DryShips Exercises First Option to Acquire a Very Large Gas Carrier With a 5 Year Time Charter Attached to an Oil Major

DryShips Inc., an international owner of drybulk carriers and offshore support vessels, announced that it has exercised its first option under the previously announced option agreement to acquire one Very Large Gas Carrier (“VLGC”)

Japan, India, U.S. Join for E. China Sea Exercises

A fleet of U.S., Japanese and Indian warships will hold a large-scale joint naval exercise over eight days from Friday in the Western Pacific, close to a Japanese island chain, part of which China claims.

Zhejiang Energy exercises tender offer for Ningbo Marine

After almost a year’s delay, Zhejiang Energy’s tender offer for Ningbo Marine has finally implemented. ...