DryShips FAQ
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1. Why does Yahoo show DryShips only has two employees? A. DryShips outsources its fleet management to Cardiff Marine Inc., one of the worlds largest shipping companies. |
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2. What is the BDI? A. 'A shipping and trade index created by the London-based Baltic Exchange that measures changes in the cost to transport raw materials such as metals, grains and fossil fuels by sea. The Baltic Exchange directly contacts shipping brokers to assess price levels for a given route, product to transport and time to delivery (speed)'. source |
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3. Where can I get the current BDI value? A. The BDI is updated daily on the DryShips website. |
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4. Are shares of DRYS going to split? A. The drybulk shipping company said its board decided "it is in the best interests of the company and its shareholders to defer the proposed stock split until a more favorable time in order to preserve shareholder value. (January 16 2008) source |
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5. What is the carrying capacity of the global fleet? A. The carrying capacity of the global fleet of commodity ships has climbed by 6.2 percent to 354 million deadweight tons since November of last year, according to data compiled by Lloyd's Register-Fairplay. source |
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6. What is the carrying capacity of DRYS? A. As of 1/9/2008 DRYS owns a fleet of 46 drybulk carriers comprising 5 Capesize, 30 Panamax, 2 Supramax, 1 Handymax, and 8 newbuilding drybulk vessels, with a combined deadweight tonnage of over 4 million tons. source |
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