Pangaea Logistics Solutions Ltd. splits its revenue into 3 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Voyage at $577.5 million, 91% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Jun 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
710
|
632
|
537
|
499
|
700
|
718
|
383
|
412
|
373
|
385
|
238
|
| Voyage |
645
+19.8%
share 90.9%
|
578
+16.9%
share 91.4%
|
494
+5.4%
share 92.1%
|
469
-26.8%
share 93.9%
|
640
+4.2%
share 91.5%
|
614
+75.7%
share 85.6%
|
350
share 91.3%
|
—
|
—
|
—
|
—
|
| Charter |
46
+63.7%
share 6.5%
|
39
+29.5%
share 6.2%
|
30
+27.9%
share 5.7%
|
24
-60.3%
share 4.8%
|
60
-42.4%
share 8.5%
|
104
+212.5%
share 14.4%
|
33
share 8.7%
|
—
|
—
|
—
|
—
|
| Terminal Stevedore Revenue |
19
+44.9%
share 2.6%
|
15
+25.9%
share 2.4%
|
12
+73.6%
share 2.3%
|
7
share 1.4%
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Deep Sea Foreign Transportation of Freight (SIC 4412)
- Listed as
- PANL (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Bermuda
- Headquarters
- Newport, RI
- SEC filer status
- Accelerated filer, Smaller reporting company
- SEC CIK
- 1606909
- Former names
- Quartet Holdco Ltd. (until Oct 2, 2014)
Other Deep Sea Foreign Transportation of Freight companies
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- TORM plc TRMD
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- Okeanis Eco Tankers Corp. ECO
- ZIM Integrated Shipping Services Ltd. ZIM
- Star Bulk Carriers Corp. SBLK
Source: SEC EDGAR filings. This is company-reported data, not investment advice.