Dryships Hands Over the Last of Five Panamaxes

Image Courtesy: Nasdaq

Greek owner and operator of dry bulk carriers and offshore support vessels DryShips has delivered the Panamax bulk carrier M/V Sorren to an unnamed buyer, completing the sale of five ships.

The 76,600 dwt vessel, which has been renamed to Despina D, was sold for USD 6.7 million.

Featuring a length of 225 meters and a width of 32.3 meters, the bulker was built by Japanese shipbuilder Imabari in 2004.

On October 31, DryShips said it sold five of its Panamax vessels for an aggregate gross price of USD 29.4 million.

Two Panamax vessels, Amafi and Samatan, along with their associated bank debt, were sold to entities controlled by the company’s Chairman and CEO, George Economou.

The remaining three Panamax vessels from the batch, Ocean Crystal, Sonoma and Sorrento, were sold to unaffiliated buyers.

DryShips owns a fleet of 13 Panamax drybulk carriers with a combined deadweight tonnage of approximately 1.0 million tons, and 6 offshore supply vessels.

Share this article

Follow World Maritime News

Posted on November 24, 2016 with tags .

In Depth>

Events>

<< May 2018 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Posidonia 2018

Posidonia, the international shipping exhibition, has long been established as one of the major calendar events…

read more >

Europort 2018

From 15-17 May 2018, the 12th edition of Europort Romania willl take place in the IDU Hall in Constanta…

read more >

THE 7TH EDITION OF NAVALIA, INTERNATIONAL SHIPBUILDING EXHIBITION 2018

The event wanted to be from the beginning a reference for the naval sector and to serve as a tool to attract investors and contracts for the industry…

read more >

BlueWeek2018

The BlueWeek2018 will be held on 28-29-30 May in Rotterdam, under the auspices of the Blue Forum…

read more >