Pangaea Appoints Paul M. Leand to Board of Directors, Enhancing Maritime Expertise
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 28 2025
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Source: Newsfilter
- New Board Member: Pangaea Logistics Solutions Ltd. has appointed Paul M. Leand as a Class III director, effective immediately, bringing over 20 years of advisory experience in the maritime shipping industry, which is expected to enhance the company's industry insights.
- Strategic Cooperation Agreement: This appointment follows a Cooperation Agreement with Strategic Shipping Inc., which includes customary terms such as voting commitments and standstill restrictions, aimed at strengthening the governance structure of the board.
- Commitment to Shareholder Value: Chairman Richard du Moulin stated that Leand's addition will enhance the board's capabilities and further drive shareholder value creation, reflecting Pangaea's ongoing commitment to maintaining a highly qualified board.
- Industry Leadership: As CEO of AMA Capital Partners, Leand's focused background in transportation, energy, and offshore industries will provide strategic guidance to Pangaea, helping the company maintain its competitive edge in a challenging market.
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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.
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Pangaea Appoints Eugene I. Davis to Board of Directors as Class II Director
- 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.
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- 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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