DryShips founder and chairman George Economou has put the Greek owner on the acquisition trail again with a $200m refinancing.

His Sifnos Shareholders company is providing a new senior secured revolving facility for that amount which replaces the majority of its debt.

This will be secured by all of the company's present and future assets except the 76,000-dwt bulker Raraka (built 2012), which will continue to be financed by its existing commercial lender.

Interest