iMarine

CAPITAL Places New Bulk Carrier Order at Hengli Heavy Industries

On April 30, Hengli Heavy Industries and the globally renowned shipping company CAPITAL officially signed a contract to build four 181,000 DWT Capesize bulk carriers. This marks another significant investment from CAPITAL in Hengli Heavy Industries, expanding their cooperation from tankers to dry bulk carriers, following their in-depth collaboration in the VLCC sector.

CAPITAL, a benchmark company in the global shipping industry, had previously established a close partnership with Hengli Heavy Industries in the VLCC sector. In February of this year, Hengli Heavy Industries delivered a 306,000 DWT VLCC for CAPITAL, and also secured orders for 11 new VLCCs from the shipowner, setting a new record for the shipbuilder’s single VLCC order volume. CAPITAL’s renewed selection of Hengli Heavy Industries signifies a deepening of their strategic cooperation, expanding from a single vessel type to multiple vessel types across all sectors.

Entering April, the new shipbuilding market continued its booming trend. Hengli Heavy Industries signed 18 new shipbuilding contracts this month, covering a diverse range of high-end ship types including gas carriers, bulk carriers, and tankers, further optimizing its product structure.

This month, Hengli Heavy Industries signed orders for two 93,000 cubic meter Very Large Ammonia (VLAC) carriers equipped with LPG dual-fuel propulsion systems, which are low-carbon and environmentally friendly, aligning with the global shipping industry’s trend towards green and low-carbon transformation. Six 82,000 DWT bulk carriers (Kamsarmax type) are the mainstay of international dry bulk shipping, with strong market demand. Eight 181,000 DWT bulk carriers (Capemax type) are core vessels for transoceanic trunk line transportation, further consolidating Hengli Heavy Industries’ market position in the large bulk carrier sector. In addition, two LNG dual-fuel 306,000 DWT Very Large Crude Carriers (VLCCs) continue Hengli Heavy Industries’ overwhelming advantage in this vessel type, with a projected new VLCC order market share exceeding 80% by 2026.

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