Pangaea Logistics: Q1 Earnings Snapshot

By The Associated Press
May 11, 2026 | 5:11 PM

NEWPORT, R.I. (AP) — NEWPORT, R.I. (AP) — Pangaea Logistics Solutions Ltd. (PANL) on Monday reported earnings of $13.3 million in its first quarter.

The Newport, Rhode Island-based company said it had net income of 21 cents per share. Earnings, adjusted for non-recurring gains, came to 11 cents per share.

The maritime logistics company posted revenue of $170.6 million in the period.

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Rescuers in Nepal pull 2 people alive from the debris 10 days after devastating floods

By The Associated Press
September 5, 2026 | 9:59 PM

KATHMANDU, Nepal (AP) — Rescuers in Nepal pulled out a Chinese man and a woman in separate operations Saturday, 10 days after devastating floods hit the country, as teams continued searching for thousands of missing people. The man was rescued from a hydropower tunnel, according to a social media post by the country’s prime minister’s office, bringing the total to three workers pulled alive from the Trishuli hydropower project. Two Nepalese workers were rescued on Friday. Nepal's army said a joint rescue team of Nepalese military personnel and South Korean disaster experts rescued the man from a 225-meter (about 740-foot) tunnel and that he was undergoing a health assessment. Images showed him being evacuated by helicopter, with an army medic checking on him during the flight. A photo released by Chinese state broadcaster CCTV showed two rescuers carrying the man, called Lu Haitao, out of the tunnel.

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