DryShips Inc. Announces Successful Delivery of its First Very Large Gas Carrier
DRYSHIPS (DRYS)
US:NASDAQ Investor Relations:
dryships.irwebpage.com/ir.html
Company Research
Source: Marketwire
ATHENS, GREECE -- (Marketwired) -- 06/28/17 -- DryShips Inc. (NASDAQ: DRYS), or DryShips or the Company, a diversified owner of ocean going cargo vessels, announced today that it has taken delivery of the previously announced high specifications newbuilding Very Large Gas Carrier ("VLGC"). The VLGC will be employed under a time charter on a fixed rate with five years firm duration to an oil major. The charterer has options to extend the firm employment period by up to three years. The Company expects a total gross backlog associated with this time charter of up to $92.7 million including the optional periods. Since the beginning of this year, DryShips has taken delivery of eleven vessels and expects to take delivery of six more by the end of the year. About DryShips Inc. The Company is a diversified owner of ocean going cargo vessels that operate worldwide. The Company owns a fleet of (i) 13 Panamax drybulk vessels; (ii) 4 Newcastlemax drybulk vessels, 3
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