Pangaea Logistics Solutions Completes Merger and Fleet Combination
Pangaea Logistics Solutions(PANL) Prnewswire·2025-01-06 21:00
NEWPORT, R.I., Jan. 6, 2025 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (Nasdaq: PANL), a global provider of comprehensive maritime logistics solutions, today announced that it has completed its previously announced combination of its existing dry-bulk fleet with fifteen handy-size dry bulk vessels owned by Strategic Shipping Inc. ("SSI"). Shareholder approval of the transaction (the "Transaction") was obtained at a special meeting of shareholders on December 30, 2024, res ...