Pangaea Logistics Solutions Ltd. Awarded First Dry Bulk "Silent E" Certification
Portfolio Pulse from Benzinga Newsdesk
Pangaea Logistics Solutions Ltd. (NASDAQ:PANL) announced that its dry bulk carrier, Nordic Nuluujaak, has been awarded the Class Silent (E) Notation by DNV, making it the first dry bulk carrier to receive this certification. The Silent (E) Notation is given to vessels that can effectively reduce environmental noise emissions. The company's CEO, Mark Filanowski, emphasized the importance of reducing ecological impact, including underwater noise.
October 12, 2023 | 8:41 pm
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Pangaea Logistics' Nordic Nuluujaak has received the Silent (E) Notation, a certification for reducing environmental noise emissions. This could enhance the company's reputation for environmental responsibility.
The award of the Silent (E) Notation to Pangaea's carrier is a positive development for the company. It demonstrates their commitment to environmental responsibility, which could enhance their reputation and potentially attract environmentally conscious investors or clients. This could have a positive impact on the company's stock in the short term.
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