Pangaea Logistics: SEC filing of the week: Pangea completes acquisition of 15 cargo vessels

NEWPORT - Pangea Logistics Solutions Ltd. completed its acquisition of 15 handy-size vessels from Strategic Shipping Inc. According to its filing with the U.S. Securities and Exchange Commission on Jan 6, Pangea issued 18 million shares of its common stock to SSI equal to approximately 27.6% of the company's outstanding common stock in exchange for [...]