DryShips, Inc. was founded in 2004 and is based in Athens, Greece.

The company operates drybulk carriers throughout the world. The fleet carries various dry bulk items such as coal, iron ore, grains, bauxite, phosphate, fertilizers, and steel products. As of March 21, 2007, the company had a fleet of 34 drybulk carriers consisting 5 Capesize, 24 Panamax, 3 Handymax, and 2 newbuilding Panamax vessels with an estimated deadweight tonnage of approximately 2.9 million.

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