PARAGON SHIPPING
PARAGON SHIPPING News
Paragon Shipping to Counter Downturn
Paragon Shipping Inc is at cyclical lows, as the entire drybulk shipping sector has suffered and, along with the container and LNG sectors. Michael Bodouroglou, Founder…
Paragon Shipping Sells Panamax Bulker to Repay Loan
Paragon Shipping Inc. announced that it has entered into an agreement to sell M/V Kind Seas for a cash consideration of $3.5 million to an unaffiliated third party…
Paragon Shipping Gets US$120-Million Towards Ultramax Newbuildings
Greek drybulk cargo ship owner, Paragon Shipping, informs it has entered into a firm commitment with a European bank syndicate to partly finance up to 60 % of the market value of their two new Ultamax newbuilds due to be delivered in 2015. The new $120.0 million senior secured amortizing credit facility is with a syndicate of banks led by Nordea Bank Finland PLC. Paragon adds that the six-year facility…
Paragon Shipping Easing From Red to Black in Q2 2013
Greece's drybuld cargo shipping specialistsm Paragon Shipping Inc. ,announce its results for the second quarter and six months ended June 30, 2013. Gross charter…
Paragon Shipping Raises Working Capital
Paragon Shipping Inc. raises US$ 10-million working capital in sale of newly-issued shares to an entity affiliated to its own chairman. The Paragon Board agreed to sell 4…
Paragon Shipping Charters Out Two Bulk Carriers
Paragon Shipping Inc. The M/V Diamond Seas, a 2001 built 74,274 dwt Panamax bulkcarrier, has been fixed to HYundai Glovis Co. Ltd for a period of 3 to 6 months at a gross daily rate of $9,150.
Paragon Shipping Enters New Time Charters
Paragon Shipping Inc., a shipping transportation company specializing in drybulk cargoes, announced that it has entered into fixed rate time charter agreements for two of its 37…
Paragon Shipping Announces Date For Q1
Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, announced today that it will release its results for the first quarter ended March 31, 2011, after the market closes in New York on Thursday, May 26, 2011. Paragon’s management team will host a conference call to discuss the Company's financial results on Friday, May 27, 2011, at 10:00am EDT.
Paragon Shipping Sale Two Containerships To Box Ships
ATHENS, Greece, April 29, 2011 - Paragon Shipping Inc. (NYSE: PRGN), or the Company, a global shipping transportation company specializing in drybulk cargoes, announced today that it has completed the sale and delivery to Box Ships Inc., of both the Box Trader and Box Voyager, two 3,426 TEU high specification containership vessels built in 2010 in exchange for 2,266,600 shares of Box Ships common stock and approximately $69.2 million in cash.
Paragon Shipping Q2 & Six Month Report
Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes and containers, announced its results for the second quarter and six months ended June 30…
Paragon Shipping Contracts for Drybulk Vessels
Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, announced that it has entered into shipbuilding contracts…
Paragon Shipping Signs Two-Year Contracts
Paragon Shipping Inc. has entered into new two-year time charter contracts for the Calm Seas and the Coral Seas. Both vessels have been forward fixed on period time…
