DryShips Inc. Services | Shipping | Greece DryShips Inc. owns and operates ocean going cargo vessels worldwide. It operates through two segments, Drybulk and Offshore Support. The Drybulk segment offers drybulk commodities transportation services for the steel, electric utility, construction, and agri-food industries. The Offshore Support segment provides its services to the global offshore energy industry. As of July 6, 2017, the company owned a fleet of 13 Panamax drybulk vessels; 3 Newcastlemax drybulk vessels; 5 Kamsarmax drybulk vessels; 1 very large crude carrier; 2 Aframax tankers; 1 Suezmax tanker; 1 very large gas carrier; and 6 offshore support vessels, comprising 2 platform supply and 4 oil spill recovery vessels. DryShips Inc. was founded in 2004 and is based in Athens, Greece.
Probably one of the most hated shipping stocks on the market, at least by investors that have went through all the reverse splits. Traded it some in the past, mostly short positions.
Looking at yahoo finance with all the reverse splits the high around 2008 was like 1 billion 200 million per share.
DryShips Inc. is a company that owns and operates ocean-going cargo ships all over the world. Drybulk and Offshore Support are the two segments in which it works. For the steel, electric utility, construction, and agri-food sectors, the Drybulk segment provide drybulk commodities transportation services. The Offshore Support segment caters to the offshore energy industry across the world. The company's fleet included 13 Panamax drybulk vessels, 3 Newcastlemax drybulk vessels, 5 Kamsarmax dry bulk vessels, 1 very large crude carrier, 2 Aframax tankers, 1 Suezmax tanker, 1 very large gas carrier, and 6 offshore support vessels, which included 2 platform supply and 4 oil spill recovery vessels as of July 6, 2017. DryShips Inc. is situated in Athens, Greece, and was created in 2004.
