(EMAILWIRE.COM, November 20, 2009 ) Dallas, TX - DryShips Inc. (NASDAQ:DRYS) plunged 8.53% to close at $6.53. The company yesterday announced that it has signed an agreement to acquire two Panamax vessels for an aggregate price of $75.76 million. The vessels, a 76,635 dwt Panamax built in 2007, and a 76,635 dwt Panamax built in 2006, are expected to be delivered charter-free within the first quarter of 2010.

Diana Shipping Inc. (NYSE:DSX) decreased 7.12% to end the day at $16.69. The stock hit an intraday high and an intraday low of $17.50 and $16.46 respectively. So far this year, the stock is up over 30%. Diana Shipping Inc. is a global provider of shipping transportation services. The Company is engaged in transporting dry bulk cargoes, including commodities as iron ore, coal, grain and other materials along global shipping routes.

Navios Maritime Holdings Inc. (NYSE:NM) decreased 8.35% to close at $5.93. The stock has recovered over 470% from its 52-week low of $1.10. Navios Maritime Holdings Inc. (Navios Holdings) is a global, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of dry bulk commodities, including iron ore, coal and grain.

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