Pangaea Logistics Solutions, Ltd. (PANL) Q3 2024 Earnings Call Transcript

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Q3 2024 Earnings Call Transcript November 13, 2024 8:00 AM ET

Company Participants

Stefan Neely – IR, Vallum Advisors
Mark Filanowski – CEO
Gianni Del Signore – CFO
Mads Petersen – COO

Conference Call Participants

Liam Burke – B. Riley
Poe Fratt – AGP
Climent Molins – Value Investor’s

Operator

Good morning. My name is Shelby, and I will be your conference operator today. At this time, I would like to welcome everyone to the Pangaea Logistics Solutions Third Quarter 2024 Earnings Teleconference. Today’s call is being recorded and will be available for replay beginning at 11:00 a.m. Eastern Standard Time. The recording can be accessed by dialing (800) 839-9374 or (402) 220-6087. All lines are currently mutes, and after the prepared remarks, there will be a live question-and-answer session. [Operator Instructions] It is now my pleasure to turn the floor over to Stefan Neely with Vallum Advisors.

Stefan Neely

Thank you, operator, and welcome to the Pangaea Logistics Solutions third quarter 2024 results conference call. Leading the call with me today is CEO, Mark Filanowski; Chief Financial Officer, Gianni Del Signore; and COO, Mads Petersen.

Today’s discussion contains forward-looking statements about future business and financial expectations. Actual results may differ significantly from those projected in today’s forward-looking statements due to various risks and uncertainties, including the risks described in our periodic reports filed with the SEC. Except as required by law, we undertake no obligation to update our forward-looking statements. At the conclusion of our prepared remarks, we will open the line for questions.

With that, I would like to turn the call over to Mark.

Mark Filanowski

Thank you, Stefan, and welcome to those joining us on the call today. After the market closed yesterday, we issued a release detailing our third quarter 2024 results. During the third