Danaos Corporation (the “Company”) (NYSE: DAC) announced today the consummation of its previously announced $1.25 billion refinancing of a substantial majority of its outstanding senior secured indebtedness.

Navigator Holdings Ltd. (“Navigator”) (NYSE: NVGS), today announced the signing of a non-binding Letter of Intent (the “Letter of Intent”) with Naviera Ultranav Limitada (“Ultranav”) to merge Ultragas ApS’ (“Ultragas”) fleet and business activities with Navigator.

The new East Africa Service 3 (EAS3) will offer direct weekly sailings between China, South-East Asia, Kenya and Tanzania with very competitive transit times.

This morning the christening of the vessel Eco Livorno took place at the port of Livorno. This is the third hybrid ro-ro unit of the innovative Grimaldi Group GG5G (Grimaldi Green 5th Generation) vessel class.

HAV Design has developed a live fish carrier with the smallest climate and environmental footprint in the world per kilo of transported salmon. The boat is ordered by Frøy AS and will be put into operation for Cermaq after delivery.

International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) and Diamond S Shipping Inc. (NYSE: DSSI) (“Diamond S”), two of the leading tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets, announced today that their Boards of Directors have unanimously approved a definitive merger agreement pursuant to which INSW will merge with Diamond S in a stock-for-stock transaction.