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2017 May 16   16:00

Dryships announces successful delivery of its second aframax tanker

DryShips Inc. has taken delivery of the previously announced 115,666 deadweight tons Aframax tanker built in 2012 , which will be employed in the spot market. Since the commencement of our acquisition program, in addition to the above, Dryships has successfully taken  delivery of a total of three vessels as follows:

- On May 10, 2017, one  Kamsarmax drybulk vessel built in 2014 of 81,918 deadweight tons.

- On May 2, 2017, one  Newcastlemax drybulk vessel built in 2014 of 205,855 deadweight tons.

- On April 27, 2017, one  Aframax  newbuilding  tanker of 11 3,644  deadweight tons.

About DryShips Inc.

Dryships is a diversified owner of ocean going cargo vessels that operate worldwide. Dryships owns a fleet of 13 Panamax drybulk vessels; 4  Newcastlemax drybulk vessels, 3  of which are expected  to be delivered in the second quarter of 2017; 5  Kamsarmax drybulk vessels,  4  of which are expected to  be delivered in the second quarter of 2017; 1  very large crude c arrier, which is expected to be delivered  in the second quarter of 2017; 2  Aframax tankers ; 1  Suezmax tanker expected to be delivered  in  the  second  quarter of 2017 ; 4 VLGC s which are expected to be delivered in June, September  October and  Dec ember of 2017; and 6  offshore support vessels, comprising  2  platform supply and  4  oil spill recovery vessels. DryShips’ common stock is listed on the NASDAQ Capital Market where it trades under the  symbol “DRYS.”

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