On March 5, Hengli Heavy Industries’ listed entity *ST Songfa announced that its subsidiary Hengli Shipbuilding (Dalian) Co., Ltd. recently signed and finalized contracts for the construction of four 306,000 DWT Very Large Crude Carriers (VLCCs). The contracts are valued at approximately US$400 million to US$600 million.
The announcement disclosed that the counterparty in this contract transaction is 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 is exempted from disclosure.
It is understood that this 306,000 DWT VLCC represents the international mainstream large crude oil carrier design, featuring high loading capacity, strong endurance and operational efficiency.
Hengli Heavy Industries has designed this vessel type to balance route adaptability and loading flexibility, enabling efficient compatibility with loading and unloading equipment at major crude oil ports worldwide. It meets the demands of transoceanic long-distance crude oil trunkline transportation and large-scale transport from major oil fields to refineries.
Including the aforementioned orders, Hengli Heavy Industries has secured 75+4 new shipbuilding contracts this year, comprising 7+2 bulk carriers, 44 VLCCs, 14 tankers, 8+2 container ships, and 2 Very Large Ammonia Carriers (VLACs). This makes it the shipbuilder with the highest number of new ship orders secured so far this year.