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I-Man

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I-Man

Re: None

Thursday, 08/16/2018 6:39:33 AM

Thursday, August 16, 2018 6:39:33 AM

Post# of 58072
SEC 6-K:
DRYSHIPS INC. ANNOUNCES VESSEL SALE


August 15, 2018, Athens, Greece. DryShips Inc. (NASDAQ:DRYS) ("DryShips" or the "Company"), a diversified owner and operator of ocean going cargo vessels, today announced that it has entered into an agreement with an unaffiliated buyer for the sale of one of its 2001-built Panamax drybulk carrier. The vessel is scheduled for delivery to its buyer no later than the end of this month.

The Company expects to realize a gain on vessels sales compared to the book value of this asset.
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