Cido Shipping is looking to sell its two capesize bulkers, which means the company could soon be set for an exit from the large dry vessels market.
The Hong Kong-headquartered company is looking for offers for the 176,000-dwt Great Navigator (built 2006) and sistership Great Challenger (built 2005), sources said. Both ships were constructed at Universal Shipbuilding.
TradeWinds is told the shipowner is seeking $14m for the Great Navigator and $12.5m
