Ciner takes VLAC investment past $1bn

Splash 24714 Jul 2026Macro
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Turkish industrial conglomerate Ciner Group has returned to HD Hyundai for three more very large ammonia carriers, taking its investment in the segment past the $1bn mark. HD Korea Shipbuilding & Offshore Engineering (HD KSOE) disclosed a $363m contract with an unnamed European owner for three vessels scheduled for delivery by May 2030. Shipbroking and …