Drillships boost DryShips results

Drybulk shipping and contract drilling company DryShips reported quarterly earnings that comfortably beat Wall Street expectations, helped by increased spot charter rates for its ships and higher revenues from its drilling rigs.

Deep-water driller demand: DryShips' earnings driven by drilling segment.
Deep-water driller demand: DryShips' earnings driven by drilling segment.
Published 27 October 2009, 18:26Updated 9 July 2012, 12:46
Europe