DryShips has confirmed its entry into the VLGC market with a $83.5m acquisition from TMS Cardiff Gas.
The George Economou-led company said it has exercised its first option to acquire a ship currently under construction at Hyundai Heavy Industries (HHI).
It comes less than a week after Dryships outlined its intention to spend cash from a recent deal with Kalani Investments to buy VLGCs owned privately by the Economou family.
George
