Dryships Continues Fleet Renewal and Expansion

Thursday, May 01, 2008

DryShips Inc., a provider of marine transportation services for drybulk cargoes announced that the company has entered into agreements to sell the Panamax vessel MV Waikiki 75,473 dwt built in 1995 for $63m. Delivery to the new owners will take place during the third quarter of 2008. Once the sale is concluded, the company expects to realize a gain of approximately $36.5m.  The company will sell the Panamax vessel MV Solana 75,100 dwt built in 1995 for $63m. Delivery to the new owners will take place during the third quarter of 2008. Once the sale is concluded, the company expects to realize a gain of approximately $28.7m.
An agreement was made to sell the Panamax vessel MV Lacerta 71,862 dwt built in 1994 for $55.5m. Delivery to the new owners will take place during the third quarter of 2008. Once the sale is concluded, the company expects to realize a gain of approximately $44m.
Dryships will acquire a 76,500 dwt Panamax vessel built in 2004 for $86.75m.
The vessel will be delivered to the company, charter free, during the third quarter of 2008.  The company will also acquire a 170,012 dwt Capesize vessel built in 2004 for $158m.  The vessel will be delivered to the company, charter free, during the third quarter of 2008.  Dryships will also acquire a 177,000 dwt Capesize vessel under construction in for $153m to be delivered during the first quarter of 2009.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

GEIMS Maritime Training accorded highest grade from DGS

Great Eastern Institute of Maritime Studies (GEIMS) is now the first approved maritime training Institution in India to achieve the 'outstanding (A1)' grade. The

BP Gulf Spill Trial Set For January

The high-stakes penalty phase of BP's trial over its role in the 2010 U.S. Gulf of Mexico oil spill will start next January, court officials said on Tuesday,

Canada To Keep Keystone XL Issue Alive With White House

Far from giving up on the Keystone XL pipeline to the United States, Finance Minister Joe Oliver said on Tuesday Canadawould keep the issue alive with the Obama

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1005 sec (10 req/sec)