Paragon Shipping Inc. Files 2008 Annual Report

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Mon Jun 1, 2009 10:32am EDT 

ATHENS, June 1 /PRNewswire-FirstCall/ -- Paragon Shipping Inc. (Nasdaq:
PRGN), a global shipping transportation company specializing in dry bulk
cargoes, filed its 2008 Annual Report on Form 20-F with the United States
Securities and Exchange Commission. The report is available for download on
the Company's website, http://www.paragonship.com. Any shareholder may
receive a hard copy of the Company's complete Annual Report, which includes
the Company's complete 2008 audited financial statements, free of charge upon
request.
    About Paragon Shipping Inc.
    Paragon Shipping Inc. is an Athens, Greece-based international shipping
company specializing in the transportation of drybulk cargoes. The Company's
current fleet consists of twelve vessels with a total carrying capacity of
765,137 dwt. For further information, please visit the Company's website at
http://www.paragonship.com.
    Contacts:

    Christopher Thomas
    Chief Financial Officer
    Paragon Shipping Inc.
    15, Karamanli Ave. GR 166 73
    Voula, Greece
    Tel: +30(210)8914-600

    Eric Boyriven, Alexandra
    Tramont
    FD
    Tel: +1-212-850-5600


SOURCE  Paragon Shipping Inc

Contacts: Christopher Thomas, Chief Financial Officer, Paragon Shipping Inc.,
15, Karamanli Ave. GR 166 73, Voula, Greece, Tel: +30(210)8914-600; Eric
Boyriven, Alexandra, Tramont, FD, Tel: +1-212-850-5600
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