Even the Covid-19 pandemic was not enough to derail Pangaea Logistics Solutions' sixth straight year of running a profit as a public company.
The Ed Coll-led specialist in bulker niche trades and project cargoes delivered fourth-quarter adjusted net income of $6.2m or $0.14 per share, against $4.4m or $0.10 for the corresponding period of 2019.
The result clinched an adjusted net profit of $14m or $0.26
