DryShips, Inc. engages in ocean transportation services for drybulk and petroleum cargoes. The company operates its business through three 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 consists of trading of the drilling rigs and drillships through ownership and trading of such drilling rigs and drillships. The Tanker segment consists of vessels for the transportation of crude and refined petroleum cargoes. It operates and provides drybulk carrier vessels and oil tankers and offshore drilling services. The company was founded on September 9, 2004 and is headquartered in Athens, Greece.