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2017 November 7   10:09

DryShips announces commencement of its third very large gas carrier 10 year time charter with an oil major trading company

DryShips Inc.,  a diversified owner of ocean going cargo vessels, announced that on November 5, 2017,  its  third  Very  Large Gas Carrier commenced its time charter on a fixed rate with  ten years firm duration to an oil major trading company.

DryShips expects a total gross backlog associated with this time charter of up to $ 103.8 million.

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; 5  Kamsarmax dr y- bulk vessels; 1 Very Large Crude Carrier; 2  Aframax tankers ; 1 Suezmax tanker ; 4 Very Large Gas Carriers, 1 of which  is expected to be delivered in January 2018; and 6 offshore support vessels, comprising  2  platform supply and 4 oil spill recovery vessels. 

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