Pangaea Logistics Solutions often speaks at earnings time about its record of outperforming indices in the dry bulk sector.
According to a report by the Danish founders of a dry cargo index, the Rhode Island-based shipowner certainly does that — and by a good measure.
New York-listed Pangaea outperformed 21 other public dry bulk owners with a massive 38% premium to Baltic Exchange dry indices over 2018, according to the first VesselIndex Performance Report issued by Anders Liengaard and Soren Roschmann.
