Greek owner DryShips has entered into agreement to acquire one 2013-built newcastlemax bulker and one 2017-built suezmax tanker.
The vessels will be acquired from affiliates of the company’s chairman George Economou for a total price of $93.8m, including the associated bank debt of $50.3m.
The company expects the deal to complete in June.
DryShips recently sold off one of its bulkers, the 2001-built panamax Magnari for $9.7m, and another five bulkers to a major Chinese leasing company under a sale and leaseback agreement.
DryShips operates a fleet of 34 vessels comprising of 20 bulkers, four tankers, four gas carriers and six offshore support vessels. In February it announced plans to spin off the gas carriers into a separate company, Gas Ships.
