DryShips

DryShips Inc is a dry bulk shipping company based in Athens, Greece.

In March 2011, one of the company's Panamax carriers, MS Oliva, was wrecked off Nightingale Island in the Tristan da Cunha group of islands, resulting in an oil spill which damaged local wildlife.

[5] The vessel was renamed Raiatea and officially changed hands on 24 April 2014 for a cost of approximately $53 million.

[7] Shortly before DryShips’ final reverse split, Mother Jones journalist Kevin Drum, citing figures from The Wall Street Journal, noted that DryShips investors had lost 99.99% of their investments between early November 2016 and mid-July 2017.

[10] While executing its reverse splits, DryShips also engaged in a stock-sale agreement with Kalani Investments, a company registered in the British Virgin Islands, which had the effect of more than negating the impact of its reverse splits.