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Paragon Shipping Inc.  (PRGN)
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    Sector  Transportation    Industry Marine Transportation

Paragon Shipping's Customers Performance


PRGN's Source of Revenues
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Customers of Paragon Shipping Inc. saw their costs of revenue fall by -36.63 % in Q4 compare to a year ago, sequentially costs of revenue were trimmed by -1.1 %, for the same period Paragon Shipping Inc. revnue deteriorated by -38.28 % year on year,

List of PRGN Customers

Customers recorded net loss in Q4 Customers recorded net loss

Paragon Shipping's Customers, Q4 2015 Revenue Growth By Industry
Customers in Forestry & Wood Products Industry    
Customers in Iron & Steel Industry -36.84 %   
Customers in Metal Mining Industry -91.53 %   
Customers in Coal Mining Industry -20.81 %   
Customers in Electric Utilities Industry      48.75 %
• Customers Valuation • Segment Rev. Growth • Segment Inc. Growth • Customers Mgmt. Effect.

Paragon Shipping's Comment on Sales, Marketing and Customers

Demand for vessel capacity has historically exhibited seasonal variations and, as a result, fluctuations in charter rates. This seasonality may result in quarter-to-quarter volatility in our operating results for vessels trading in the spot market. The drybulk carrier market is typically stronger in the fall and winter months in anticipation of increased consumption of coal and other raw materials in the northern hemisphere during the winter months. In addition, unpredictable weather patterns in these months tend to disrupt vessel scheduling and supplies of certain commodities.
To the extent that we must enter into a new charter or renew an existing charter for a vessel in our fleet during a time when seasonal variations have reduced prevailing charter rates, our operating results may be adversely affected.

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