Cido Shipping has now sold five ships in just a couple of months after offloading a pair of products tankers.

The diversified owner has disposed of the 47,100-dwt Atlantic Blue and Atlantic Diana (both built 2007), market sources say.

Cido Shipping president CY Jun. Photo: Cido

A price of $16m is being placed on each of the Hyundai Mipo Dockyard built vessels.