DryShips boosts balance with $475m share offering

Tony Gray - Friday 8 May 2009

GEORGE Economou’s DryShips plans to strengthen its balance with a $475m share offering.

The bulk carrier company has also underlined its determination to persevere with a transaction to acquire two deepwater drillship newbuildings.

DryShip has unveiled a second “at the market” share offering with Merrill Lynch in little more...

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