Pangaea Logistics Solutions PANL Payment For Drydocking Costs
Payment For Drydocking Costs at other companies
Other financials
Where this comes from
Reported directly by Pangaea Logistics Solutions in its filing.
Tagged under the XBRL concept panl:PaymentForDrydockingCosts.
The official record: Pangaea Logistics Solutions’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Pangaea Logistics Solutions's payment for drydocking costs?
- Pangaea Logistics Solutions (PANL) reported payment for drydocking costs of $6.79M in Q1 2026.
- How has Pangaea Logistics Solutions's payment for drydocking costs changed year-over-year?
- Pangaea Logistics Solutions's payment for drydocking costs increased by 5.3% year-over-year, from $6.45M to $6.79M.
- What is the long-term trend for Pangaea Logistics Solutions's payment for drydocking costs?
- Over 4 years (2021 to 2025), Pangaea Logistics Solutions's payment for drydocking costs has grown at a 21.1% compound annual growth rate (CAGR), from $8.08M to $17.4M.
- What does payment for drydocking costs mean?
- This represents the cash outflows required for the mandatory periodic maintenance and inspection of vessels to ensure compliance with regulatory and safety standards. These costs are essential for maintaining the operational integrity and seaworthiness of the fleet. High expenditures in this category are necessary to prevent future operational downtime and ensure long-term asset utility.