Revenue breakdown: Voyage (93.8%), Charter (5.3%), Terminal Stevedore Revenue (0.9%).
8-K
Pangaea Logistics Solutions Ltd. reported Q4 2025 financial results including GAAP net income of $11.9 million ($0.19 per share), adjusted net income of $10.1 million ($0.16 per share), and adjusted EBITDA of $28.7 million on $183.9 million revenue. The company declared a $0.05 per share quarterly dividend and agreed to sell the Bulk Xaymaca for $9.6 million.