this total coming from sales to Kalani between April and July 2017. DryShips used these funds to purchase additional ships for its fleet, increasing the number of operating ships to roughly 36. A series of deals made between DryShips and Kalani between November 11, 2016 and mid-July 2017 allowed Kalani to purchase securities convertible into an estimated $726 million of DryShips common shares. In early 2017 the company refinanced its debt and announced an expansion into the gas carrier market with the purchase of a very large gas carrier. References https://www.sec.gov/Archives/edgar/data/1308557/000091957418008032/d8111968_13d-a.htm External links Company website Dry bulk shipping companies Companies formerly listed on the Nasdaq Companies based in Athens Shipping companies of Greece