On February 12, Hengli Heavy Industries announced orders for 17+2 newbuildings, covering four types of vessels: product tankers, VLCCs, container ships and bulk carriers.
On the evening of February 12, *ST Songfa, the listed entity of Hengli Heavy Industries, issued an announcement stating that the construction contract for 17 vessels of its subsidiary Hengli Shipbuilding (Dalian) Co., Ltd. was recently signed and came into effect, with a total contract value of approximately US$1.6-1.8 billion (approximately RMB 11.04 billion-12.42 billion).
The 17 newbuilding contracts signed this time include one LR2 type crude oil/product tanker, eight 306,000 DWT Very Large Crude Carriers (VLCCs), four Capesize bulk carriers and four 6,000 TEU container ships.
Among them, one LR2 crude oil/product tanker, eight VLCCs, and four 6,000 TEU container ships all come from well-known European shipowners.
The order for four Capesize bulk carriers comes from a single-ship subsidiary of Maran Dry Management Inc. Maran Dry Management is the core shipping company of the Greek Angelicoussis Shipping Group, specializing in dry bulk shipping. The company’s main businesses include the commercial operation, technical management, crew management and chartering of dry bulk vessels. Currently, it manages 40 large dry bulk vessels with a deadweight tonnage exceeding 7 million tons, making it a leading global dry bulk shipping company with a solid reputation.
According to Hengli Group’s official WeChat account, Maran Dry’s order also includes two option vessels, for a total of 4+2 vessels.
This is the third major order that Hengli Heavy Industries has announced in just a few days.
On February 9, Hengli Heavy Industries announced that a contract for the construction of 10 crude oil tankers with a deadweight tonnage of 158,000 tonnes had been signed and taken effect recently, with a total contract value of approximately US$700 million to US$1 billion (approximately RMB 4.84 billion to RMB 6.9 billion). Nine of the new vessels are being sold to a single-ship subsidiary of Dynacom Tankers Management Ltd., while the remaining vessel is being sold to a well-known European shipowner.
On February 11, Hengli Heavy Industries announced that a contract for the construction of 15 306,000 DWT Very Large Crude Carriers (VLCCs) had been signed and taken effect recently, with a total contract value of approximately US$1.7-2 billion (approximately RMB 11.75 billion-13.8 billion). Four of the vessels are to well-known European shipowners; the remaining 11 are to single-ship companies under Capital Ship Management Group.
As of February 12, Hengli Heavy Industries has received orders for 62+2 new vessels in 2026, including 5 bulk carriers, 35 VLCCs, 14 oil tankers and 8+2 container ships.
In 2025, Hengli Heavy Industries secured orders for 115 new vessels, with a total contract value exceeding RMB 100 billion. In just over a month into 2026, the company’s new orders have already surpassed 50% of the total for 2025. This signifies the continued improvement of this private giant’s global competitiveness, as it greets the Year of the Horse with a strong order intake momentum.