On January 28, Hengli Heavy Industries’ listed entity *ST Songfa issued an announcement regarding the signing of a major daily operations contract by its subsidiary. It announced that its subsidiary, Hengli Shipbuilding (Dalian) Co., Ltd. (Hengli Shipbuilding), had recently signed and finalized a contract for the construction of 4+2 vessels.
The announcement disclosed that Hengli Shipbuilding has signed a contract with Shanghai Zhonggu Logistics Co., Ltd. (Zhonggu Logistics) for the construction of 4+2 6,000 TEU container ships. The total contract value amounts to approximately RMB 3.4-4 billion (including tax, approximately US$489-576 million), with the new vessels scheduled for delivery in succession by 2028.
According to the announcement disclosed by Zhonggu Logistics, the total contract value for this batch of 4+2 6,000 TEU container ships shall not exceed RMB 3.48 billion (excluding tax, equivalent to approximately US$501 million).
On the same day, Hengli Group announced via its official WeChat account the signing of an order for 4+2 medium-sized container ships with Zhonggu Logistics. Lu Changwei, Deputy General Manager of Zhonggu Logistics, and Chen Hanlun, Director and General Manager of Songfa, signed the agreement on behalf of their respective parties. Lu Zongjun, Party Secretary and Chairman of Zhonggu Logistics, and Chen Jianhua, Chairman and President of Hengli Group, witnessed the signing.
This marks the fourth new shipbuilding contract announced by Hengli Heavy Industries since the start of 2026.
On January 14, *ST Songfa announced the signing of a contract for two 306,000 DWT VLCCs from Frontline, a subsidiary of Norway’s Seatankers Management. The vessels are scheduled for delivery in the second half of 2028.
On January 15, Hengli Shipbuilding signed a contract with Greece’s Dynacom Tankers for the construction of four 306,000 DWT VLCCs, with a total contract value of approximately $400 million to $600 million. Delivery is scheduled for the second half of 2028. The company also signed a contract with a renowned European shipowner for one 114,000 DWT LR2 crude/product tanker, slated for delivery in the second quarter of 2027.
On January 22, *ST Songfa announced the signing of an order for two 306,000 DWT VLCCs from EPS’s single-vessel company. The contract value is approximately US$200-300 million, with delivery scheduled for the second half of 2028.
With the latest orders, Hengli Heavy Industries’ confirmed orders for 2026 now total 8 VLCCs, 1 LR2 tanker, and 4+2 container ships, achieving a balanced order book for both container ships and oil tankers.