The deal involves two firm 84,000-cbm ships with an option for two more. Cido is said to be paying $80m apiece, some $5m more than for VLGC newbuilding contracts concluded earlier this year at yards in South Korea.
It was earlier expected that the Cido order would end up with Hyundai Heavy Industries.
In the VLGC segment, Petrobras has reportedly fixed the 83,000-cbm BW Loyalty (built 2008) from Oslo-listed BW Gas.
