FILING ANALYSIS · THURSDAY, NOVEMBER 5
Pangaea Logistics Solutions Ltd. PANL — 8-K: Results of Operations and Financial Condition
positive
Pangaea Logistics Solutions Ltd. reported strong Q3 2026 results with adjusted net income of $33.6 million and adjusted EBITDA of $52.4 million, driven by a 31% year-over-year increase in TCE rates and an 8% increase in total shipping days. The company's TCE rates exceeded the average Baltic Panamax, Supramax, and Handysize indices by 13%.
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