rss icon Subscribe
desktop mobile

DryShips Commences 5 Year TC for Second VLGC

File Photo: DryShips Inc

By Aiswarya Lakshmi

DryShips, a diversified owner of ocean going cargo vessels, announced today that, its second Very Large Gas Carrier commenced its time charter on a fixed rate with five years firm duration to an oil major.

The charterer has options to extend the firm employment period by up to three years. The Company expects a total gross backlog associated with this time charter of up to USD 92.7 million including the optional periods.
Five days ago, DryShips announced that it has taken delivery of the previously announced high specifications second newbuilding VLGC.
Since the beginning of this year, DryShips has taken delivery of 15 vessels and expects to take delivery of two more by the end of the year.
The Company is a diversified owner of ocean going cargo vessels that operate worldwide. The Company owns a fleet of (i) 13 Panamax drybulk vessels; (ii) 4 Newcastlemax drybulk vessels; (iii) 5 Kamsarmax drybulk vessels; (iv) 1 Very Large Crude Carrier; (v) 2 Aframax tankers; (vi) 1 Suezmax tanker; (vii) 4 Very Large Gas Carriers, 2 of which are expected to be delivered in October and December of 2017; and (viii) 6 offshore support vessels, comprising 2 platform supply and 4 oil spill recovery vessels.

Sep 12, 2017

 

Contracts

Repeat NYC Ferry Business for Metal Shark

NYC Ferries alongside at Metal Shark's Franklin Yard. CREDIT: Metal Shark

Metal Shark Building Four 350-Passenger Vessels and an Additional 150-Passenger Vessel for NYC

Fincantieri to Build a Cruise Ship for Cunard

Image: Cunard

Fincantieri and Carnival Corporation & plc announced today the signing of a memorandum of

Fincantieri Delivers Fourth of Eight Viking Newbuilds

The fourth of eight cruise ships Viking Ocean Cruises has ordered from Fincantieri has been delivered at the shipyard in Ancona.    Viking Sun, as its sister ships

Finance

Repeat NYC Ferry Business for Metal Shark

Metal Shark Building Four 350-Passenger Vessels and an Additional 150-Passenger Vessel for NYC Ferry.   Louisiana-based shipbuilder Metal Shark is once again building multiple

Brookfield Completes Acquisition of Teekay

Image: Teekay Corporation

Teekay Corporation and Teekay Offshore Partners announced that they have completed their

GOGL Sells 6 Vessels

Photo: Golden Ocean Group Ltd

Golden Ocean Group has  announced that it has entered into agreements to sell six Ultramax

Maritime Apps