Divesting bulk fleet brings big loss for DryShips
Greek carrier DryShips is currently divesting its entire dry bulk fleet in an attempt to salvage what is left, and this costs the company millions of dollars in the third quarter, according to the interim report.
BY KATRINE GRØNVALD RAUN
It is an uphill battle for the collapsed, Greek carrier DryShips which is listed on the NYSE and in which billionaire shipowner George Economou is trying to keep the company afloat with several different tactics. In the third quarter, DryShips suffered a net loss of USD 820 million according to the interim report released Tuesday.
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