DryShips, Inc. engages in ocean transportation services of drybulk cargoes and crude oil worldwide. It owns, operates and provides drybulk carriers and offshore oil deep water drilling services. It operates through the following business segments: Drybulk, Tanker and Drilling. The Drybulk segment provides drybulk commodities transportation services for the steel, electric utility, construction and agri-food industries, which consists transportation and handling of Drybulk cargoes through ownership and trading of vessels. The Drilling segment provides ultra deep water drilling services, which consists of vessels of trading of the drilling rigs and drillships through ownerships and trading of drilling rigs and drillships. The Tanker segment provides transportation services of crude and refined petroleum cargoes. The company was founded on September 9, 2004 and is headquartered in Athens, Greece.