DryShips Inc is a dry bulk shipping company based in Athens, Greece. It is a Marshall Islands corporation, formed in 2004. On October 11, 2019, it was taken private by CEO and Chairman George Economou.[1][2]
As of February 2019, the company is a diversified owner and operator of ocean going cargo vessels that operate worldwide. As of February 27, 2019, the company operates a fleet of 31 vessels: 6 Panamax drybulk vessels; 8 Newcastlemax drybulk vessels; 5 Kamsarmax drybulk vessels; 1 Very Large Crude Carrier; 3 Aframax tankers; 2 Suezmax tankers; and 6 Offshore Support Vessels, including 2 Platform Supply and 4 Oil Spill Recovery Vessels.
In March 2011, one of the company's Panamax carriers, MS Oliva, was wrecked off Nightingale Island in the Tristan da Cunha group of islands, resulting in an oil spill which damaged local wildlife.[3]
In May 2014, Dryships finalized the buying of a cape-size bulk carrier.[4]