Pangaea Logistics Solutions Ltd. Adds Capacity with the Acquisition of Dry Bulk Vessel
Bulk Prudence will be the 25th owned vessel in Pangaea's global fleetPangaea expects to take delivery of the Bulk Prudence in the second quarter 2023
NEWPORT, R.I., April 26, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ:PANL), a global provider of comprehensive maritime logistics solutions, today announced the acquisition of a 61,000 dwt dry bulk vessel in the second-hand market for $26.6 million cash.
Built in 2014, this vessel, to be re-named Bulk Prudence, is expected to be delivered to Pangaea in June 2023, representing the 25
