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.


News

New Container Equipment Prices to Fall to Record Lows

Cheaper production and material costs as well as weaker demand has driven the price of new container equipment down to record lows and is forecast to fall  further during 2016,

US Navy Ships Conduct Astern Replenishment-at-sea

“While replenishments-at-sea are routine, astern refueling is unique and requires precise navigation and coordination,” said Lt. Cmdr. Jason Ileto, fleet replenishment scheduler for Commander,

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction 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: 0.0844 sec (12 req/sec)