Economou gets go-ahead to take DryShips private

DryShips Inc chairman and ceo George Economou will take his company private following an approved ‘plan of merger’ to acquire all of the company’s outstanding shares currently held by outside investors. Read More

Dryships’ George Economou – The smartest guy in the room

Make no mistake, George Economou - with not one but two degrees from Massachusetts Institute of Technology - is the smartest guy in the room. For going on two decades, non-shipping investors typically of the retail variety, have been on the losing side of one deal after another, when it comes to Dryships or predecessor companies.

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Dryships stays in red in Q1

Dryships Inc. has stayed in the red for the first quarter of 2017 but it managed to significantly narrow its loss compared to the year-ago period, and looks forward to strengthening its bottomline with an expanded fleet.

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