DryShips Inc. Announces Fleet Update
DRYSHIPS (DRYS)
US:NASDAQ Investor Relations:
dryships.irwebpage.com/ir.html
Company Research
Source: GlobeNewswire
ATHENS, Greece, July 10, 2018 (GLOBE NEWSWIRE) -- DryShips Inc. (NASDAQ:DRYS) (“DryShips” or the “Company”), a diversified owner and operator of ocean going cargo vessels, today announced the following: The entry into agreements with unaffiliated buyers for the sale of its two oldest 2000-built Panamax drybulk carriers. The vessels are scheduled for delivery to their buyers during the third quarter of 2018.The entry into agreements with unaffiliated buyers for the sale of its four Very Large Gas Carriers (“VLGCs”), including the existing time charter contracts for each VLGC. The sale remains subject to charterers’ consent, which is not to be unreasonably withheld. The VLGCs are scheduled for delivery to their buyers during the third quarter of 2018.The entry into an index linked time charter for the Company’s recently acquired Newcastlemax bulk carrier with an entity that may be deemed to be beneficially owned by Mr. George Economou, the Company’s Chairman and Chief Executive Offic
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