DryShips Inc., a diversified owner of ocean going cargo vessels, has taken delivery of the previously announced high specifications second newbuilding Very Large Gas Carrier (“VLGC”), the company said in its press release. The VLGC will be employed under a time charter on a fixed rate with five years firm duration to an oil major. The charterer has options to extend the firm employment period by up to three years.
Dryships expects a total gross backlog associated with this time charter of up to $92.7 million including the o p tional periods. Since the beginning of this year, DryShips has taken delivery of 15 vessels and expects to take delivery of two more by the end of the year.
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 Newcas tlemax drybulk vessels; 5 Kamsarmax dry bulk vessels; 1 Very Large Crude Carrier; 2 Aframax tankers ; 1 Suezmax tanker ; 4 Very Large Gas Carriers, 2 of which are expected to be delivered in October and December of 2017; and 6 offshore support vessels, comprising 2 platform supply and 4 oil spill recovery vessels.