Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2017
Reverse splits and shareholder dilution
DryShips conducted eight reverse stock splits between March 2016 and July 2017 while also issuing securities through transactions involving Kalani Investments. Public reporting described the combined effect as extraordinarily dilutive for earlier investors and criticized the resulting impact on shareholder value.
2011
MS Oliva oil spill
The wreck of DryShips' Panamax vessel MS Oliva near Nightingale Island caused an oil spill and damage to local wildlife in the Tristan da Cunha island group.