Iridium Can Be the Backbone of Digital Ships

Iridium Communications

Iridium reveals more on the GMDSS terminal and plans in the maritime sector.

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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DryShips Closes Private Placement, Plans Rights Offering

Greek shipowner DryShips, which has been entangled into legal action recently over share sale schemes, said that it ...

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DryShips Ends Stock Purchase Deal with Kalani

Greek shipowner DryShips has terminated the disputed common stock purchase agreement, dated April 3, 2017, with the ...

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DryShips: Court Rejects Preliminary Injunction Motion

The High Court of the Marshall Islands has denied a motion for a preliminary injunction filed by plaintiff Michael ...

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Embattled DryShips Presses On with Reverse Stock Split

Nasdaq-listed shipowner DryShips said on Tuesday its Board of Directors signed off a 1-for-7 reverse stock split of ...

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DryShips: Class Action Lawsuit without Merit

Responding to the recent class action lawsuit filed in the US District Court, Greek shipowner DryShips said the ...

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