DryShips sells Panamax drybulk carrier

DryShips

DryShips, a diversified owner and operator of ocean going cargo vessels, announced that it has entered into an agreement with an unaffiliated buyer for the sale of one of its 2001-built Panamax drybulk carrier.

The vessel is scheduled for delivery to its buyer no later than the end of this month.

The Company expects to realize a gain on vessels sales compared to the book value of this asset.

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