Paragon Shipping Inc. (NYSE:PRGN) reported that it has entered into fixed rate time charter agreements for two of its vessels, the M/V Diamond Seas and the M/V Sapphire Seas.
The M/V Diamond Seas, a 2001 built 74,274 dwt Panamax bulkcarrier, has been fixed to HYundai Glovis Co. Ltd for a period of 3 to 6 months at a gross daily rate of $9,150. The M/V Sapphire Seas, a 2005 built 53,702 dwt Supramax bulkcarrier, has been fixed to EFE DENIZCILIK SANAYI TICARET LIMITED SIRKETI for a period of 4 to 6 months at a gross daily rate of $14,500.
As a result, the Company's fixed revenue days now stand at 97% in 2012, at 69% in 2013 and at 35% in 2014 based on latest redelivery dates. The new time charter contracts are anticipated to contribute a minimum of about $2.6 million of gross revenues to the Company.
Crown Equity Holdings Inc., (CRWE) offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them.
CRWEs advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.
CRWE recenly launched CRWE Tube, www.crwetube.com, a video sharing site that allows billions of people around the world to upload, watch and share original videos.
Not all people like to read content online. Many are attracted by learning visually. This is why video marketing is so powerful.
More about CRWE at www.crownequityholdings.com.
CIT Group Inc. (NYSE:CIT), a leading provider of financing to small businesses and middle market companies, reported that it will issue its financial results for the quarter ending June 30, 2012, before the market opens on Monday, July 30, 2012 and will hold a conference call and audio webcast to discuss the results at 8:00 AM EDT.
Bemis Company, Inc. (NYSE:BMS) reported that it has signed a joint development agreement with Thin Film Electronics ASA to develop a Bemis Intelligent Packaging Platform.
The agreement will accelerate the commercial development of functional sensor labels manufactured from new and emerging printed electronic technology made from Thin Films proprietary read/writable printed memory and program logic. When used with Bemis packaging, the line of intelligent labels will monitor and record key physical properties and environmental data in packaged perishable products.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PennyOmega.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold PennyOmega.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://pennyomega.com/disclaimer). Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a media-advertisement and newswire company. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.