Tuesday, October 27, 2009

Planning Reports And Proposals

It's almost 2 weeks since Dry Ships announced the released of its 3rd quarter and nine months earnings.Well, it's finally here, today they comfortably announced that they beat Wall street expectations, due to increasing business and raising of charters and shipping rates.After the prolong recession took placed they announced that dry bulk rates have become more stabilized.They announced most of their fleet(about 77%) will be done being fixed by the beginning of 2011.With all this information given out, tomorrow on the Oct 27,2009 they are holding a conference meeting to discuss all this information, and also what steps the company is taking to better the company and to help maximize their returns in profit.

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