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SPII Holdings to acquire DryShips

DryShips Inc. has entered into an Agreement and Plan of Merger with SPII Holdings Inc., through which SPII will acquire the outstanding shares of the company that it does not already own.

 
 

Golden Ocean Group reports “weak” second quarter results

Golden Ocean Group has published its results for the quarter ended 30 June 2019, with a key highlight being a net loss of US$33.1 million, a dramatic increase on the loss of US$7.5 million reported in the first quarter of this year.