026

Feb 18 2026Newsfilter

Forum Overview: The 20th Annual Capital Link International Shipping Forum is scheduled for March 9, 2026, in New York City, expected to attract numerous investors and shipping executives, showcasing the latest trends and developments in the shipping industry while facilitating engagement between investors and shipping companies.
Keynote Speakers: U.S. Department of Energy's Special Envoy for Global Energy Integration, Joshua Volz, and Greek Minister of Maritime Affairs, Vasilis Kikilias, will deliver keynote remarks during lunch, discussing the dynamics and challenges of global energy markets, emphasizing the shipping industry's critical role in energy transition.
Industry Panel Discussions: The forum will feature multiple panels addressing key issues such as supply and demand fundamentals, freight rates, and asset values in the dry bulk, gas, and tanker shipping sectors, aiming to provide attendees with profound market insights and forward-looking analyses.
Registration Information: Registration for the forum is complimentary for institutional investors and shipping companies, with details available on the official website, reflecting the forum's commitment to enhancing connections between the shipping industry and investors.

20th Annual Capital Link International Shipping Forum Set for March 2026

Feb 17 2026Newsfilter

Forum Overview: The 20th Annual Capital Link International Shipping Forum will take place on March 9, 2026, in New York City, featuring senior executives from 23 leading shipping companies, showcasing the latest trends and dynamics in the shipping market while facilitating dialogue between investors and shipping firms.
Keynote Speakers: Joshua Volz, Special Envoy for Global Energy Integration from the U.S. Department of Energy, and Vasilis Kikilias, Minister of Maritime Affairs from Greece, will deliver keynote remarks, emphasizing the close relationship between global energy transitions and the shipping industry, likely sparking in-depth discussions on future shipping policies among attendees.
Investor Meetings: The forum offers one-on-one meeting opportunities for shipping companies and institutional investors, with complimentary registration for both groups, aimed at enhancing capital flow and industry collaboration, thereby increasing the investment appeal of the shipping market.
Industry Discussions: The forum will address critical topics such as geopolitics, the new energy landscape, access to capital, and technological innovation, expected to provide valuable insights for the future development of the shipping industry, helping participants seize market opportunities.

Pangaea Logistics Declares Quarterly Dividend

Feb 17 2026seekingalpha

Quarterly Dividend Announcement: Pangaea Logistics has declared a quarterly dividend of $0.05 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability.
Dividend Yield: The forward yield of 2.36% provides investors with a relatively stable return, enhancing the company's attractiveness in the capital markets.
Payment Schedule: The dividend will be payable on March 13, with a record date of February 27 and an ex-dividend date also on February 27, ensuring shareholders receive their earnings promptly.
Investor Confidence: By maintaining its dividend, Pangaea Logistics signals its strong financial health to the market, potentially attracting more investors seeking stable income.

EuroDry Focuses on Mid-Sized Dry Bulk Market with Manageable Order Book Levels

Dec 22 2025Benzinga

Market Dynamics Analysis: Mr. Pittas of EuroDry emphasized the company's focus on the mid-sized dry bulk market, avoiding smaller Handysize and larger Capesize vessels, aiming to enhance competitiveness through precise market positioning.
Financial Leverage Strategy: Mr. Pittas mentioned a target loan-to-value ratio of 50% to ensure resilience during downturns while enhancing equity returns, reflecting a cautious approach to market volatility.
Order Book Management: Mr. Pittas pointed out that order book levels for Kamsarmax and Ultramax stand at 14% and 11.5%, respectively, aligning with historical norms and indicating long-term stability in the industry.
Shifts in Chinese Demand: Mr. Norton noted that Chinese steel exports and power demand from AI data centers are driving long-haul shipping demand for iron ore and coal, indicating a market shift favorable to dry bulk transportation.