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DryShips Inc. Announces Agreement to Acquire Two Vessels
May 29, 2018 - GlobeNewswire
Mergers and Acquisitions

ATHENS, Greece, May 29, 2018 (GLOBE NEWSWIRE) -- DryShips Inc. (NASDAQ:DRYS) ("DryShips" or the "Company"), a diversified owner and operator of ocean going cargo vessels, today announced that it has agreed to acquire one 2013-built Newcastlemax drybulk carrier and one 2017-built Suezmax tanker, each constructed in China.

The vessels will be acquired from entities that may be deemed to be affiliates of Mr. George Economou, the Company's Chairman and Chief Executive Officer, for an aggrega

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