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Balance Sheet Cash Flow Statement 15 Karamanli Ave. 166 73 Voula, Attikí, Greece Tel. +30-210-891-4600 |
Type: Public
On the web:
http://www.paragonship.com
Employees:
304
Employee growth: (39.7%)
Paragon Shipping strives to be a shining example of efficiency in the marine transportation of dry bulk cargo. The company owns a fleet of about a dozen vessels, including Handymax, Panamax, and Supramax units, that are chartered to shippers, typically on one- to two-year terms. Paragon's vessels, which have a total capacity of more than 750,000 deadweight tons (DWT), carry such commodities as bauxite, coal, grain, iron ore, fertilizers, and phosphate worldwide. Investment firm Morgan Stanley, a leading commodity trader, accounts for about 30% of the company's sales.
Key numbers for fiscal year ending December, 2008:
Sales: $161.1M
One year growth: 120.2%
Net income: $69.2M
Income growth: 1311.8%
Officers:
Chairman and CEO: Michael Bodouroglou
COO: George Skrimizeas
CFO: Christopher J. Thomas
Competitors:
DryShips Inc.
Genco Shipping and Trading
Navios Maritime
