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DryShips Disposes of Five Panamax Bulkers
Greek owner of drybulk carriers DryShips Inc. has sold five of its Panamax vessels for an aggregate gross price of USD 29.4 million. Namely, two Panamax vessels Amalfi and Samatan, along with their associated bank debt, were sold to entities controlled by the company’s Chairman and CEO, George Economou. As part of the transaction, the company entered into an agreement to increase its secured revolving facility provided by an entity controlled by George Economou. http://worldmaritimenews.com/archives/205389/dryships-disposes-of-five-panamax-bulkers/
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