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Thursday, 01/11/2018 10:18:13 AM

Thursday, January 11, 2018 10:18:13 AM

Post# of 58072
ATHENS, Greece, Jan. 11, 2018 (GLOBE NEWSWIRE) -- DryShips Inc. (NASDAQ:DRYS), or ("DryShips" or the "Company"), a diversified owner of ocean going cargo vessels, announced today that its fourth Very Large Gas Carrier commenced its fixed rate time charter with ten years firm duration to an oil major trading company.

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

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