Ocean Rig has announced a managerial reshuffle at the same time as relocating its principal offices.

Current president Anthony Kandylidis has been appointed to serve as chief financial officer.

He is also the president of George Economou-controlled DryShips, which has completed its restructuring and broken into the VLGC sector.

Economou’s long standing partner Dimitris Koukoulas has been appointed by Ocean Rig as executive vice-president.

Iraklis