Paragon Shipping of Greece has agreed with Jiangsu Yangzijiang Shipbuilding to extend the delivery dates of three bulker newbuildings.
The Michael Bodouroglou-led company said the kamsarmaxes will now be delivered in September, October and November respectively.
In a previous announcement, Paragon said the extension of delivery would come at no cost to the company.
Paragon sold all of its six operational vessels in order to satisfy banks last month.
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