iMarine

Hengli Heavy Industries Secures Strategic Order for 12 Vessels from Singapore’s EPS

On November 27, Hengli Heavy Industries formally signed a contract with renowned Singaporean shipowner Eastern Pacific Shipping (EPS) for the construction of 12 vessels of three different types.

The order includes 6 Very Large Crude Carriers (VLCCs), 2 LNG dual-fuel Suezmax tankers and 4 medium-sized container ships with a capacity of 6,000 TEUs. The signing of this batch order not only reflects EPS’s high recognition of Hengli Heavy Industries but also signifies the company’s continuous breakthroughs and formidable strength in the high-end shipbuilding sector.

As an internationally renowned shipowner, EPS’s decision to sign a bulk order with Hengli Heavy Industries fully demonstrates its high recognition of Hengli Heavy Industries’ technical capabilities, product quality, and delivery capacity in the shipbuilding sector. EPS regards Hengli Heavy Industries as a key strategic partner, and the signing of this bulk order marks the establishment of a long-term and stable cooperative relationship between the two parties.

Hengli Heavy Industries’ bulk order agreement with EPS marks a significant milestone among its numerous contracts secured for 2025. Since September, the company has secured consecutive new orders in the newbuilding market, encompassing multiple vessel types including container ships, bulk carriers, and oil tankers.

As of November, Hengli Heavy Industries’ order volume is approaching 100 vessels by 2025, with its backlog extending through 2029. The company’s robust order reserves and production capacity advantage have secured its significant position in the global shipbuilding market.

As a leading shipbuilder in China, Hengli Heavy Industries continues to achieve breakthroughs in high-end shipbuilding. Leveraging advanced technological innovation, robust shipbuilding capacity, and significant delivery cycle advantages, the company has earned the trust of numerous internationally renowned shipping companies. It has frequently delivered positive news in the global shipbuilding market, securing multiple new ship orders consecutively and becoming the “most favored Chinese shipbuilder” for international shipowners.

This collaboration with EPS Shipowner represents a significant partnership in shipbuilding, creating mutually beneficial development opportunities for both parties while advancing the sustainable growth of the global shipping industry.

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