-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 OeXugcc8+1p21eBDMNRe+Q4TeQssDb6uOMxr7FiTozGuUszl6CJJ+lthH7DL76xF
 Ko9BoMpO5iLOOXtKvCV9zw==

<SEC-DOCUMENT>9999999995-08-002616.txt : 20080822
<SEC-HEADER>9999999995-08-002616.hdr.sgml : 20080822
<ACCEPTANCE-DATETIME>20080822001522
ACCESSION NUMBER:		9999999995-08-002616
CONFORMED SUBMISSION TYPE:	EFFECT
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20080821
DATE AS OF CHANGE:		20080822
EFFECTIVENESS DATE:		20080821

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FAIRPLAY MARITIME LTD.
		CENTRAL INDEX KEY:			0001438664
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-152979-09
		FILM NUMBER:		081033238

	BUSINESS ADDRESS:	
		STREET 1:		15 KARAMANLI AVE.
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-8914-600

	MAIL ADDRESS:	
		STREET 1:		15 KARAMANLI AVE.
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Paragon Shipping Inc.
		CENTRAL INDEX KEY:			0001401112
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-152979
		FILM NUMBER:		081033241

	BUSINESS ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		011-30-210-891-4600

	MAIL ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			READING NAVIGATION CO.
		CENTRAL INDEX KEY:			0001439148
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-152979-03
		FILM NUMBER:		081033244

	BUSINESS ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-8914-600

	MAIL ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TRADE FORCE SHIPPING S.A.
		CENTRAL INDEX KEY:			0001439147
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-152979-05
		FILM NUMBER:		081033246

	BUSINESS ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-8914-600

	MAIL ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FRONTLINE MARINE CO.
		CENTRAL INDEX KEY:			0001439146
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-152979-08
		FILM NUMBER:		081033249

	BUSINESS ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-8914-600

	MAIL ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CAMELIA NAVIGATION S.A.
		CENTRAL INDEX KEY:			0001438662
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-152979-13
		FILM NUMBER:		081033251

	BUSINESS ADDRESS:	
		STREET 1:		15 KARAMANLI AVE.
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-8914-600

	MAIL ADDRESS:	
		STREET 1:		15 KARAMANLI AVE.
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PALOMA MARINE S.A.
		CENTRAL INDEX KEY:			0001438862
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-152979-02
		FILM NUMBER:		081033243

	BUSINESS ADDRESS:	
		STREET 1:		15 KARAMANLI AVE.
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-8914-600

	MAIL ADDRESS:	
		STREET 1:		15 KARAMANLI AVE.
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PROTEA INTERNATIONAL INC.
		CENTRAL INDEX KEY:			0001438860
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-152979-04
		FILM NUMBER:		081033245

	BUSINESS ADDRESS:	
		STREET 1:		15 KARAMANLI AVE.
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-8914-600

	MAIL ADDRESS:	
		STREET 1:		15 KARAMANLI AVE.
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IMPERATOR I MARITIME CO.
		CENTRAL INDEX KEY:			0001439150
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-152979-07
		FILM NUMBER:		081033248

	BUSINESS ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-8914-600

	MAIL ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OPERA NAVIGATION CO.
		CENTRAL INDEX KEY:			0001439149
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-152979-06
		FILM NUMBER:		081033247

	BUSINESS ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-8914-600

	MAIL ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EPIC INVESTMENTS INC.
		CENTRAL INDEX KEY:			0001442481
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-152979-01
		FILM NUMBER:		081033242

	BUSINESS ADDRESS:	
		STREET 1:		15 KARAMANLI AVE.
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-8914-600

	MAIL ADDRESS:	
		STREET 1:		15 KARAMANLI AVE.
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DONNA MARINE CO.
		CENTRAL INDEX KEY:			0001439151
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-152979-11
		FILM NUMBER:		081033240

	BUSINESS ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-8914-600

	MAIL ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EXPLORER SHIPHOLDING LTD
		CENTRAL INDEX KEY:			0001438663
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-152979-10
		FILM NUMBER:		081033239

	BUSINESS ADDRESS:	
		STREET 1:		15 KARAMANLI AVE.
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-8914-600

	MAIL ADDRESS:	
		STREET 1:		15 KARAMANLI AVE.
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CANYON I NAVIGATION CORP.
		CENTRAL INDEX KEY:			0001439152
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-152979-12
		FILM NUMBER:		081033250

	BUSINESS ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-8914-600

	MAIL ADDRESS:	
		STREET 1:		15 KARAMANLI AVE
		STREET 2:		GR 166 73
		CITY:			VOULA
		STATE:			J3
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>EFFECT
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0101</schemaVersion>

    <submissionType>EFFECT</submissionType>

    <act>33</act>

    <testOrLive>LIVE</testOrLive>

    <effectiveData>
        <finalEffectivenessDispDate>2008-08-21</finalEffectivenessDispDate>
        <finalEffectivenessDispTime>15:00:00</finalEffectivenessDispTime>
        <form>F-3</form>
        <filer>
            <cik>0001401112</cik>
            <entityName>Paragon Shipping Inc.</entityName>
            <fileNumber>333-152979</fileNumber>
        </filer>
        <filer>
            <cik>0001438662</cik>
            <entityName>CAMELIA NAVIGATION S.A.</entityName>
            <fileNumber>333-152979-13</fileNumber>
        </filer>
        <filer>
            <cik>0001439152</cik>
            <entityName>CANYON I NAVIGATION CORP.</entityName>
            <fileNumber>333-152979-12</fileNumber>
        </filer>
        <filer>
            <cik>0001439151</cik>
            <entityName>DONNA MARINE CO.</entityName>
            <fileNumber>333-152979-11</fileNumber>
        </filer>
        <filer>
            <cik>0001438663</cik>
            <entityName>EXPLORER SHIPHOLDING LTD</entityName>
            <fileNumber>333-152979-10</fileNumber>
        </filer>
        <filer>
            <cik>0001438664</cik>
            <entityName>FAIRPLAY MARITIME LTD.</entityName>
            <fileNumber>333-152979-09</fileNumber>
        </filer>
        <filer>
            <cik>0001439146</cik>
            <entityName>FRONTLINE MARINE CO.</entityName>
            <fileNumber>333-152979-08</fileNumber>
        </filer>
        <filer>
            <cik>0001439150</cik>
            <entityName>IMPERATOR I MARITIME CO.</entityName>
            <fileNumber>333-152979-07</fileNumber>
        </filer>
        <filer>
            <cik>0001439149</cik>
            <entityName>OPERA NAVIGATION CO.</entityName>
            <fileNumber>333-152979-06</fileNumber>
        </filer>
        <filer>
            <cik>0001439147</cik>
            <entityName>TRADE FORCE SHIPPING S.A.</entityName>
            <fileNumber>333-152979-05</fileNumber>
        </filer>
        <filer>
            <cik>0001438860</cik>
            <entityName>PROTEA INTERNATIONAL INC.</entityName>
            <fileNumber>333-152979-04</fileNumber>
        </filer>
        <filer>
            <cik>0001439148</cik>
            <entityName>READING NAVIGATION CO.</entityName>
            <fileNumber>333-152979-03</fileNumber>
        </filer>
        <filer>
            <cik>0001438862</cik>
            <entityName>PALOMA MARINE S.A.</entityName>
            <fileNumber>333-152979-02</fileNumber>
        </filer>
        <filer>
            <cik>0001442481</cik>
            <entityName>EPIC INVESTMENTS INC.</entityName>
            <fileNumber>333-152979-01</fileNumber>
        </filer>
    </effectiveData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----