Contact Information: Contact: Investor Relations / Media Nicolas Bornozis Capital Link, Inc. (New York) Tel. 212-661-7566 dryships@capitallink.com
DryShips Inc. to Participate in CEO Roundtable to Discuss Developments of the Dry Bulk Shipping Sector
| Source: DryShips Inc.
ATHENS, GREECE--(Marketwire - November 21, 2007) - DryShips Inc. (NASDAQ : DRYS ) announced today
that George Economou, the company's Chairman, President and CEO, will
participate in a panel discussion on Monday, November 26, 2007 at 11:00 am
EST to discuss sector trends, fundamentals and outlook of the dry bulk
sector.
The panel discussion is accessible through a live webcast at
www.capitallinkshipping.com, as well as through DryShips' corporate website
at www.dryships.com in the Investor Relations section where it will remain
archived. Participants to the live webcast should register on the website
approximately ten minutes prior to the start of the webcast. Please go to
www.CapitallinkShipping.com to register and access the event.
The Dry Bulk Panel discussion is organized by Capital Link, a New
York-based Investor Relations and Financial Communications firm with
strategic focus on shipping. It will be moderated by Natasha Boyden, Senior
Vice President, Equity Research at Cantor Fitzgerald.
A transcript of the panel discussion will be publicly available within
approximately 48 hours after the event. Those interested can request a copy
of it through www.CapitalLinkShipping.com.
About DryShips Inc.
DryShips Inc. is an international provider of marine transportation
services for drybulk commodities. Headquartered in Athens, Greece, DryShips
currently owns and operates a fleet of 44 drybulk carriers comprising 5
Capesize, 29 Panamax, 2 Handymax and 8 newbuilding Panamax vessels, with a
combined deadweight tonnage of approximately 4 million.
DryShips Inc.'s common stock is listed on NASDAQ Global Market where it
trades under the symbol "DRYS."
Forward-Looking Statement
Matters discussed in this release may constitute forward-looking
statements. Forward-looking statements reflect our current views with
respect to future events and financial performance and may include
statements concerning plans, objectives, goals, strategies, future events
or performance, and underlying assumptions and other statements, which are
other than statements of historical facts.
The forward-looking statements in this release are based upon various
assumptions, many of which are based, in turn, upon further assumptions,
including without limitation, management's examination of historical
operating trends, data contained in our records and other data available
from third parties. Although DryShips Inc. believes that these assumptions
were reasonable when made, because these assumptions are inherently subject
to significant uncertainties and contingencies which are difficult or
impossible to predict and are beyond our control, DryShips Inc. cannot
assure you that it will achieve or accomplish these expectations, beliefs
or projections.
Important factors that, in our view, could cause actual results to differ
materially from those discussed in the forward-looking statements include
the strength of world economies and currencies, general market conditions,
including changes in charterhire rates and vessel values, changes in demand
that may affect attitudes of time charterers to scheduled and unscheduled
drydocking, changes in DryShips Inc.'s operating expenses, including bunker
prices, dry-docking and insurance costs, or actions taken by regulatory
authorities, potential liability from pending or future litigation,
domestic and international political conditions, potential disruption of
shipping routes due to accidents and political events or acts by
terrorists.
Risks and uncertainties are further described in reports filed by DryShips
Inc. with the US Securities and Exchange Commission.
Visit our website at www.dryships.com
E-mail: management@dryships.com