The company will finance the total gross purchase price of approximately $24m and expects to take delivery of this vessel during the second quarter of 2017.
The announcement comes as Dryships has also taken delivery from of the previously announced 113,644 dwt aframax newbuilding tanker.
George Economou, chairman and ceo, said: “We are very excited to have started taking delivery of our previously announced acquisitions and also continue to grow our fleet with a new acquisition of one more modern vessel.
“The DryShips new era has official started and is expected to be accretive to our earnings and cash flows.”
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