FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of June 2006
DRYSHIPS INC.
80 Kifissias Avenue
Amaroussion 15125, Athens Greece
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [_]
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [_] No [X]
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Included in this Report on Form 6-K as Exhibit 1 is the biographical information
of Mr. George Xiradakis who was appointed as a new Class B director of DryShips
Inc. (the "Company"), effective May 30, 2006. Mr. Xiradakis has filled the
vacancy resulting from the resignation of Mr. Prokopios Tsirigakis.
This Report on Form 6-K is hereby incorporated by reference into the Company's
Registration Statement on Form F-3 filed on May 3, 2006 (Registration No. 333-
133482).
Exhibit 1
George Xiradakis was appointed to the board of directors of DryShips Inc. on May
30, 2006 to fill the vacancy resulting from the resignation of Mr. Prokopios
Tsirigakis. Since 1999 Mr. Xiradakis has been the Managing Director of XRTC
Business Consultants Ltd., a consulting firm providing financial advice to the
Greek maritime industry, including Credit Lyonnais Group, Hellenic Ministry of
Mercantile Marine and NATEXIS Banques Populaires in Greece. Since June 2004, he
has been the President of the Hellenic Real Estate Corporation. He is also the
General Secretary of the Association of Banking and Shipping Executives of
Hellenic Shipping. Mr. Xiradakis is a graduate of the Nautical Marine Academy of
Aspropyrgos, and after completing his military service in the Greek Navy, he
received his postgraduate Diploma in Commercial Operation of Shipping from the
school presently named Guildhall University. He holds an MSc in Maritime Studies
from the University of Wales, College of Cardiff.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
DryShips, Inc.
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(Registrant)
Dated: June 14, 2006 By /s/ Christopher J. Thomas
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Christopher J. Thomas
Chief Financial Officer
SK 23113 0002 678608 v2