George Economou
Chief Executive Officer at DRYSHIPS INC.
Net worth: 68 M $ as of 2024-03-30
Profile
George E.
Economou is the founder of Cardiff Marine, Inc. (Greece) founded in 1991 and DryShips, Inc. founded in 2004, where he holds the title of Chairman & Chief Executive Officer.
Currently, Mr. Economou holds the position of Chairman, President & Chief Executive Officer at Ocean Rig Partners LP, Chairman President & Chief Executive Officer at Ocean Rig ASA since 2012, Chairman, President & Chief Executive Officer at Ocean Rig Partners GP LLC since 2014, Director at The Union of Greek Shipowners, Member of ABS Council, and Member of Intertanko Hellenic Shipping Forum.
In his former positions, Mr. Economou served as Chairman & Chief Executive Officer at AllShips Ltd.
from 2009 to 2010, Chairman, President & Chief Executive Officer at Tankships Investment Holdings, Inc., Chairman of Heidmar, Inc., Independent Director at Danaos Corp.
from 2010 to 2020, Director-Governors Board at Bank of Greece SA from 2009 to 2011, and General Manager at Oceania Maritime Agency from 1981 to 1986.
Mr. Economou obtained his undergraduate and graduate degrees from Massachusetts Institute of Technology in 1975 and 1976 respectively, and also attended Athens College for his undergraduate studies.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2024-04-04 | 2,310,655 ( 5.41% ) | 47 M $ | 2024-03-30 | |
| 2024-03-03 | 1,859,096 ( 9.46% ) | 16 M $ | 2024-03-30 | |
OCEANPAL INC
13.05% | 2024-03-13 | 972,198 ( 13.05% ) | 3 M $ | 2024-03-30 |
| 2023-10-10 | 1,033,859 ( 8.42% ) | 2 M $ | 2024-03-30 |
George Economou active positions
| Companies | Position | Start |
|---|---|---|
| DRYSHIPS INC. | Chief Executive Officer | 2004-09-08 |
Ocean Rig Partners GP LLC
 Ocean Rig Partners GP LLC Contract DrillingIndustrial Services Ocean Rig Partners GP LLC provides well drilling services. George E. Economou has been the CEO of the Cypriot company since 2014. | Chief Executive Officer | 2014-08-31 |
Ocean Rig Partners LP
 Ocean Rig Partners LP Contract DrillingIndustrial Services Ocean Rig Partners LP engages in providing offshore drilling services. Its activities include owning, operating and acquiring offshore drilling units. The company was founded on April 16, 2014 and is headquartered in Nicosia, Cyprus. | Chief Executive Officer | - |
Ocean Rig ASA
 Ocean Rig ASA Contract DrillingIndustrial Services Ocean Rig ASA owns and operates drilling rigs. It specializes in offshore exploration, development, and production drilling in deepwater. The company has two drilling rigs, Leiv Eiriksson and Eirik Raude. Ocean Rig serves oil companies. The company was founded in 1996 and is headquartered in Stavanger, Norway | Chief Executive Officer | 2010-08-09 |
| Intertanko Hellenic Shipping Forum | Corporate Officer/Principal | 2010-07-12 |
| ABS Council | Corporate Officer/Principal | 2010-07-12 |
| The Union of Greek Shipowners | Director/Board Member | - |
Former positions of George Economou
| Companies | Position | End |
|---|---|---|
| DANAOS CORPORATION | Director/Board Member | 2020-07-30 |
| OCEAN RIG UDW INC | Chief Executive Officer | 2017-12-31 |
| ░░░░░░░ ░░░░░░░░ ░░░░░░ | ░░░░░░░░░ ░░░░░░░░░░░░░░░░░ | ░░░░░░░░░░ |
| ░░░░░░░░ ░░░░ | ░░░░░ ░░░░░░░░░ ░░░░░░░ | - |
| ░░░░ ░░ ░░░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | - |
Training of George Economou
| Massachusetts Institute of Technology | Graduate Degree |
| Athens College | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 2 |
|---|---|
| DANAOS CORPORATION | Transportation |
| BANK OF GREECE | Finance |
| Private companies | 13 |
|---|---|
AllShips Ltd.
 AllShips Ltd. Marine ShippingTransportation AllShips Ltd. operates ocean going cargo vessels. The company wads founded in 1998 and is headquartered in Athens, Greece. | Transportation |
DryShips, Inc.
 DryShips, Inc. Marine ShippingTransportation DryShips, Inc. engages in ownership and management of ocean going cargo vessels and provision of drilling services. It operates though the following segments: Drybulk, Offshore Support, Tanker, Gas Carrier, and Other. The Drybulk segment consists of transportation and handling of drybulk cargoes through ownership and trading of vessels. The Offshore Support segment includes offshore support services to the global offshore energy industry through the operation of a diversified fleet of offshore support vessels. The Tanker segment refers to the vessels for the transportation of crude and refined petroleum cargoes. The Gas Carrier segment focuses on the vessels for the transportation of liquefied petroleum gas. The Other segment relates to the company’s investment activities. The company was founded by George E. Economou on September 9, 2004 and is headquartered in Athens, Greece. | Transportation |
Ocean Rig UDW, Inc.
 Ocean Rig UDW, Inc. Oilfield Services/EquipmentIndustrial Services Ocean Rid UDW, Inc. is a holding company, which engages in offshore drilling operations. Through its subsidiaries, it provides oilfield services for offshore oil and gas exploration, development, and production drilling, specializing in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. It owns and operates offshore ultra deepwater drilling units, comprised of ultra deepwater semisubmersible drilling rigs and ultra deepwater drilling ships. The company was founded on December 10, 2007 and is headquartered in Nicosia, Cyprus. | Industrial Services |
Ocean Rig Partners LP
Ocean Rig Partners LP Contract DrillingIndustrial Services Ocean Rig Partners LP engages in providing offshore drilling services. Its activities include owning, operating and acquiring offshore drilling units. The company was founded on April 16, 2014 and is headquartered in Nicosia, Cyprus. | Industrial Services |
Ocean Rig ASA
Ocean Rig ASA Contract DrillingIndustrial Services Ocean Rig ASA owns and operates drilling rigs. It specializes in offshore exploration, development, and production drilling in deepwater. The company has two drilling rigs, Leiv Eiriksson and Eirik Raude. Ocean Rig serves oil companies. The company was founded in 1996 and is headquartered in Stavanger, Norway | Industrial Services |
| The Union of Greek Shipowners | |
Heidmar, Inc.
 Heidmar, Inc. Oil & Gas PipelinesIndustrial Services Heidmar, Inc. engages in the transportation of crude oil and petroleum products. The firm specializes in pool management, commercial management, ship chartering, claims settlement, bunker services, risk management and FFA Trading. The company was founded by Per Heidenreich in October 1984 and is headquartered in Norwalk, CT. | Industrial Services |
| ABS Council | |
| Intertanko Hellenic Shipping Forum | |
Cardiff Marine, Inc. (Greece)
 Cardiff Marine, Inc. (Greece) Marine ShippingTransportation Cardiff Marine, Inc. is a private company based in Amaroussion, Greece. and has subsidiaries in Greece. Cardiff Marine, Inc. manages ocean-going vessels. The Greek company was founded by George E. Economou. | Transportation |
| Oceania Maritime Agency | |
Ocean Rig Partners GP LLC
Ocean Rig Partners GP LLC Contract DrillingIndustrial Services Ocean Rig Partners GP LLC provides well drilling services. George E. Economou has been the CEO of the Cypriot company since 2014. | Industrial Services |
Tankships Investment Holdings, Inc.
 Tankships Investment Holdings, Inc. Marine ShippingTransportation Tankships Investment Holdings, Inc. engages in the provision of worldwide seaborne transportation of crude oil petroleum. The firm operates tanker vessels for transporting large quantities of crude oil over long distances. The company was founded on December 15, 2010 and is headquartered in Athens, Greece. | Transportation |
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