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DryShips Names Advisors for Economou Takeover

Tanker

The advisors and the special committee will evaluate the takeover proposal made by SPII Holdings.

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Economou Proposes to Acquire DryShips

finance

SPII Holdings has offered to buy Greek ship owner and operator DryShips, its subsidiary.

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DryShips Takes Full Ownership of Heidmar

Tanker

DryShips acquired the remaining 50.2% of the pool operator for USD 17 million.

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DryShips to Invest USD 100 Mn in Scrubbers, Ballast Systems

Finance

DryShips reveals future proofing plan to install scrubbers and ballast water systems on its fleet.

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DryShips to Buy Newcastlemax from Economou Entity

Bulker

DryShips is to acquire a Newcastlemax drybulk carrier built in 2017 for USD 50 million.

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DryShips to Purchase Quartet from Economou Entities

Bulker

DryShips is to buy four vessels from entities owned by its Chairman and CEO, George Economou.

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DryShips Agrees to Sell One of Its Panamaxes

Shipping

DryShips reached an agreement to sell one of its 2001-built Panamax drybulk carrier.

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DryShips Profits from Rate Improvements

Shipping

DryShips delivered a profit in the 2Q of 2018, driven by an improvement in TCE rates.

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DryShips Sells VLGC Quartet and Two Panamaxes

Shipping

DryShips has unveiled agreements to sell a number of its ships, including its four very large gas carriers (VLGCs). 

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DryShips Sells Two Panamax Veterans

Bulker

DryShips is steaming ahead with its fleet rejuvenation strategy and shedding of older tonnage. 

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DryShips to Add Two Economou Vessels to Its Fleet

Bulker

DryShips has reached an agreement to purchase two vessels at an aggregate price of USD 93.8 million.

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DryShips Pens Sale and Leaseback Deal for Six Bulkers

Bulker

Greek shipowner DryShips signed sale and leaseback agreements for six bulkers with Chinese lenders.

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DryShips Cuts Loss, Sees Rise in Revenues

DryShips cut its net loss and delivered a rise in revenues for the year ended December 31, 2017.

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DryShips to Spin Off Its Gas Carrier Business

Greece-based owner DryShips Inc. is looking to spin off of its gas carrier business, Gas Ships Limited.

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DryShips Adds Fourth VLGC to Its Fleet

DryShips has taken delivery of its fourth very large gas carrier (VLGC) newbuilding.

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DryShips Inks New Loans, Disposes of Panamax Bulker

DryShips has received commitments for credit facilities of up to an aggregate of USD 125 million.

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DryShips Widens Loss

Greek ship owner DryShips has plunged further into the red as its net and operating losses increased during the ...

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Third VLGC Joins DryShips' Fleet

Greek drybulk shipping firm DryShips has expanded its fleet with a third newbuilding very large gas carrier (VLGC). ...

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DryShips Collects USD 100 Mn from Rights Sale

Greek shipowner DryShips has raised USD 100 million of gross proceeds from its rights offering of shares, the ...

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DryShips Employs 2nd VLGC Newbuilding

The second newbuilding very large gas carrier (VLGC) has joined DryShips’ fleet, the Greek shipowner said. ...

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DryShips Subpoenaed by SEC

Nasdaq-listed shipowner DryShips has received a subpoena from the Securities and Exchange Commission (SEC) ...

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