Dryships switches stock exchange in move to buy time

Greek bulk carrier Dryships is switching stock exchange in a strategic move aimed at warding off a looming delisting. The carrier now has six months to improve its share price.

BY NIKLAS KRIGSLUND

Struggling carrier Dryships is now transferring to another exchange in an attempt to survive as a listed company.

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DryShips in deficit after giant impairment
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Bulk carrier warned of potential forced delisting
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Impairments pull DryShips into new deficit
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