DryShips Takes Delivery of Vessel

April 19, 2006

DryShips Inc. has taken delivery of m.v. Hille Oldendorff a 2005 built, 55,566 deadweight ton, or dwt, handymax drybulk carrier which it acquired recently. m.v. "Hille Oldendorff" comes with a bareboat charter at $19,745 per day, net of commissions, until March 2007.

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