$PANL
Pangaea Logistics Solutions Ltd. Stock $panl

$panl Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-K Financial Statement

#000160690924000043 Filed on March 14, 2024

Income Statement

Concept	2024 Q1	2023 Q4	2023
Revenue	$104.7M	$131.9M	$499.3M
YoY Change	-7.87%	3.11%	-28.65%
Cost Of Revenue	$66.34M	$92.85M	$344.3M
YoY Change	-16.46%	12.72%	-28.93%
Gross Profit	$38.41M	$39.02M	$155.0M
YoY Change	12.01%	-14.33%	-28.01%
Gross Profit Margin	36.67%	29.59%	31.04%
Selling, General & Admin	$7.278M	$5.666M	$22.78M
YoY Change	27.87%	44.99%	13.32%
% of Gross Profit	18.95%	14.52%	14.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$7.436M	$7.524M	$30.07M
YoY Change	1.5%	-0.07%	1.97%
% of Gross Profit	19.36%	19.28%	19.4%
Operating Expenses	$93.72M	$27.90M	$108.6M
YoY Change	-12.58%	-74.45%	-81.72%
Operating Profit	$11.03M	$11.12M	$46.36M
YoY Change	69.77%	-40.53%	-56.06%
Interest Expense	$2.109M	-$9.848M	-$18.12M
YoY Change	-143.96%	300.73%	25.75%
% of Operating Profit	19.12%	-88.55%	-39.08%
Other Income/Expense, Net	$1.638M	$904.5K	$299.3K
YoY Change	-152.94%	-131.19%	-101.5%
Pretax Income	$12.67M	$2.178M	$28.54M
YoY Change	272.2%	-86.23%	-66.63%
Income Tax			$417.0K
% Of Pretax Income			1.46%
Net Earnings	$11.67M	$1.136M	$26.32M
YoY Change	236.02%	-92.67%	-66.89%
Net Earnings / Revenue	11.14%	0.86%	5.27%
Basic Earnings Per Share	$0.26	$0.03	$0.59
Diluted Earnings Per Share	$0.25	$0.02	$0.58
COMMON SHARES
Basic Shares Outstanding	46.72M shares	46.47M shares	44.77M shares
Diluted Shares Outstanding	45.91M shares	45.39M shares	45.48M shares

Balance Sheet

Concept	2024 Q1	2023 Q4	2023
SHORT-TERM ASSETS
Cash & Short-Term Investments	$95.87M	$99.04M	$99.04M
YoY Change	-25.77%	-22.86%	-22.86%
Cash & Equivalents	$95.87M	$48.76M	$48.76M
Short-Term Investments
Other Short-Term Assets	$5.204M	$22.56M	$22.56M
YoY Change	19.54%	149.7%	9.82%
Inventory	$22.15M	$16.56M	$16.56M
Prepaid Expenses	$7.612M	$7.073M
Receivables	$42.00M	$47.89M	$47.89M
Other Receivables	$11.39M	$5.778M	$5.778M
Total Short-Term Assets	$195.6M	$191.8M	$191.8M
YoY Change	-11.01%	-13.79%	-13.79%
LONG-TERM ASSETS
Property, Plant & Equipment	$469.1M	$504.7M	$504.7M
YoY Change	1.59%	5.9%	-3.03%
Goodwill	$3.105M	$3.105M
YoY Change
Intangibles
YoY Change
Long-Term Investments	$4.172M	$3.813M	$3.813M
YoY Change
Other Assets	$5.736M	$5.590M
YoY Change	0.02%	5.79%
Total Long-Term Assets	$507.7M	$513.4M	$513.4M
YoY Change	-0.53%	-2.35%	-2.35%
TOTAL ASSETS
Total Short-Term Assets	$195.6M	$191.8M	$191.8M
Total Long-Term Assets	$507.7M	$513.4M	$513.4M
Total Assets	$703.3M	$705.2M	$705.2M
YoY Change	-3.69%	-5.76%	-5.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$11.03M	$6.278M	$6.278M
YoY Change	12.37%	-37.09%	-37.09%
Accrued Expenses	$10.52M	$17.05M	$17.05M
YoY Change	9.99%	44.56%	34.16%
Deferred Revenue	$13.77M	$15.63M
YoY Change	-16.11%	-25.16%
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$30.00M	$52.72M	$52.72M
YoY Change	124.31%	64.0%	64.0%
Total Short-Term Liabilities	$99.34M	$105.3M	$105.3M
YoY Change	14.02%	14.23%	14.23%
LONG-TERM LIABILITIES
Long-Term Debt	$65.93M	$211.7M	$211.7M
YoY Change	-31.01%	-20.81%	-20.81%
Other Long-Term Liabilities	$18.75M	$17.94M	$17.94M
YoY Change	-5.44%	-10.2%	-10.2%
Total Long-Term Liabilities	$84.68M	$229.6M	$229.6M
YoY Change	-26.61%	1049.72%	-20.07%
TOTAL LIABILITIES
Total Short-Term Liabilities	$99.34M	$105.3M	$105.3M
Total Long-Term Liabilities	$84.68M	$229.6M	$229.6M
Total Liabilities	$184.0M	$381.3M	$381.3M
YoY Change	-9.13%	239.88%	-12.15%
SHAREHOLDERS EQUITY
Retained Earnings	$166.0M	$159.0M
YoY Change	10.57%	5.09%
Common Stock	$4.685K	$4.648K
YoY Change	0.8%	1.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$332.0M	$323.9M	$323.9M
YoY Change
Total Liabilities & Shareholders Equity	$703.3M	$705.2M	$705.2M
YoY Change	-3.69%	-5.76%	-5.76%

Cashflow Statement

Concept	2024 Q1	2023 Q4	2023
OPERATING ACTIVITIES
Net Income	$11.67M	$1.136M	$26.32M
YoY Change	236.02%	-92.67%	-66.89%
Depreciation, Depletion And Amortization	$7.436M	$7.524M	$30.07M
YoY Change	1.5%	-0.07%	1.97%
Cash From Operating Activities	$8.999M	$23.90M	$53.79M
YoY Change	-22.23%	-27.41%	-60.1%
INVESTING ACTIVITIES
Capital Expenditures	$203.6K	$46.68K	$27.26M
YoY Change	170.45%	-99.74%	-25.09%
Acquisitions			$7.200M
YoY Change
Other Investing Activities	$0.00	$9.081M	$11.28M
YoY Change	-100.0%	785.38%	43.08%
Cash From Investing Activities	-$203.6K	$9.035M	-$15.98M
YoY Change	-102.32%	-153.15%	-43.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$11.96M	-21.26M	-67.15M
YoY Change	-38.98%	286.55%	96.83%
NET CHANGE
Cash From Operating Activities	$8.999M	23.90M	53.79M
Cash From Investing Activities	-$203.6K	9.035M	-15.98M
Cash From Financing Activities	-$11.96M	-21.26M	-67.15M
Net Change In Cash	-$3.165M	11.68M	-29.35M
YoY Change	-513.64%	11.92%	-140.66%
FREE CASH FLOW
Cash From Operating Activities	$8.999M	$23.90M	$53.79M
Capital Expenditures	$203.6K	$46.68K	$27.26M
Free Cash Flow	$8.796M	$23.86M	$26.52M
YoY Change	-23.49%	60.01%	-73.05%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
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CY2023	dei	Trading Symbol TradingSymbol	PANL
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CY2023	dei	Entity File Number EntityFileNumber	001-36798
CY2023	dei	Entity Registrant Name EntityRegistrantName	PANGAEA LOGISTICS SOLUTIONS, LTD.
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	D0
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CY2023	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2087807	usd
CY2023	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-127283	usd
CY2023	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	10400000	usd
CY2023	us-gaap	Dividends Common Stock DividendsCommonStock	18623893	usd
CY2023	us-gaap	Profit Loss ProfitLoss	28537772	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	370195933	usd
CY2023	us-gaap	Profit Loss ProfitLoss	28537772	usd
CY2022	us-gaap	Profit Loss ProfitLoss	85507704	usd
CY2023	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	30070395	usd
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	29489810	usd
CY2023	panl	Amortization Of Deferred Financing Costs And Bank Fees AmortizationOfDeferredFinancingCostsAndBankFees	946593	usd
CY2022	panl	Amortization Of Deferred Financing Costs And Bank Fees AmortizationOfDeferredFinancingCostsAndBankFees	1005487	usd
CY2023	panl	Amortizationofprepaidrent Amortizationofprepaidrent	121532	usd
CY2022	panl	Amortizationofprepaidrent Amortizationofprepaidrent	122343	usd
CY2023	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-2925347	usd
CY2022	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	682323	usd
CY2023	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	684470	usd
CY2022	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	807142	usd
CY2023	panl	Earnings Attributable To Noncontrolling Interest Recorded As Interest Expense EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense	462150	usd
CY2022	panl	Earnings Attributable To Noncontrolling Interest Recorded As Interest Expense EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense	6717414	usd
CY2023	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	2938879	usd
CY2022	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	2377389	usd
CY2023	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2022	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	3007809	usd
CY2023	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-1738511	usd
CY2022	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-318032	usd
CY2023	panl	Payment For Drydocking Costs PaymentForDrydockingCosts	4154283	usd
CY2022	panl	Payment For Drydocking Costs PaymentForDrydockingCosts	6019126	usd
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	2087807	usd
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	1767726	usd
CY2023	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	14075231	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-15126727	usd
CY2023	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-12548170	usd
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1956676	usd
CY2023	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	342776	usd
CY2022	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-19086893	usd
CY2023	panl	Increase Decrease In Account Payable Accrued Expenses And Other Current Liabilities IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities	-4079047	usd
CY2022	panl	Increase Decrease In Account Payable Accrued Expenses And Other Current Liabilities IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities	-8939313	usd
CY2023	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-5254072	usd
CY2022	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-11321354	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	53787277	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	134801400	usd
CY2023	panl	Payment For Purchase Of Vessels PaymentForPurchaseOfVessels	27264044	usd
CY2022	panl	Payment For Purchase Of Vessels PaymentForPurchaseOfVessels	35740482	usd
CY2023	panl	Proceedsfrom Saleof Vessel ProceedsfromSaleofVessel	17271489	usd
CY2022	panl	Proceedsfrom Saleof Vessel ProceedsfromSaleofVessel	8400000	usd
CY2023	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	7200000	usd
CY2022	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
CY2023	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	0	usd
CY2022	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	653452	usd
CY2023	panl	Contribution Payments To Acquire Non Controlling Interest ContributionPaymentsToAcquireNonControllingInterest	427270	usd
CY2022	panl	Contribution Payments To Acquire Non Controlling Interest ContributionPaymentsToAcquireNonControllingInterest	515162	usd
CY2023	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	1637500	usd
CY2022	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	0	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-15982325	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-28509096	usd
CY2023	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	0	usd
CY2022	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	8500000	usd
CY2023	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	0	usd
CY2022	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	466544	usd
CY2023	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	15782528	usd
CY2022	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	15443115	usd
CY2023	panl	Proceeds From Finance Lease ProceedsFromFinanceLease	0	usd
CY2022	panl	Proceeds From Finance Lease ProceedsFromFinanceLease	15000000	usd
CY2023	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	20238131	usd
CY2022	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	15834059	usd
CY2023	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	0	usd
CY2022	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	5000000	usd
CY2023	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	10400000	usd
CY2022	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	5000000	usd
CY2023	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	18103750	usd
CY2022	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	13414984	usd
CY2023	us-gaap	Employee Service Share Based Compensation Cash Flow Effect Cash Used To Settle Awards EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards	-127283	usd
CY2022	us-gaap	Employee Service Share Based Compensation Cash Flow Effect Cash Used To Settle Awards EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards	-407898	usd
CY2023	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	2500000	usd
CY2022	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	2050000	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-67151692	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-34116600	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-29346740	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	72175704	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	128384606	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	56208902	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	99037866	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	128384606	usd
CY2023	us-gaap	Interest Paid Net InterestPaidNet	18850078	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	14906972	usd
CY2023	us-gaap	Nature Of Operations NatureOfOperations	NATURE OF ORGANIZATION<div style="text-align:justify;text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The consolidated financial statements include the operations of Pangaea Logistics Solutions Ltd. and its wholly-owned subsidiaries (collectively referred to as “the Company”), as well as other entities consolidated pursuant to Accounting Standards Codification (“ASC”) 810, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Consolidation</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. A summary of the Company’s consolidation policy is provided in Note 3. A summary of the Company’s variable interest entities is provided at Note 5. At December 31, 2023 and 2022, entities that are consolidated pursuant to ASC 810-10 include the following wholly-owned subsidiaries:</span></div><div style="text-align:justify;text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Partners (Bermuda) Ltd. (“Bulk Partners”) – a corporation that was duly organized under the laws of Bermuda. The primary purpose of this corporation is a holding company.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Phoenix Bulk Carriers (BVI) Limited – a corporation that was duly organized under the laws of the British Virgin Islands. The primary purpose of this corporation is to provide logistics services to its customers, and to manage and operate ocean-going vessels. The Company was renamed Pangaea Logistics Solutions (BVI) Limited ("Pangaea BVI") in 2023.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Phoenix Bulk Management Bermuda Limited (“PBM”) – a corporation that was duly organized under the laws of Bermuda. Certain of the administrative management functions of PBC have been assigned to PBM.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Americas Bulk Transport (BVI) Limited – a corporation that was duly organized under the laws of the British Virgin Islands. The primary purpose of this corporation is to charter ships.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Ocean Shipping (Bermuda) Ltd. – a corporation that was duly organized under the laws of Bermuda. The primary purpose of this corporation is to manage the fuel procurement of the chartered vessels.</span></div><div style="padding-left:36pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Phoenix Bulk Carriers (US) LLC – a corporation that duly organized under the laws of Delaware. The primary purpose of this corporation is to act as the U.S. administrative agent for the Company.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Allseas Logistics Bermuda Ltd. – a corporation that was duly organized under the laws of Bermuda. The primary purpose of this corporation is the Treasury Agent for the group of Companies.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Narragansett Bulk Carriers (US) Corp. - a corporation organized in July 2012 under the laws of Rhode Island. The primary purpose of this corporation is to manage and operate ocean-going vessels.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Pangaea Limited (“Bulk Pangaea”) – a corporation that was duly organized under the laws of Bermuda. Bulk Pangaea was established in September 2009 for the purpose of acquiring the m/v Bulk Pangaea.</span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Trident Ltd. (“Bulk Trident”) – a corporation that was duly organized under the laws of Bermuda. Bulk Trident was established in August 2012 for the purpose of acquiring the m/v Bulk Trident.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Phoenix Ltd. (“Bulk Phoenix”) – a corporation that was duly organized under the laws of Bermuda. Bulk Phoenix was established in July 2013 for the purpose of acquiring the m/v Bulk Newport.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">109 Long Wharf LLC (“Long Wharf”) – a limited liability company that was duly organized under the laws of Delaware for the objective and purpose of holding real estate located in Newport, Rhode Island.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Nordic Bulk Ventures (Cyprus) Limited (“NBV”) – a corporation that was duly organized in April 2009 under the laws of Cyprus. NBV is the holding company of Nordic Bulk Carriers AS (“NBC”). NBC's name was changed to Pangaea Logistics Solutions Denmark AS ("Pangaea Denmark") in 2023. Pangaea Denmark specializes in ice trading, as well as the carriage of a wide range of commodities, including cement clinker, steel scrap, fertilizers, and grains. </span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Pangaea Logistics Solutions Singapore Pte. Ltd. ("Pangaea Singapore") - a corporation that was duly organized in March 2014 under the laws of Singapore. Pangaea Singapore focuses on chartering and operating bulk carriers trading in a wide range of commodities; and is a wholly-owned subsidiary of Pangaea Denmark.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Nordic Bulk Ventures Holding Company Ltd. (“BVH”) – a corporation that was duly organized under the laws of Bermuda. BVH was established in August 2013 for the purpose of owning Bulk Nordic Five Ltd. (“Five”) and Bulk Nordic Six Ltd. (“Six”). Five and Six are corporations that were duly organized under the laws of Bermuda in November 2013 for the purpose of owning m/v Bulk Destiny and m/v Bulk Endurance, Ultramax newbuildings delivered in January 2017. The Company acquired its joint venture partner's 50% interest in January 2017 for $0.8 million after which BVH is a wholly-owned subsidiary of the Company.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Freedom Corp. (“Bulk Freedom”) – a corporation that was duly organized under the laws of the Marshall Islands. Bulk Freedom was established in May 2017 for the purpose of acquiring the m/v Bulk Freedom.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Pride Corp. (“Bulk Pride”) – a corporation that was duly organized under the laws of the Marshall Islands. Bulk Pride was established in October 2017 for the purpose of acquiring the m/v Bulk Pride.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Flintstone Ventures Limited ("FVL") - a corporation that was duly organized under the laws of the Province of Nova Scotia on March 17, 2017. FVL focuses on the carriage of specialized cargo.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk PODS Ltd. (“Bulk PODS”) – a corporation that was duly organized under the laws of the Marshall Islands. Bulk PODS was established in April 2018 for the purpose of acquiring the m/v Bulk PODS. The vessel was renamed m/v Bulk Xaymaca in 2022.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Spirit Ltd. (“Bulk Spirit”) – a corporation that was duly organized under the laws of the Marshall Islands. Bulk Spirit was established in October 2018 for the purpose of acquiring the m/v Bulk Spirit.</span></div><div style="text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Independence Ltd. (“Bulk Independence”) – a corporation that was duly organized under the laws of the Marshall Islands. Bulk Independence was established in May 2019 for the purpose of acquiring the m/v Bulk Independence.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Friendship Ltd. (“Bulk Friendship”) – a corporation that was duly organized under the laws of the Marshall Islands. Bulk Friendship was established in September 2019 for the purpose of acquiring the m/v Bulk Friendship.</span></div><div style="padding-left:11.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Courageous Corp. (“Bulk Courageous”) – a corporation that was duly organized under the laws of the Marshall Islands. Bulk Courageous was established in January 2021 for the purpose of acquiring the m/v Bulk Courageous.</span></div><div style="padding-left:11.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Valor Corp. (“Bulk Valor”) – a corporation that was duly organized under the laws of the Marshall Islands. Bulk Valor was established in May 2021 for the purpose of acquiring the m/v Bulk Valor.</span></div><div style="padding-left:11.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Promise Corp. (“Bulk Promise”) – a corporation that was duly organized under the laws of the Marshall Islands. Bulk Promise was established in April 2021 for the purpose of acquiring the m/v Bulk Promise.</span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Phoenix Bulk 25 Corp. (“Phoenix Bulk 25”) – a corporation that was duly organized under the laws of the Marshall Islands. Phoenix Bulk 25 was established in November 2021 for the purpose of acquiring the m/v Bulk Concord.</span></div><div style="padding-left:11.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Sachuest Corp. (“Bulk Sachuest") – a corporation that was duly organized under the laws of the Marshall Islands. Bulk Sachuest was established in August 2022 for the purpose of acquiring the m/v Bulk Sachuest.</span></div><div style="padding-left:11.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bulk Prudence Corp. (“Bulk Prudence") – a corporation that was duly organized under the laws of the Marshall Islands. Bulk Prudence was established in April 2023 for the purpose of acquiring the m/v Bulk Prudence.</span></div><div style="padding-left:11.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Pangaea Logistics Solutions (US) LLC ("PANL US") – a corporation that was duly organized under the laws of Delaware, was established in 2019 for the purpose of managing the Company's U.S.-based business activities.</span></div><div style="padding-left:11.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Pangaea Baltimore LLC - a corporation that was duly organized under the laws of Delaware, was established in 2023 for the purpose of acquiring Terminal and Stevedore operations at Port Baltimore, Maryland.</span></div><div style="padding-left:11.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Pangaea Port Everglades LLC - a corporation that was duly organized under the laws of Delaware, was established in 2023 for the purpose of acquiring Terminal and Stevedore operations at Port Everglades, Florida.</span></div><div style="padding-left:11.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bay Stevedoring LLC - a corporation that was duly organized under the laws of Delaware, was established in 2019 for the primary purpose of managing and operating a port terminal in Louisiana.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At December 31, 2023 and 2022, entities that are consolidated pursuant to ASC 810-10, but which are not wholly-owned, include the following: </span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Nordic Bulk Holding Company Ltd. (“NBHC”) - a corporation that was duly organized under the laws of Bermuda. NBHC was established in October 2012, for the purpose of owning Bulk Nordic Odyssey Ltd. (“Bulk Odyssey”) and Bulk Nordic Orion Ltd. (“Bulk Orion”) and to invest in additional vessels through its wholly-owned subsidiaries. On September 28, 2020, the Company acquired an additional one-third equity interest in its partially-owned consolidated subsidiary Nordic Bulk Holding Company Ltd. (“NBHC”) from one of NBHC’s shareholders. The Company owns two-thirds equity interest of NBHC after the acquisition and the remainder one-third equity interest is owned by a third-party at December 31, 2023. The Company determined that NBHC is a VIE and that it is the primary beneficiary of NBHC, as it has the power to direct its activities through time charter arrangements with Pangaea Denmark covering all of its owned vessels. Accordingly, the Company has consolidated NBHC for the years ended December 31, 2023 and 2022. Bulk Odyssey, Bulk Orion, Bulk Nordic Oshima Ltd. (“Bulk Oshima”), Bulk Nordic Olympic Ltd. (“Bulk Olympic”), Bulk Nordic Odin Ltd. (“Bulk Odin”) and Bulk Nordic Oasis Ltd. (“Bulk Oasis”), corporations duly organized under the laws of Bermuda between March 2012 and February 2015, are owned by NBHC. These entities were established for the purpose of owning m/v Nordic Odyssey, m/v Nordic Orion, m/v Nordic Oshima, m/v Nordic Olympic, m/v Nordic Odin and m/v Nordic Oasis, respectively. On December 23, 2020 NBHC formed two new wholly owned subsidiaries, Bulk Nordic Odyssey (MI) Corp., and Bulk Nordic Orion (MI) Corp. for the purpose of transferring ownership of the m/v Nordic Odyssey and m/v Nordic Orion to these companies respectively. On January 21, 2021 NBHC formed four new wholly owned subsidiaries, Bulk Nordic Oasis (MI) Corp., Bulk Nordic Odin (MI) Corp., Bulk Nordic Olympic (MI) Corp., and Bulk Nordic Oshima (MI) Corp. for the purpose of transferring ownership of the m/v Nordic Oasis, m/v Nordic Odin, m/v Nordic Olympic and m/v Nordic Oshima to these companies respectively.</span></div><div style="padding-left:47.25pt;text-align:justify"><span><br/></span></div><div style="padding-left:47.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Venture Logistics NL Inc. ("VLNL") - a corporation that was duly organized m/v in Newfoundland and Labrador, Canada on October 19, 2018. VLNL was established for the purpose of owning and operating a deck barge. At December 31, 2023 the Company had a 50% ownership interest in VLNL with the other 50% ownership interest owned by the independent third-party.</span></div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span>Nordic Bulk Partners LLC. (“NBP”) – a corporation that was duly organized under the laws of the Marshall Island. NBP was established in September 2019 for the purpose of providing funding to Bulk Seven, Bulk Eight, Bulk Nine, and Bulk Ten for the construction of four newbuilding vessels and subsequently at completion and delivery of the newbuilding vessels owning Bulk Seven, Bulk Eight, Bulk Nine, and Bulk Ten. Bulk Seven, Bulk Eight, Bulk Nine and Bulk Ten are corporations that were duly organized under the laws of the Marshall Islands in September 2019 for the purpose of constructing and owning Post-Panamax newbuilding vessels named m/v Nordic Nuluujaak, m/v Nordic Qinngua, m/v Nordic Sanngijuq and m/v Nordic Siku, respectively, the four newbuilding vessels were delivered in 2021. At December 31, 2023 the Company had a 50% ownership interest in NBP with the other 50% ownership interest owned by the independent third-party.
CY2023	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	2938879	usd
CY2022	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	2377389	usd
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include the percentage completion of spot voyages, the establishment of the allowance for doubtful accounts and the estimate of salvage value used in determining vessel depreciation expense.</span></div>
CY2023Q4	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	2000000	usd
CY2022Q4	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	2300000	usd
CY2023	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;text-decoration:underline">Concentrations of Credit Risk</span></div><div style="text-align:justify;text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s financial instruments that are exposed to concentrations of credit risk consist primarily of cash equivalents, trade receivables and derivative instruments. The Company maintains its cash accounts with various high-quality financial institutions in the United States, Germany, and Bermuda. The Company performs periodic evaluations of the relative credit standing of these financial institutions. The Company does not believe that significant concentration of credit risk exists with respect to these cash equivalents. Trade accounts receivable are recorded at the invoiced amount, and do not bear interest. The Company performs ongoing credit evaluations of its customers’ financial condition, but does not require collateral. Historically, credit risk with respect to trade accounts receivable has been considered minimal due to the long-standing relationships with significant customers, and their relative financial stability. However, current economic conditions could impact the collectability of certain customers' trade receivables, which could have a material effect on the Company's results of operations. Derivative instruments are recorded at fair value. The Company does not have any off-balance sheet credit exposure related to its customers.</span></div>
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	5657837	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4367848	usd
CY2023	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	1648890	usd
CY2023Q4	panl	Advance Hire AdvanceHire	2509313	usd
CY2022Q4	panl	Advance Hire AdvanceHire	3491835	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	7072634	usd
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	4777648	usd
CY2023Q4	panl	Accrued Receivable AccruedReceivable	5777596	usd
CY2022Q4	panl	Accrued Receivable AccruedReceivable	7721500	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	3751257	usd
CY2022Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	3239947	usd
CY2023Q4	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	3384137	usd
CY2022Q4	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	4892144	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	5845309	usd
CY2022Q4	us-gaap	Other Assets Current OtherAssetsCurrent	4143757	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	28340246	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	28266831	usd
CY2023Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	1777063	usd
CY2022Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	0	usd
CY2023Q4	us-gaap	Investments And Other Noncurrent Assets InvestmentsAndOtherNoncurrentAssets	5590295	usd
CY2022Q4	us-gaap	Investments And Other Noncurrent Assets InvestmentsAndOtherNoncurrentAssets	5284127	usd
CY2023Q4	panl	Vessels Salvage Value Per Lightweight Ton VesselsSalvageValuePerLightweightTon	300	usd
CY2023Q4	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	7599543	usd
CY2022Q4	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	7627351	usd
CY2023Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	4109086	usd
CY2022Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	3162492	usd
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	3490457	usd
CY2022Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	4464859	usd
CY2023	panl	Amortization Of Deferred Financing Costs And Bank Fees AmortizationOfDeferredFinancingCostsAndBankFees	946593	usd
CY2022	panl	Amortization Of Deferred Financing Costs And Bank Fees AmortizationOfDeferredFinancingCostsAndBankFees	1005487	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	6277693	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	9979451	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	14038418	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	11795973	usd
CY2023	us-gaap	Payments To Suppliers PaymentsToSuppliers	4393533	usd
CY2022	us-gaap	Payments To Suppliers PaymentsToSuppliers	6526725	usd
CY2023	us-gaap	Payments For Operating Activities PaymentsForOperatingActivities	8112701	usd
CY2022	us-gaap	Payments For Operating Activities PaymentsForOperatingActivities	9337941	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	3013917	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	914041	usd
CY2023Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	35836262	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	38554131	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	417000	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	443000	usd
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	2087807	usd
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	1767726	usd
CY2023	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2023Q4	us-gaap	Longterm Debt Percentage Bearing Fixed Interest Amount LongtermDebtPercentageBearingFixedInterestAmount	100251477	usd
CY2022Q4	us-gaap	Longterm Debt Percentage Bearing Fixed Interest Amount LongtermDebtPercentageBearingFixedInterestAmount	113589539	usd
CY2023Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	92792065	usd
CY2022Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	103455979	usd
CY2023Q4	panl	Number Of Vessels Leased To Customers NumberOfVesselsLeasedToCustomers	10	vessel
CY2022Q4	panl	Number Of Vessels Leased To Customers NumberOfVesselsLeasedToCustomers	4	vessel
CY2023	panl	Time Charter Term To Completion TimeCharterTermToCompletion	P105D
CY2023Q4	panl	Number Of Noncancelable Office Leases NumberOfNoncancelableOfficeLeases	4	lease
CY2023Q4	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	38556005	usd
CY2022Q4	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	33689361	usd
CY2023Q4	us-gaap	Time Deposits At Carrying Value TimeDepositsAtCarryingValue	10206500	usd
CY2022Q4	us-gaap	Time Deposits At Carrying Value TimeDepositsAtCarryingValue	46000000	usd
CY2023Q4	us-gaap	Cash And Due From Banks CashAndDueFromBanks	50275361	usd
CY2022Q4	us-gaap	Cash And Due From Banks CashAndDueFromBanks	48695245	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	99037866	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	128384606	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	99037866	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	128384606	usd
CY2023Q4	panl	Vessels And Vessel Improvements Property Plant And Equipement Gross VesselsAndVesselImprovementsPropertyPlantAndEquipementGross	594561493	usd
CY2022Q4	panl	Vessels And Vessel Improvements Property Plant And Equipement Gross VesselsAndVesselImprovementsPropertyPlantAndEquipementGross	580517259	usd
CY2023Q4	panl	Accumulated Depreciation Depletion And Amortization Vessel Improvements AccumulatedDepreciationDepletionAndAmortizationVesselImprovements	124477977	usd
CY2022Q4	panl	Accumulated Depreciation Depletion And Amortization Vessel Improvements AccumulatedDepreciationDepletionAndAmortizationVesselImprovements	106652852	usd
CY2023Q4	panl	Vessels And Vessel Improvements Property Plant And Equipment Net VesselsAndVesselImprovementsPropertyPlantAndEquipmentNet	470083516	usd
CY2022Q4	panl	Vessels And Vessel Improvements Property Plant And Equipment Net VesselsAndVesselImprovementsPropertyPlantAndEquipmentNet	473864407	usd
CY2023Q4	panl	Accumulated Depreciation Depletion And Amortization Other Fixed Assets AccumulatedDepreciationDepletionAndAmortizationOtherFixedAssets	2537276	usd
CY2022Q4	panl	Accumulated Depreciation Depletion And Amortization Other Fixed Assets AccumulatedDepreciationDepletionAndAmortizationOtherFixedAssets	2191816	usd
CY2023Q4	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	4181655	usd
CY2022Q4	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	2660345	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	474265171	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	476524752	usd
CY2023Q4	panl	Vessels And Vessel Improvements Property Plant And Equipment Net VesselsAndVesselImprovementsPropertyPlantAndEquipmentNet	470083516	usd
CY2022Q4	panl	Vessels And Vessel Improvements Property Plant And Equipment Net VesselsAndVesselImprovementsPropertyPlantAndEquipmentNet	473864407	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	474265171	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	476524752	usd
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	30393823	usd
CY2022Q4	panl	Capitalleaseassetnet Capitalleaseassetnet	43921569	usd
CY2023	panl	Number Of Capitalized Vessels NumberOfCapitalizedVessels	3	vessel
CY2022	panl	Number Of Capitalized Vessels NumberOfCapitalizedVessels	4	vessel
CY2023	panl	Technical Management Fees TechnicalManagementFees	3328800	usd
CY2022	panl	Technical Management Fees TechnicalManagementFees	3280920	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	30751726	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	10476019	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	10638024	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	39955014	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	5322454	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	3108240	usd
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	100251477	usd
	panl	Sale Of Vessel Contracted Maximum Selling Price SaleOfVesselContractedMaximumSellingPrice	32000000	usd
CY2023Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	167674003	usd
CY2022Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	187912137	usd
CY2023Q4	panl	Finance Lease Liability Issuance Costs FinanceLeaseLiabilityIssuanceCosts	2437012	usd
CY2022Q4	panl	Finance Lease Liability Issuance Costs FinanceLeaseLiabilityIssuanceCosts	3033123	usd
CY2023Q4	panl	Finance Lease Liability Net FinanceLeaseLiabilityNet	165236991	usd
CY2022Q4	panl	Finance Lease Liability Net FinanceLeaseLiabilityNet	184879014	usd
CY2023Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	21970124	usd
CY2022Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	16365075	usd
CY2023Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	143266867	usd
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	168513939	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	34985770	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	25366510	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	23877184	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	24796131	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Year Five FinanceLeaseLiabilityPaymentsDueYearFive	29434485	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due After Year Five FinanceLeaseLiabilityPaymentsDueAfterYearFive	114985465	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	253445545	usd
CY2023Q4	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	85771542	usd
CY2023Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	167674003	usd
CY2023Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	21970124	usd
CY2023Q4	panl	Finance Lease Liability Issuance Costs FinanceLeaseLiabilityIssuanceCosts	2437012	usd
CY2023Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	143266867	usd
CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	19974390	usd
CY2021Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	17806976	usd
CY2023	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	2500000	usd
CY2022	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	2050000	usd
CY2023	panl	Earnings Attributable To Noncontrolling Interest Recorded As Interest Expense EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense	462150	usd
CY2022	panl	Earnings Attributable To Noncontrolling Interest Recorded As Interest Expense EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense	6717414	usd
CY2023	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	0	usd
CY2022	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	5000000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	17936540	usd
CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	19974390	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	79491413	usd
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44773899	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44398987	shares
CY2023	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	701554	shares
CY2022	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	660600	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45475453	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45059587	shares
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.59
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.79
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.58
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.76
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	46466622	shares
CY2016Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	6200000	shares
CY2023	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2087807	usd
CY2022	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1767726	usd
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	1612859	shares
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	2.91
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	460045	shares
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	4.09
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	624573	shares
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue	3.42
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	81021	shares
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue	3.03
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	1367310	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	3.07
CY2023	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	607111	shares
CY2023	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	5.53
CY2023	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	536593	shares
CY2023	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue	3.45
CY2023	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	14168	shares
CY2023	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue	3.04
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	1423660	shares
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	3.97
CY2023Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	1772889	usd
CY2023Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment	1844100	usd
CY2023Q4	us-gaap	Goodwill Goodwill	3104800	usd
CY2023Q2	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	2251100	usd
CY2023	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	8972889	usd
CY2023Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents	326888	usd
CY2023	us-gaap	Business Combination Consideration Transferred1 BusinessCombinationConsiderationTransferred1	9299777	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	113700000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	118100000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	135600000	usd
CY2023Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	131900000	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	191700000	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	195600000	usd
CY2023Q4	us-gaap	Tangible Asset Impairment Charges TangibleAssetImpairmentCharges	0	usd
CY2022Q1	us-gaap	Tangible Asset Impairment Charges TangibleAssetImpairmentCharges	3000000.0	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	184500000	usd
CY2022Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	127900000	usd
CY2023Q1	panl	Voyage Expense VoyageExpense	56800000	usd
CY2023Q2	panl	Voyage Expense VoyageExpense	54500000	usd
CY2023Q3	panl	Voyage Expense VoyageExpense	59100000	usd
CY2023Q4	panl	Voyage Expense VoyageExpense	57100000	usd
CY2022Q1	panl	Voyage Expense VoyageExpense	65300000	usd
CY2022Q2	panl	Voyage Expense VoyageExpense	67900000	usd
CY2022Q3	panl	Voyage Expense VoyageExpense	74700000	usd
CY2022Q4	panl	Voyage Expense VoyageExpense	54200000	usd
CY2023Q1	panl	Charter Hire Expense CharterHireExpense	22600000	usd
CY2023Q2	panl	Charter Hire Expense CharterHireExpense	29100000	usd
CY2023Q3	panl	Charter Hire Expense CharterHireExpense	25500000	usd
CY2023Q4	panl	Charter Hire Expense CharterHireExpense	33900000	usd
CY2022Q1	panl	Charter Hire Expense CharterHireExpense	77700000	usd
CY2022Q2	panl	Charter Hire Expense CharterHireExpense	65700000	usd
CY2022Q3	panl	Charter Hire Expense CharterHireExpense	50800000	usd
CY2022Q4	panl	Charter Hire Expense CharterHireExpense	28200000	usd
CY2023Q1	panl	Vessel Operating Expense VesselOperatingExpense	13600000	usd
CY2023Q2	panl	Vessel Operating Expense VesselOperatingExpense	13200000	usd
CY2023Q3	panl	Vessel Operating Expense VesselOperatingExpense	14300000	usd
CY2023Q4	panl	Vessel Operating Expense VesselOperatingExpense	14700000	usd
CY2022Q1	panl	Vessel Operating Expense VesselOperatingExpense	13200000	usd
CY2022Q2	panl	Vessel Operating Expense VesselOperatingExpense	12900000	usd
CY2022Q3	panl	Vessel Operating Expense VesselOperatingExpense	15400000	usd
CY2022Q4	panl	Vessel Operating Expense VesselOperatingExpense	15400000	usd
CY2023Q1	panl	Terminal Stevedore Expenses TerminalStevedoreExpenses	0	usd
CY2023Q2	panl	Terminal Stevedore Expenses TerminalStevedoreExpenses	400000	usd
CY2023Q3	panl	Terminal Stevedore Expenses TerminalStevedoreExpenses	3500000	usd
CY2023Q4	panl	Terminal Stevedore Expenses TerminalStevedoreExpenses	1900000	usd
CY2022Q1	panl	Terminal Stevedore Expenses TerminalStevedoreExpenses	0	usd
CY2022Q2	panl	Terminal Stevedore Expenses TerminalStevedoreExpenses	0	usd
CY2022Q3	panl	Terminal Stevedore Expenses TerminalStevedoreExpenses	0	usd
CY2022Q4	panl	Terminal Stevedore Expenses TerminalStevedoreExpenses	0	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5700000	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5900000	usd
CY2023Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5500000	usd
CY2023Q4	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5700000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5300000	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5100000	usd
CY2022Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5800000	usd
CY2022Q4	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3900000	usd
CY2023Q1	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	7300000	usd
CY2023Q2	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	7100000	usd
CY2023Q3	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	8100000	usd
CY2023Q4	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	7500000	usd
CY2022Q1	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	7300000	usd
CY2022Q2	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	7300000	usd
CY2022Q3	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	7400000	usd
CY2022Q4	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	7500000	usd
CY2023Q1	us-gaap	Tangible Asset Impairment Charges TangibleAssetImpairmentCharges	0	usd
CY2023Q2	us-gaap	Tangible Asset Impairment Charges TangibleAssetImpairmentCharges	0	usd
CY2023Q3	us-gaap	Tangible Asset Impairment Charges TangibleAssetImpairmentCharges	0	usd
CY2022Q2	us-gaap	Tangible Asset Impairment Charges TangibleAssetImpairmentCharges	0	usd
CY2022Q3	us-gaap	Tangible Asset Impairment Charges TangibleAssetImpairmentCharges	0	usd
CY2022Q4	us-gaap	Tangible Asset Impairment Charges TangibleAssetImpairmentCharges	0	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-1200000	usd
CY2023Q2	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
CY2023Q3	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
CY2023Q4	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-600000	usd
CY2022Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
CY2022Q2	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-300000	usd
CY2022Q3	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
CY2022Q4	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	107200000	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	110200000	usd
CY2023Q3	us-gaap	Operating Expenses OperatingExpenses	115900000	usd
CY2023Q4	us-gaap	Operating Expenses OperatingExpenses	121300000	usd
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	171800000	usd
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	159200000	usd
CY2022Q3	us-gaap	Operating Expenses OperatingExpenses	154100000	usd
CY2022Q4	us-gaap	Operating Expenses OperatingExpenses	109200000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	6500000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	7900000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	19700000	usd
CY2023Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	10600000	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	19900000	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	36400000	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	30400000	usd
CY2022Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	18700000	usd
CY2023Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	4300000	usd
CY2023Q2	us-gaap	Interest Expense Debt InterestExpenseDebt	4100000	usd
CY2023Q3	us-gaap	Interest Expense Debt InterestExpenseDebt	4300000	usd
CY2023Q4	us-gaap	Interest Expense Debt InterestExpenseDebt	4300000	usd
CY2022Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	3400000	usd
CY2022Q2	us-gaap	Interest Expense Debt InterestExpenseDebt	3700000	usd
CY2022Q3	us-gaap	Interest Expense Debt InterestExpenseDebt	4400000	usd
CY2022Q4	us-gaap	Interest Expense Debt InterestExpenseDebt	4300000	usd
CY2023Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	1000000.0	usd
CY2023Q2	us-gaap	Interest And Other Income InterestAndOtherIncome	1000000.0	usd
CY2023Q3	us-gaap	Interest And Other Income InterestAndOtherIncome	800000	usd
CY2023Q4	us-gaap	Interest And Other Income InterestAndOtherIncome	700000	usd
CY2022Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	0	usd
CY2022Q2	us-gaap	Interest And Other Income InterestAndOtherIncome	0	usd
CY2022Q3	us-gaap	Interest And Other Income InterestAndOtherIncome	300000	usd
CY2022Q4	us-gaap	Interest And Other Income InterestAndOtherIncome	600000	usd
CY2023Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-400000	usd
CY2023Q2	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-1300000	usd
CY2023Q3	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	4500000	usd
CY2023Q4	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-5700000	usd
CY2022Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	7500000	usd
CY2022Q2	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-3500000	usd
CY2022Q3	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-4500000	usd
CY2022Q4	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	1200000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	400000	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	200000	usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-200000	usd
CY2023Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	300000	usd
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	100000	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	100000	usd
CY2022Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	300000	usd
CY2022Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	300000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3100000	usd
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-5100000	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	500000	usd
CY2023Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-8400000	usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2400000	usd
CY2022Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-8700000	usd
CY2022Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-10700000	usd
CY2022Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-2900000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	3400000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	2800000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	20200000	usd
CY2023Q4	us-gaap	Profit Loss ProfitLoss	2200000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	22300000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	27700000	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	19600000	usd
CY2022Q4	us-gaap	Profit Loss ProfitLoss	15800000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-100000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-100000	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1300000	usd
CY2023Q4	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1000000.0	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2300000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2500000	usd
CY2022Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1000000.0	usd
CY2022Q4	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	300000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	3500000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	2800000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	18900000	usd
CY2023Q4	us-gaap	Net Income Loss NetIncomeLoss	1100000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	20000000.0	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	25200000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	18700000	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	15500000	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.08
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.06
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.42
CY2023Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.03
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.45
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.56
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.42
CY2022Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.35
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.08
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.06
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.42
CY2023Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.03
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.45
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.56
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.42
CY2022Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.34
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44712290	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44775438	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44775438	shares
CY2023Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44815282	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44388960	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44430487	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44415575	shares
CY2022Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44435664	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45116719	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45127972	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45081668	shares
CY2023Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45392225	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45192983	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45070533	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	44640278	shares
CY2022Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	44985969	shares

Files In Submission

Name	View Source	Status
0001606909-24-000043-index-headers.html	Edgar Link	pending
0001606909-24-000043-index.html	Edgar Link	pending
0001606909-24-000043.txt	Edgar Link	pending
0001606909-24-000043-xbrl.zip	Edgar Link	pending
exhibit23110k.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
pangaealogisticssolutionsl.htm	Edgar Link	pending
panl-12312023ex311.htm	Edgar Link	pending
panl-12312023ex312.htm	Edgar Link	pending
panl-12312023ex321.htm	Edgar Link	pending
panl-12312023ex322.htm	Edgar Link	pending
panl-20231231.htm	Edgar Link	pending
panl-20231231.xsd	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R13.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
panl-20231231_cal.xml	Edgar Link	unprocessable
panl-20231231_def.xml	Edgar Link	unprocessable
panl-20231231_lab.xml	Edgar Link	unprocessable
panl-20231231_pre.xml	Edgar Link	unprocessable
panl-20231231_htm.xml	Edgar Link	completed
R14.htm	Edgar Link	pending
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R9999.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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2024 Q1 Form 10-K Financial Statement

#000160690924000043 Filed on March 14, 2024

Income Statement

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$PANL Pangaea Logistics Solutions Ltd. Stock $panl

2024 Q1 Form 10-K Financial Statement

#000160690924000043 Filed on March 14, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PANL
Pangaea Logistics Solutions Ltd. Stock $panl