The Traderszone Network

Published in TZ Latest News 5 July, 2017 by The TZ Newswire Staff

Has DryShips’ Growth Just Begun?

DryShips (NASDAQ: DRYS) spent much of last year jettisoning vessels from its fleet to raise cash and shore up its balance sheet. Overall, the company unloaded 10 dry bulk ships and its stake in an offshore drilling company. By doing so, the company put its finances back on solid ground by the end of the year, which positioned it to start rebuilding its fleet with new vessels so it could grow off that new base.

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