Bulk

DryShips in deficit after giant impairment

Listed DryShips performs massive impairment on rig company. The future looks highly uncertain for the company that lost USD 1.4 billion in the second quarter.
Photo: Colourbox
Photo: Colourbox
BY OLE ANDERSEN

The future for Greece's DryShips, listed in New York and whose primary activity is dry bulk shipping, seems highly uncertain after the company late Thursday published a remarkable second quarter net deficit of USD 1.4 billion.

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