Rhode Island-based Pangaea Logistics Solution had a problem to solve.
A key client, Baffinland Iron Mines, approached the niche-market dry cargo owner in 2019 about prospects to build a series of ice-class newbuildings to serve its long-term needs.
Partners in ice-class panamax newbuilding series explain how a shipowner’s need meshed with a capital provider’s search for safe returns
Rhode Island-based Pangaea Logistics Solution had a problem to solve.
A key client, Baffinland Iron Mines, approached the niche-market dry cargo owner in 2019 about prospects to build a series of ice-class newbuildings to serve its long-term needs.