DryShips (DRYS) 1.45 green arrow $0.94 (184.31%) 02:43PM (15 mins delay)


Description

DryShips Inc. (DryShips) is a holding company that, through its subsidiaries, is engaged in the ocean transportation services of drybulk cargoes worldwide through the ownership and operation of the drybulk carrier vessels. As of December 31, 2007, the Company owned and operated a fleet of 38 vessels and eight new buildings consisting of nine Capesize drybulk carriers (including four new building Capesize drybulk carriers), 33 Panamax drybulk carriers (including two new building Panamax drybulk carriers), two new building Kamsarmax drybulk carriers and two Supramax drybulk carriers. Its fleet carries a variety of drybulk commodities, including major bulks, such as coal, iron ore and grains, and minor bulks, such as bauxite, phosphate, fertilizers and steel products. In July 2008, the Company, through its subsidiary, Primelead Limited, acquired the remaining interest in Ocean Rig ASA. In January 2009, the Company disposed off three Capesize newbuildings.

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