Friday, June 19, 2009
DryShips Announces It Has Signed Waiver Agreement With DnB NOR for $86 Million of Debt
Friday, 19 June 2009
DryShips Inc., a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced yesterday that it has signed an agreement with DnB NOR on waiver terms for $86 million of our outstanding debt. George Economou , Chairman and Chief Executive Officer, commented: "We are pleased to have signed the agreement with DnB NOR for this facility which covers two of our drybulk vessels. We continue to deliver on the covenant waivers and assess acquisition opportunities to further grow the company."
About DryShips Inc.
DryShips Inc., based in Greece, is an owner and operator of drybulk carriers that operate worldwide. As of the day of this release, DryShips owns a fleet of 41 drybulk carriers comprising 7 Capesize, 28 Panamax, 2 Supramax and 4 newbuilding Drybulk vessels with a combined deadweight tonnage of over 3.6 million tons, 2 ultra deep water semisubmersible drilling rigs and 4 ultra deep water newbuilding drillships.
Source: Dryships Inc.
