George Economou’s DryShips has sown the seeds for further growth capital with a $2bn shelf registration today.
Its mixed securities filing was released at a time when Economou has been particularly active in the market.
Following a recapitalisation effort DryShips has liquidity of $455m.
Since strengthen in its balance sheet the owner has moved into the VLGC market with a related party transaction and returned to the tanker market with a couple of sale and purchase deals in quick succession.
