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Press Releases
PARAGON SHIPPING INC. REPORTS SECOND QUARTER AND SIX MONTHS ENDED JUNE 30, 2010 RESULTS Posted on Monday, August 9 2010 read more
PARAGON SHIPPING INC. ANNOUNCES THE SALE OF A HANDYMAX VESSEL AND CHARTER AGREEMENTS FOR TWO CONTAINER VESSELS Posted on Wednesday, July 21 2010 ATHENS, Greece, July 21, 2010 - Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in dry cargoes, agreed to sell one of its 1995 built dry bulk handymax vessels (the CLEAN SEAS). The Company also announced that it has entered into a two year time charter contract for each of the two, newly acquired, container vessels which will be named BOX TRADER and BOX VOYAGER. The container vessels have been contracted on a fixed rate period time charter term of 24 months (plus / minus 45 days) with CSAV Valparaiso Chile, with delivery dates starting from the middle of August and through the first week of September 2010. read more
PARAGON SHIPPING ANNOUNCES THE APPOINTMENT OF INTERIM CHIEF FINANCIAL OFFICER Posted on Wednesday, July 14 2010 ATHENS, Greece, July 14, 2010 - Paragon Shipping Inc. (NYSE: PRGN), or the Company, a global shipping transportation company, announced today that its Board of Directors has appointed Mr. Michael Bodouroglou, Chairman and Chief Executive Officer of Paragon Shipping, to act as Interim Chief Financial Officer of the Company. read more
PARAGON SHIPPING INC. REPORTS THE SALE OF ONE KAMSARMAX NEWBUILDING CONTRACT AND THE PURCHASE OF TWO 3,400 TEU CONTAINER VESSELS Posted on Wednesday, June 30 2010 ATHENS, Greece, June 30, 2010 - Paragon Shipping Inc. (NYSE: PRGN), or the Company, a global shipping transportation company, announced today that it has sold one of its newbuilding Kamsarmax contracts and has also entered into agreements to acquire two 3,400 TEU newly built containerships. read more
PARAGON SHIPPING INC. ANNOUNCES EXERCISE OF OPTIONS FOR FOUR NEWBUILDING VESSELS Posted on Friday, May 7 2010 read more
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