Pangaea Orders Two High Ice Class Ships and Long-Term Financing

Capt. John
  • Pangaea Logistics has placed an order for high ice class post-Panamax dry bulk 95,000 dwt.
  • The four ships are expected to be delivered in April and May 2021 costing $37.7 million each.
  • The ships will be bareboat chartered for 15 years to entities that are controlled by a new joint venture company.

According to an article published in CISION PR Newswire, Pangaea Logistics Solutions Ltd. announced that it has expanded its order for high ice class post-panamax dry bulk 95,000 dwt. vessels at...

http://mfame.guru/pangaea-orders-two-high-ice-class-ships-and-long-term-financing/

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