Tag Archive for ‘DRYS’

DryShips Inc. (DRYS) is a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services.  Through its majority owned subsidiary, Ocean Rig UDW Inc., DRYS owns and operates nine offshore ultra deepwater drilling units, comprising of two ultra deepwater semisubmersible drilling rigs and seven ultra deepwater drillships, four of which remain to be - Continue Reading »

DryShips Inc. (DRYS) is a Greece-based global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services. Through its majority owned subsidiary, Ocean Rig UDW Inc., the Company owns and operates nine offshore ultra deepwater drilling units, comprising of two ultra deepwater semisubmersible drilling rigs and seven ultra deepwater drillships, five of which remain - Continue Reading »

DryShips Inc. (DRYS) engages in the ocean transportation services of drybulk cargoes worldwide through the ownership and operation of the drybulk carrier vessels and deepwater drilling rig services through the ownership of ultra-deep water drilling rigs. As of January 4, 2011, the Company owns a fleet of 39 drybulk carriers (including newbuildings), comprising seven Capesize, 30 Panamax and two Supramax, - Continue Reading »

DryShips Inc. (DRYS) is a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services. As of January 4, 2011, the Company owns a fleet of 39 drybulk carriers (including newbuildings), comprising 7 Capesize, 30 Panamax and 2 Supramax, with a combined deadweight tonnage of over 3.5 million tons and 6 offshore ultra deepwater drilling - Continue Reading »

DryShips Inc. (NASDAQ: DRYS) stock price is up 35% since the beginning of November sustained by the announcement of the second drilling contract awarded to DRYS in less than two months. Moreover, the spike in the company’s stock price was sustained by stronger than expected earnings for Q3 2010 and positive guidance issued by several key shipping players in the - Continue Reading »

DryShips Inc. (DRYS), through its subsidiaries, engages in the ownership and operation of drybulk carriers and drilling rigs that operate worldwide. Its drybulk fleet principally carries various drybulk commodities, including bulk items comprising coal, iron ore, and grains; and minor bulk items, such as bauxite, phosphate, fertilizers, and steel products. As of April 6, 2010, the Company owned and operated - Continue Reading »

DryShips Inc. (DRYS) owns, through its subsidiaries, a fleet of 40 drybulk carriers comprised of seven Capesize, 29 Panamax, two Supramax and two newbuilding drybulk vessels, as well as two ultra-deep-water semi-submersible drilling rigs and two ultra-deep-water newbuilding drillships. The Company’s drybulk fleet carries a variety of drybulk commodities including coal, iron ore, and grains, bauxite, phosphate, fertilizers and steel - Continue Reading »

Dryships (DRYS) has gobbled all of the headlines in the bulk shipping category….It has been both adored and reviled by traders for all of 2009.  It’s volatility has made (and lost) lots of money for traders this year alone.  One of the companies that is in DRYS’s niche has flown below the radar all year, but I think is worth - Continue Reading »