Recently, Hengli Heavy Industries formally signed contracts with Greek shipowner Thenamaris for the construction of three LR2 product tankers and with Greek shipowner Eurobulk for two 82,000 DWT bulk carriers.
The three LR2 product tankers mark the first collaboration between Hengli Heavy Industries and Thenamaris, as well as Thenamaris’ first newbuild order placed with a Chinese regional shipyard; the shipowner’s previous orders were primarily concentrated at shipyards in Japan and South Korea.
The two 82,000 DWT bulk carriers mark a renewed partnership between Hengli Heavy Industries and Eurobulk, bringing the total number of orders for this vessel type between the two parties to four.
It is understood that Thenamaris is owned by the Martinos family of Greece, whose business spans multiple sectors including oil tankers and bulk carriers. The family owns three core shipping companies: Thenamaris, EastMed, and Minerva Marine. The finalization of this order for three LR2 product tankers marks the first time that all three core shipping companies under the Martinos family have placed orders with Hengli Heavy Industries for vessels currently under construction.
It is reported that Minerva Marine has placed orders with Hengli Heavy Industries for six 114,000 DWT LR2 product tankers and two 158,000 DWT Suezmax tankers, scheduled for delivery in late 2025 and early 2026, respectively. Order details regarding EastMed and Hengli Heavy Industries have not yet been disclosed.
As of March 31, 2026, Hengli Heavy Industries had a cumulative order book of 284 new vessels valued at $27.513 billion, covering mainstream vessel types such as bulk carriers, container ships, and oil tankers; as of April 30, 2026, Hengli Heavy Industries had secured 126 new orders this year, and with the latest announced shipbuilding projects, the company has secured over 130 new orders so far this year.