For analyses of multi-phase flows in a water-cooled nuclear power plant, a three-dimensional SIMPLE-algorithm based hydrodynamic solver CUPID-S has been developed. As governing equations, it adopts a two-fluid three-field model for the two-phase flows. The three fields represent a continuous liquid, a dispersed droplets, and a vapour field. The governing equations are discretized by a finite volume method on an unstructured grid to handle the geometrical complexity of the nuclear reactors. The phasic momentum equations are coupled and solved with a sparse block Gauss-Seidel matrix solver to increase a numerical stability. The pressure correction equation derived by summing the phasic volume fraction equations is applied on the unstructured mesh in the context of a cell-centered co-located scheme. This paper presents the numerical method and the preliminary results of the calculations.