Listed on NYSE, Greek DryShips, which besides dry bulk shipping also runs the drilling company Ocean Rig, has released the company's annual report for 2014, which shows a total loss of USD 47.5 million.
The deficit is due to impairments on one of the company's dry bulk vessels of USD 38.1 million in the fourth quarter, as well as impairments in Ocean Rig. Without taking the impairments into account, the result at DryShips would have been the positive number of USD 23 million.
Get full access for you and your coworkers.Start a free company trial today
Already a member? Log in.