Paragon Shipping Inc. (NYSE:PRGN)
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The Company provides drybulk shipping services worldwide.
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The Company provides drybulk shipping services worldwide.
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Small shipper beaten down by market jitters and the "assumed" over-supply of ships hitting the industry in 2012, although the industry as a whole rather a rather "aged" fleet, so any increase in supply should be managed easily as shippers retire old vessels.