ATHENS, Greece, Feb. 13, 2013 /PRNewswire/ -- Paragon Shipping Inc. (NYSE: 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 fourth quarter and year ended December 31, 2012, before the market opens in New York on Tuesday, February 19, 2013. Paragon's management team will host a conference call to discuss the Company's financial results on the same day, 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 1-877-317-6789 ( USA) or +1-412-317-6789 (international) to access the call. A replay of the conference call will be available for seven days and can be accessed by dialing 1-877-344-7529 ( USA) or +1-412-317-0088 (international) and using passcode 10025328. 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 ShippingParagon Shipping is a Marshall Islands-based international shipping company with executive offices in Athens, Greece, specializing in the transportation of drybulk cargoes. The Company's current fleet consists of twelve drybulk vessels with a total carrying capacity of 779,270 dwt. In addition, the Company's current newbuilding program consists of two Handysize drybulk carriers and two 4,800 TEU Containerships. 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 Company's website does not constitute part of this press release. ContactsParagon Shipping Inc.firstname.lastname@example.orgAllen & Caron Inc.Rudy Barrio (Investors) email@example.com(212) 691-8087 Len Hall (Media) firstname.lastname@example.org(949) 474-4300 SOURCE Paragon Shipping Inc.