1231 results found for 'paragon'

1231 results found for 'paragon'
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  • Noble’s spinoff Paragon Offshore names Senior VP and CFO

    22 April 2014
    Business & Finance

    Noble Corporation plc today announced that Steven A. Manz has been appointed to the position of Senior Vice President and Chief Financial Officer of Paragon Offshore Ltd., the standard specification offshore drilling company to be created upon separation from Noble. He will report to Randall Stilley, who was named in February to serve as Chief […]

  • Paragon Shipping Cancels One of Its Two Newbuilding Contracts

    10 December 2013
    Business & Finance

    Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced yesterday that it has entered into an agreement with a Chinese shipyard to cancel one of its two 4,800 TEU containership newbuilding contracts at no cost to the Company, transfer the deposit to the remaining vessel and to reduce its contract price […]

  • Paragon Shipping Places Order for Three Kamsarmax Drybulk Vessels

    6 March 2014
    Business & Finance

    Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, has signed shipbuilding contracts for three eco-design Kamsarmax drybulk carriers. These eco-design Kamsarmax newbuildings have a carrying capacity of 81,800 dwt each, and will be built at Jiangsu Yangzijiang Shipbuilding Co. Two of the newbuildings are scheduled to be delivered in the second […]

  • Paragon Shipping Reaches Agreement to Postpone Newbuild Deliveries (Greece)

    8 November 2012
    Business & Finance

      Greece-based Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, yesterday announced that it has reached an agreement with Zhejiang Ouhua Shipbuilding Co., Ltd to postpone the delivery dates of the Company’s vessels under construction and to change the apportionment of the advances already paid among the vessels under construction. Under […]

  • Paragon Shipping Inc. takes delivery of its tenth

    29 November 2007

    Paragon Shipping Inc. announced today that it took delivery of its tenth drybulk carrier, the Coral Seas, on November 21, 2007. This 74,477 dwt 2006-built Panamax vessel has been chartered to Bunge S.A. pursuant to a time charter with a remaining period of approximately 23 to 25 months at a rate of $54,000 per day.

  • Paragon Secures CDB Credit Facility for Two Newbuilds

    21 May 2013

    Paragon Shipping Inc. has signed an agreement for a $69 million credit facility with China Development Bank (CDB) to partially finance its two 4,800 TEU containerships currently under construction, that are expected to be delivered in the second quarter of 2014. The Company has granted an option to Box Ships Inc., a subsidiary of the […]

  • Greece: Paragon Shipping Enters into Time Charter Agreements for Two Panamax Vessels

    8 November 2011
    Business & Finance

      Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced that it has entered into fixed rate time charter agreements for two of its Panamax Vessels, M/V Kind Seas, and M/V Golden Seas with Mansel LTD, an entity fully owned and controlled by Vitol SA Geneva. The M/V Kind Seas, a […]

  • Paragon inks sale and leaseback deal for two Prospector jack-ups

    4 June 2015
    Business & Finance, Exploration & Production

    Paragon Offshore plc, a provider of offshore drilling rigs to the oil and gas industry, announced that its subsidiaries, which were part of the company’s acquisition of Prospector Offshore Drilling S.A., have entered into a combined $300 million sale-leaseback financing facility with subsidiaries of SinoEnergy. SinoEnergy is a private investment firm registered in the British […]

  • VIDEO: Former Paragon jack-up leaves Port of Esbjerg

    21 January 2019
    Exploration & Production

    The Haeva jack-up rig, the previously named Paragon HZ1, has left the Port of Esbjerg.

  • Greece: Paragon Shipping Appoints Allen & Caron for Investor Relations

    10 January 2012
    Business & Finance

      Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced that it has appointed Allen & Caron Inc., headquartered in New York City with offices in Irvine, California and London, as its agency for investor relations. Paragon Shipping’s fleet of drybulk vessels carries a wide range of cargoes and operates worldwide […]

  • Greece: Paragon Shipping Enters Charter Agreement for MV Calm Seas

    17 January 2012
    Business & Finance

      Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced today that it has entered into a fixed rate time charter agreement for its Vessel, M/V Calm Seas, with Intermare Transport GMBH. The M/V Calm Seas, a 1999 build, 74,047 dwt Panamax bulkcarrier, has been fixed to Intermare for a period […]

  • Greece: Paragon Shipping Takes Delivery of MV Precious Seas

    20 June 2012

    Paragon Shipping Inc. announced yesterday that it has taken delivery of the M/V Precious Seas, a 37,205 dwt Handysize vessel, from the Zhejiang Ouhua Shipbuilding Co. in China. The vessel has been chartered out to Cargill International S.A. for a period of 23 to 26 months at a gross daily rate of $12,125. In addition, […]

  • Paragon Shipping Takes Delivery of Handysize Vessel MV Proud Seas

    7 January 2014
    Business & Finance

    Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced today that it has taken delivery of M/V Proud Seas, a 37,227 dwt Handysize vessel, from Zhejiang Ouhua Shipbuilding Co. in China. In addition, the Company announced today that it has entered into an agreement with HSH Nordbank AG, subject to final […]

  • Jiangsu Yangzijiang Books Kamsarmax Trio

    6 March 2014

    Paragon Shipping Inc. has entered into shipbuilding contracts with Jiangsu Yangzijiang Shipbuilding Co for three eco-design Kamsarmax drybulk carriers. The eco-design Kamsarmax newbuildings will have a carrying capacity of 81,800 dwt each. Two of the newbuildings are scheduled to be delivered in the second quarter of 2015 and one is scheduled to be delivered in the fourth […]

  • Unions to stage protest against ‘social dumping’ at Borr Drilling office

    25 July 2018
    Exploration & Production

    The UK offshore workers together with former Paragon Offshore employees represented by Nautilus union are going to protest on Thursday at Borr Drilling’s office on Thursday.

  • Pancontinental Purchases 10 pct of Paragon’s Interest in Namibia Licence EL 0037

    19 July 2012
    Business & Finance, Project & Tenders

      Pancontinental Oil & Gas NL (“Pancontinental”) announces that it has reached agreement with EL 0037 co-venturer Paragon Holdings Limited (“Paragon”) for Pancontinental to purchase 10% of Paragon’s interest in the EL 0037 licence for US$4 million. Pancontinental will now pay Paragon US$2 million and will pay a further US$2 million upon the first of […]

  • Paragon Shipping Announces Sale of a Handymax Vessel and Charter Agreements

    22 July 2010

    Paragon Shipping Inc., a global shipping transportation company specializing in dry cargoes, made yesterday the following announcements: The Company agreed to sell one of its 1995 built dry bulk handymax vessels (the CLEAN SEAS) which will be delivered to her new owners in September 2010. The Company also announced that it has entered into a […]

  • Paragon Offshore rigs get more work in North Sea (Gallery)

    18 February 2015

    Paragon Offshore, a recently established offshore drilling contractor, has secured more work for three of its jack-up drilling rigs. In its fleet status report the company has said that is C20052 rig has secured a contract extension from February 2015 to mid-February 2015 with Dana in Denmark. The day rate has been reduced from $180.000 to […]

  • Bristow helicopters to support TAQA’s North Sea ops

    9 March 2018
    Business & Finance, Exploration & Production

    Helicopter services provider Bristow has secured a contract to support TAQA’s operations in the East Shetland Basin.

  • Greece: Paragon Shipping Inks New Credit Facility, Amends Previous One

    21 May 2013
    Business & Finance

      Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced yesterday that it has signed an agreement for a $69 million credit facility with China Development Bank to partially finance its two 4,800 TEU containerships currently under construction, that are expected to be delivered in the second quarter of 2014. The […]

  • Dutch workers to stage protest as Borr Drilling wants to close Beverwijk office

    21 June 2018
    Equipment

    Workers’ union Nautilus together with Paragon Offshore employees in The Netherlands will on Monday stage a protest hoping to prevent a dismissal of more than 70 workers.

  • Update: Paragon Still Working on Drillship Removal from Corpus Christi Port

    30 August 2017
    Business & Finance

    Despite refloating attempts undertaken on Monday, Paragon Offshore’s grounded drillship continues blocking the Port of Corpus Christi, Texas in the Hurricane Harvey aftermath, keeping the port closed to vessel traffic. “Until that vessel is moved no deep-draft vessels will be moving in the ship channel,” the United States Coast Guard said commenting on the ongoing […]

  • Greece: Paragon Shipping Enters Charter Agreement for Supramax Bulk Carrier

    8 February 2012
    Business & Finance

      Paragon Shipping Inc., yesterday announced that it has entered into a fixed rate time charter agreement for its vessel, the M/V Friendly Seas, with Western Bulk Carriers AS. The M/V Friendly Seas, a 2008 built 58,779 dwt Supramax bulkcarrier, has been fixed to Western Bulk Carriers for a period of 18 to 24 months […]

  • Workers’ union presents ‘ultimatum’ to Borr Drilling

    2 July 2018

    More more than 70 employees might be dismissed, the union says

  • PHOTO: Borr Drilling’s Prospector 5 rig on the move

    9 July 2018
    Exploration & Production

    Borr Drilling’s Prospector 5 jack-up drilling rig seems ready to leave Schiedam, The Netherlands, where it’s been sitting for months.