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Paragon Shipping Announces Date For The Release Of Third Quarter And Nine Months Ended September 30, 2013 Results, Conference



  Paragon Shipping Announces Date For The Release Of Third Quarter And Nine
     Months Ended September 30, 2013 Results, Conference Call And Webcast

PR Newswire

ATHENS, Greece, Oct. 31, 2013

ATHENS, Greece, Oct. 31, 2013 /PRNewswire/ -- Paragon Shipping Inc. (NASDAQ:
PRGN) ("Paragon Shipping" or the "Company"), a global shipping transportation
company specializing in drybulk cargoes, announced today that it will release
its results for the third quarter and nine months ended September 30, 2013,
after the market closes in New York on Thursday, November 7, 2013. Paragon's
management team will host a conference call to discuss the Company's financial
results on Friday, November 8, 2013, at 10:00 am ET.

Conference Call and Webcast details:
Participants should dial into the call ten minutes before the scheduled time
using the following numbers 1-877-300-8521 (USA) or +1-412-317-6026
(international) to access the call. A replay of the conference call will be
available for seven days and can be accessed by dialing 1-877-870-5176 (USA)
or +1-858-384-5517 (international) and using passcode 10036460.

Slides and audio webcast:
There will also be a simultaneous live webcast through the Company's website,
www.paragonship.com. Participants should register on the website approximately
ten minutes prior to the start of the webcast.

About Paragon Shipping
Paragon Shipping Inc. is an international shipping company incorporated under
the laws of the Republic of the Marshall Islands with executive offices in
Athens, Greece, specializing in the transportation of drybulk cargoes. Paragon
Shipping's current fleet consists of thirteen drybulk vessels with a total
carrying capacity of 816,472 dwt. In addition, the Paragon Shipping's current
newbuilding program consists of one Handysize drybulk carrier that is
scheduled to be delivered in the fourth quarter of 2013, as well as two
Ultramax drybulk carriers and two 4,800 TEU containerships that are scheduled
to be delivered in 2014. Paragon Shipping has granted Box Ships Inc., an
affiliated company, the option to acquire its two containerships under
construction. For more information, visit: www.paragonship.com. The
information contained on the Paragon Shipping's website does not constitute
part of this press release.

Contacts

Paragon Shipping Inc.
info@paragonship.com

Allen & Caron Inc.
Rudy Barrio (Investors)
r.barrio@allencaron.com
(212) 691-8087

Len Hall (Media)
len@allencaron.com
(949) 474-4300

SOURCE Paragon Shipping Inc.

Website: http://www.paragonship.com
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