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2015 July 1   09:13

Dryships announces agreements to sell its six aframax tankers

DryShips Inc. , a global provider of marine transportation services for drybulk and petroleum cargoes,  and through its majority owned subsidiary, Ocean Rig UDW Inc., of off - shore contract drilling oil  services, announced that further to its previous press release dated March 31, 2015, entities  controlled by the Company’s Chairman and Chief Executive Officer, George Economou, have  exercised their unconditional acceptance to acquire the Company’s six Aframax tankers, Belmar,  Calida, Alicante, Mareta, Saga and Daytona, the company said in its press release.

About DryShips Inc.

DryShips Inc. is an owner of drybulk carriers and tankers that operate worldwide. Through its  majority owned subsidiary, Ocean Rig UDW Inc., DryShips owns and operates 13 offshore ultra  deepwater drilling units, comprising of 2 ultra deepwater semisubmersible drilling rigs and 11 ultra  deepwater drillships, 1 of which is scheduled to be delivered to Ocean Rig during 2016, 1 of which  is scheduled to be delivered during 2018 and 1 of which is scheduled to be delivered during 2019. DryShips owns a fleet of 39 drybulk carriers, comprising 13 Capesize, 24 Panamax and 2 Supramax with a combined deadweight tonnage of approximately 4.3 million tons, and 10 tankers, comprising  4 Suezmax and 6 Aframax, with a combined deadweight tonnage of over 1.3 million tons.

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