Name | Value |
---|---|
Revenues | 131.5M |
Cost of Revenue | 118.9M |
Gross Profit | 12.6M |
Operating Expense | 5.0M |
Operating I/L | 7.6M |
Other Income/Expense | -3.6M |
Interest Income | 0.8M |
Pretax | 4.0M |
Income Tax Expense | 0.0M |
Net Income/Loss | 3.7M |
Pangaea Logistics Solutions, Ltd. provides seaborne dry bulk logistics and transportation services globally. The company specializes in transporting various dry bulk cargoes, including grains, coal, iron ore, and cement clinker. Its services encompass cargo loading, discharge, vessel chartering, voyage planning, and technical vessel management. With a fleet of 25 vessels, Pangaea Logistics Solutions generates revenue by offering efficient and reliable ocean logistics solutions to industrial customers, facilitating the transportation of essential raw materials and commodities across international waters.