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01 October 2020 The on-line newspaper devoted to the world of transports 18:32 GMT+2

August 19, 2019

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DryShips, ok to the fusion with it SPIES ON Holdings di George Economou

The operation will be put into effect in the last trimester of this year

DryShips, the company constituted in 2004 by George Economou with the objective to make of the first equipped shipowning society of a fleet of rinfusiere quoted in Stock exchange in the United States (Nasdaq), will be acquired entirely from SPIES ON Holdings, society controlled from the same Economou, than currently he is president and managing director of the DryShips. DryShips in fact has announced today to have signed an agreement with SPIES ON it based on which this last one will not still acquire all the outstanding stocks of the DryShips in its possession for a fee of 5,25 dollars for each action. Al the 31 last March actions of the DryShips in possession of SPIES was pairs to 83.35% of the capital. According to the forecasts, the fusion will be capacity to term in the course of the last trimester of this year.

Currently DryShips has a fleet constituted from 32 ships, with nine unit Newcastlemax, five Kamsarmax and six Panamax in the segment of rinfusiere and with a VLCC, two Suezmax and three Aframax in the segment of the tankers to which six ships for the offshore field join.

PSA Genova Pra' Autorità di Sistema Portuale Mar Ligure Orientale

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