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You are here: Home Archive 2009 November Weekly Edition 26th November 2009 DryShips buys query

DryShips buys query

by Jim Wilson last modified Nov 27, 2009 09:57 AM

DRYSHIPS said on Friday that an agreement unveiled a few days earlier to buy two modern bulk carriers remained unaffected, in spite of market rumours suggesting that the duo may not be heading to the cash-rich Athens-based dry bulk and offshore drilling company after all.

But the acquisitions remained subject to approval by the company’s board of directors, an executive underlined. Earlier in the week the Nasdaq-listed company disclosed it had agreed to buy two 76,635 dwt bulkers for US$76m.

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