On December 29, *ST Songfa announced that its subsidiary Hengli Shipbuilding (Dalian) Co., Ltd. has signed a contract for the construction of one 158,000 DWT crude oil carrier. The contract value totals approximately $80 million to $100 million, with delivery scheduled for the first quarter of 2029.
The announcement disclosed that the counterparty to the contract was a well-known European shipowner. According to the agreement between the shipowner and Hengli Shipbuilding and the relevant provisions of the “Regulations on the Temporary Suspension and Exemption of Information Disclosure by Listed Companies”, the shipowner’s specific information was exempted from disclosure.
According to the announcement, this 158,000 DWT crude oil carrier represents a mainstream international large-scale crude oil tanker design. Featuring high deadweight capacity, low fuel consumption, and outstanding environmental performance. It aligns with the latest international design concepts for crude oil tankers and meets the most current environmental regulations.
Notably, this marks the second tanker construction contract signed by Hengli Shipbuilding this month. As previously reported, on December 20, *ST Songfa announced that its subsidiary Hengli Shipbuilding had signed and finalized contract for the construction of two 114,000 DWT crude oil/product tankers. The new vessels are being purchased by a single-ship company under Monte Nero Holdings S.A. The total contract value is approximately $100-200 million, with delivery scheduled for the first half of 2027.
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.