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Stock impact report

DryShips Inc. Announces Vessel Sale

DRYSHIPS (DRYS) 
US:NASDAQ Investor Relations: dryships.irwebpage.com/ir.html
Company Research Source: GlobeNewswire
ATHENS, Greece, Aug. 15, 2018 (GLOBE NEWSWIRE) -- DryShips Inc. (NASDAQ:DRYS) (“DryShips” or the “Company”), a diversified owner and operator of ocean going cargo vessels, today announced that it has entered into an agreement with an unaffiliated buyer for the sale of one of its 2001-built Panamax drybulk carrier. The vessel is scheduled for delivery to its buyer no later than the end of this month. The Company expects to realize a gain on vessels sales compared to the book value of this asset. About DryShips Inc. The Company is a diversified owner and operator of ocean going cargo vessels that operate worldwide. As of August 15, 2018, and not giving effect to any pending vessel transactions, the Company operates a fleet of 33 vessels comprising of (i) 8 Panamax drybulk vessels; (ii) 5 Newcastlemax drybulk vessels; (iii) 5 Kamsarmax drybulk vessels; (iv) 1 Very Large Crude Carrier; (v) 2 Aframax tankers; (vi) 2 Suezmax tanker; (vii) 4 Very Large Gas Carriers; and (viii) 6 Offshor Show less Read more
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