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I-Man

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Re: benfrankledger post# 55385

Friday, 01/12/2018 8:40:37 AM

Friday, January 12, 2018 8:40:37 AM

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DRYSHIPS INC. ANNOUNCES COMMENCEMENT OF ITS FOURTH VERY LARGE GAS CARRIER 10 YEAR TIME CHARTER WITH AN OIL MAJOR TRADING COMPANY

January 11, 2018, Athens, Greece - 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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