DryShips

Oppenheimer has published a research report on DryShips, Inc. (NASDAQ: DRYS) after the company announced its purchasing of Suezmax and Aframax newbuilds. In the report, Oppenheimer writes "DryShips announced the purchase of six Suezmax and six Aframax newbuilds for$770M. We also updated our NAV and...

Jefferies & Company has published a research report on DryShips, Inc. (NASDAQ: DRYS) after the company announced that it would be entering into the tanker market. In the report, Jefferies writes "Late last week, DryShips announced that it was entering the crude tanker shipping market by...

DryShips, Inc. (NASDAQ: DRYS) shares are currently trading at $6.01/share, up $0.33 (5.41%) from yesterday's close.

Oppenheimer published its Shipping Update today, and notes reported earnings from Dryships (NASDAQ: DRYS), Euroseas (NASDAQ: ESEA), and Diana Shipping (NYSE: DSX). DRYS reported adjusted 3Q EPS of $0.38, above consensus of $0.25 and Oppenheimer's estimate of $0.24, primarily due to lower vessel...

Dahlman Rose has published its research report on Dryships (NASDAQ: DRYS) following better than expected 3Q results. Dryships reported 3Q10 EPS of $0.38, which was higher than Dahlman Rose's estimate of $0.28 and the Street's $0.25. Lower drilling expenses and interest costs helped account for the...

Dahlman Rose has issued its Martime Report that benchmark 4Q2010 iron ore prices will be finalized this week, with average spot prices just under $137/ton, which is an $18/ton discount to Chinese spot levels, leaving the dry bulk market well positioned for the coming months, Dahlman reports. Here...

Tanker, Dry Bulk, and Container markets have lifted off of weak levels and have posted seasonal upturns as summer comes to a close, according to Dahlman Rose, which forecasts a solid run into the end of 2010. Current Tanker/Dry Bulk/Container risks consist of the fact that growth depends on...