Mads Boye Petersen

Pangaea Logistics Solutions Ltd. is a provider of seaborne drybulk transportation and logistics services. Pangaea utilizes its renowned logistics expertise to service a broad base of industrial customers who require the transportation of a wide variety of drybulk cargoes including but not limited to: Steel feedstocks: Iron Ore, Pig Iron, Scrap, DRI, Manganese Aluminum industry raw materials: Bauxite, Alumina, Calcined Petcoke Energy sector: Coal, Petcoke, Wood Pellets Agriculture sector: Wheat, Corn, Soy products, as well as Fertilizers such as Phosphates, Sulphur & Urea Construction sector: Cement, Cement Clinker, Furnace Slag, Aggregates Industrial minerals: Salt, Limestone, Dolomite, Sand, Gravel, Gypsum For more information go to www.pangaeals.com (NASDAQ: PANL)