Shipping & Freight #cido#vlcc
Cido Shipping Tied to Four VLCCs at HD Hyundai's Philippine Yard for $130m Each
Hong Kong-based Cido Shipping is linked to a newbuilding deal for four 300,000 dwt very large crude carriers at HD Hyundai's Philippines yard, priced at around $130 million each. Deliveries are scheduled between 2029 and 2030, though no official confirmation has been provided. The order adds to Cido's recent tanker ordering activity, including suezmaxes and product carriers at HD Hyundai yards.
Jun 23, 2026 1 source