On January 30, Hengli Heavy Industries held a naming ceremony for the 306,000 DWT Very Large Crude Carrier (VLCC) “PINIOS”. This vessel marks the first ultra-large vessel successfully delivered by Hengli Heavy Industries this year.
In early January, Hengli Heavy Industries scored successive milestones with the launching of four VLCCs from the same dock and six bulk carriers on the same day, setting two world records in the shipbuilding industry within just three days. At present, the company is operating at full production capacity: along its several-kilometer coastline, berths are fully occupied with 25 large vessels moored in neat formation, undergoing full-speed outfitting and commissioning in preparation for their maiden voyages to sea.
The newly delivered vessel is the second in a series of VLCCs built by Hengli Heavy Industries for the internationally renowned shipowner Dynacom. The first vessel was delivered in 2025 and has demonstrated significant advantages during operation, with all performance indicators meeting internationally advanced standards, earning unanimous praise from the shipowner. Particularly noteworthy is the onboard facilities—including engine rooms and living quarters—which were designed to five-star hotel standards. This achieves a perfect integration of vessel quality
The 306,000 DWT VLCC is the main type of ultra-large vessel currently built by Hengli Heavy Industries. It was independently developed and designed by Hengli Heavy Industries Ship Design and Research Center. The vessel has a total length of 332.8 meters, a beam of 60 meters, a depth of 30 meters and a speed of 14.5 knots. It has significant features such as “safety, greenness, comfort and environmental protection”.
Regarding new ship orders, as of January 29, Hengli Heavy Industries has received orders for 15+2 new ships in 2026, including 10 VLCCs, 1 LR2 crude oil/product tanker, and 4+2 container ships, with a total value exceeding RMB 10 billion.
On January 30, Hengli Heavy Industries’ listed entity, *ST Songfa, issued an announcement stating that it expects to achieve a net profit attributable to the parent company of RMB 2.4 billion to RMB 2.7 billion (US$345 million to US$389 million) for the full year of 2025, turning a loss into a profit; and expects to generate revenue of RMB 20 billion to RMB 22 billion (US$2.878 billion to US$3.166 billion).