Nordic Bulk-owner Pangaea increases third quarter profit

Dry bulk company Pangaea Logistics, which owns Nordic Bulk Carriers, among other units, put a lid on the third quarter with a better bottom line than last year despite a marginally lower revenue.

by LENA RUTKOWSKI

(In the first version of this article it said that Pangaea had a deficit in the third quarter of USD 6.1 million. This is not correct. The company had a net income of USD 6.1 million)

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Nordic Bulk-owner Pangaea increases third quarter profit

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"Lately, we've been buying a bulk vessel once a week"

Norden wants "significantly" more dry bulk vessels in its fleet

Eagle Bulk grows revenue but lost USD 19 million

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Front page now

Panama Canal once again limits the daily number of ships

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Will the world come to need 12 million barrels of oil a day?

Poseidon Principles align with IMO climate targets

Royal Arctic Line's chief executive steps down

Broker sees benefits in Fredriksen's possible purchase of rival's tankers

Carriers go their separate ways on climate quotas

Russia takes more risks by increasing shipping on Arctic route

Everfuel and French fund to invest EUR 200m in hydrogen through joint venture

Gram Car Carriers lands multi-year contract worth USD 114m

Mississippi River waters dip toward record low in threat to US crop exports

Seven Seas: Customers' green ambitions and actions don't align

Further reading

Carriers go their separate ways on climate quotas

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

Will the world come to need 12 million barrels of oil a day?

Russia takes more risks by increasing shipping on Arctic route

Jobs