DryShips says it has entered a deal with companies controlled by its founder George Economou for "zero cost" options to purchase four very large gas carriers that are currently under construction at Hyundai Heavy Industries.
The ships, hulls S881 through S884, are currently under construction at Hyundai's Samho yard, were originally ordered by the Economou-backed TMS Cardiff Gas.
The options give DryShips three months to exercise four separate options to purchase the VLGCs for $83.5m