iMarine

Hengli Heavy Industries Secures $200 Million Tanker Order, Extends Backlog to 2029

On December 20, *ST Songfa announced that its subsidiary, Hengli Shipbuilding (Dalian) Co., Ltd., recently signed and finalized contracts for the construction of two 114,000 DWT crude oil/product tankers.

The announcement disclosed that the buyer of the two new vessels is a single-vessel company under Monte Nero Holdings S.A. The total contract value amounts to approximately US$100-200 million, with delivery scheduled for the first half of 2027.

The 114,000 DWT crude oil/product tanker contracted this time represents an internationally mainstream medium-sized crude oil/product tanker design, featuring large loading capacity, enough cargo hold space, and green energy efficiency as its core characteristics.

This vessel design prioritizes both route adaptability and cargo loading flexibility, allowing it to efficiently utilize the loading and unloading facilities of most crude oil and refined product ports worldwide. It meets the demands of regional trunk line transportation, refinery feedstock supply, and transoceanic medium-to-long-distance shipping. Aligning with the latest international tanker design concepts, it represents a premium vessel type that fulfills the shipping market’s current requirements for efficient and low-carbon transportation.

Since the third quarter of this year, Hengli Heavy Industries has secured a series of new orders in the new shipbuilding market, covering multiple vessel types including container ships, bulk carriers, and oil tankers.

Its order backlog now extends through 2029. Concurrently, leveraging its robust industrial chain advantages, Hengli Heavy Industries has achieved independent manufacturing capabilities for core components such as marine main engines. This strong delivery assurance has become a key factor in clients’ selection decisions.

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