NEWPORT, R.I., Jan. 10, 2017 /PRNewswire/ -- Pangaea Logistics
Solutions, Ltd. (NASDAQ: PANL) ("the Company"), today announced the
appointment of Mark Filanowski to
the role of Chief Operating Officer of the Company.
Mr. Filanowski, who has been a board member since the Company
went public in October 2014, will
assume immediately the newly created position in the Company.
Mr. Coll said, "For the last 18 months, Mark has been facilitating
projects essential to our corporate strategy, including acquisition
of the minority interest in our subsidiary Nordic Bulk Holding ApS
and securing long-term financing for our newbuilding
projects. His experience will help to guide us through the
next stage of Pangaea's growth."
Mr. Filanowski was previously a Senior Vice President and Chief
Financial Officer of Marine Transport Corp., a NASDAQ listed
company, prior to his involvement in formation of Intrepid
Shipping, LLC in 2002. He has over 25 years of experience in
shipping operations and finance.
Mr. Filanowski will remain on the Board of Directors of Pangaea
as a non-independent director, and he will retain his existing
ownership interests in Intrepid Shipping, LLC, a non-affiliated
company which commercially manages two chemical parcel tankers and
three handy bulk carriers, as well as his minority ownership
interests in the same vessels.
About Pangaea Logistics Solutions Ltd.
Pangaea Logistics Solutions Ltd. (NASDAQ: PANL) provides
logistics services to a broad base of industrial customers who
require the transportation of a wide variety of dry bulk cargoes,
including grains, pig iron, hot briquetted iron, bauxite, alumina,
cement clinker, dolomite, and limestone. The Company
addresses the transportation needs of its customers with a
comprehensive set of services and activities, including cargo
loading, cargo discharge, vessel chartering, and voyage
planning. Learn more at www.pangaeals.com.
CONTACT INVESTOR RELATIONS:
Prosek Partners
Thomas Rozycki
Managing Director
(212) 279-3115 x208
trozycki@prosek.com
Josh Clarkson
Account Supervisor
(212) 279-3115 x259
jclarkson@prosek.com
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SOURCE Pangaea Logistics Solutions Ltd.