Paragon Shipping, Inc. (NASDAQ:PRGN) will release the third quarter earnings for 2009 on Tuesday, November 10 following the close of the financial markets. The company will conduct a conference call at 9:00 am ET the following morning, Wednesday, November 11, 2009. Interested parties may participate in the call by dialing 1.866.288.9315 for US callers, 44.0.800.3769.250 for UK callers, or 30.211.180.2000 for all other callers. The access code will be 909. A replay will also be available at 1.866.288.9317 (US), 44.0.800.901.2906 (UK), or 30.210.94.60.929 (all other callers). The access code for the replay will be 099#. A webcast of the presentation, in addition to the accompanying slide presentation, will be available on the company’s website, www.paragonship.com. Please allow fifteen minutes to download and install any necessary audio software. The webcast will remain on the site for one year.
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Paragon Shipping Inc. is a global provider of shipping transportation services. The Company specializes in transporting dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials. The Company's fleet consists of seven Panamax dry bulk carriers, three Handymax dry bulk carriers and two Supramax dry bulk carrier with an aggregate capacity of approximately 765,137 deadweight tonnages (dwt) and a weighted average age of eight years as of December 31, 2008. During the year ended December 31, 2008, it took delivery of one vessel comprising its fleet of 12 vessels. The Company primarily employs its vessels on time charters for a medium to long-term period of time. It is focused to employ its vessels in the spot charter market, on voyage charters or short-term charters, which generally last from 10 days to three months.
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