Pangaea Logistics Appoints Paul M. Leand, Jr. to Board

By Ahmed Jameison • Monday, December 01 06:01 • Permanent Link

Pangaea Logistics Solutions Ltd. (Nasdaq: PANL) has recently appointed Paul M. Leand, Jr. to its Board of Directors as a Class III director, effective immediately. Mr. Leand brings with him over two decades of experience in the maritime shipping industry, serving as the Managing Director and Chief Executive Officer of AMA Capital Partners. His appointment comes as part of a Cooperation Agreement entered into by the Company and Strategic Shipping Inc.

Pangaea Logistics Solutions Ltd. provides seaborne dry bulk logistics and transportation services, catering to a wide variety of dry bulk cargoes such as grains, coal, iron ore, pig iron, and more. The Company's latest move to add Paul M. Leand, Jr. to its Board of Directors reflects its ongoing commitment to maintaining a highly qualified and experienced board, reinforcing its dedication to creating shareholder value.

As of the most recent announcement, the Company has not provided specific metrics or financial data. Today the company's shares have moved -0.99% to a price of $7.02. For the full picture, make sure to review Pangaea Logistics Solutions's 8-K report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.