Second Kamsarmax Joins DryShips’ Fleet

Image Courtesy: Nasdaq

Athens-based dry bulk shipowner DryShips has taken delivery of the previously announced 81,129 dwt Kamsarmax drybulk carrier.

The 2014-built vessel will be employed in the spot market, according to its new owner.

In mid-April, the Greek owner entered into agreements with unaffiliated third parties to buy three Kamsarmax drybulk carriers, all of which were built in 2014.

Under the deals, the 81,918 dwt Kamsarmax and the other two ships, featuring 81,129 dwt each, are expected to join their new owner during the second quarter of 2017.

DryShips earlier said that it would finance the total gross purchase price of USD 68 million using cash on hand, which currently stands at USD 429 million.

Since the beginning of this year, the company has taken delivery of five vessels and expects to take delivery of twelve more by the end of the year.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jan 2018 >>
MTWTFSS
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 4

APM – ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

read more >

Mega Cargo Show 2018

The focus of the event is to bring all connected with cargo fraternity on a single platform…

read more >

Vietship 2018

Vietship is the largest and longest established exhibition in Vietnam featuring all aspect of Shipbuilding, Shipping and Offshore Technology.

Since its first event in 2002, Vietship has become the convergence and platform of advanced technologies regional and worldwide in shipbuilding and ship repair, marine equipment, waterway transportation and services, marine and offshore engineering.

After 16 years of eight consecutive editions, Vietship has affirm itself as an important event in enhancing cooperation and development, attracting investments, exchanging technology and creating ideal opportunities for trade promotion in the international maritime industry.

More info

read more >

LNG Bunkering Summit 2018

The conference will cover the obstacles facing both the shipping and port communities, exploring developments in conversion and new builds…

read more >