Pangaea Logistics Solutions stands out from other dry bulk companies listed on New York’s twin stock exchanges.
That is partly because the low-profile Rhode Island company has been turning a profit at a time when most bulker owners have been focusing on striking deals to survive their losses.
Pangaea, which recently celebrated its 20th anniversary, is the lone dry bulk company listed in the US that is primarily an operator rather than an owner, with most of its fleet chartered-in.
