iMarine

Hengli Heavy Industries Secures 21+4 Newbuild Orders Worth Nearly US$2.216 Billion

Hengli Group announced that during the Posidonia 2026 International Maritime Exhibition, Hengli Heavy Industries signed contracts for 21+4 newbuild vessels, covering six major shipowners and five vessel types, with a total value of nearly RMB 15 billion (approximately US$2.216 billion at current exchange rates).

Hengli Heavy Industries announced that it has successfully signed contracts for a newbuilding project covering 21+4 vessels. The orders include high-end vessel types such as 6,000 TEU container ships, Kamsarmax bulk carriers, Capesize bulk carriers, LR2 product tankers, and Suezmax crude oil tankers. The total value of the confirmed orders exceeds 10 billion RMB, covering all major vessel types in the container and bulk/product tanker sectors.

During the exhibition, a leading European container shipping line placed an order for 6,000 TEU container ships, marking a major market breakthrough for Hengli Heavy Industries in the medium-sized container ship segment. Combined with orders for the same series placed by another Greek shipowner, the total number of orders for this series at Hengli Heavy Industries now stands at nearly 40 vessels.

Two prominent Greek shipowners simultaneously selected Hengli Heavy Industries, placing orders for an 82,000 DWT Kamsarmax bulk carrier and a 181,000 DWT Capesize bulk carrier, respectively.

With the Suezmax crude oil tanker from Greek shipping giant VENERGY and the LR2 product tanker from another prominent Greek shipowner, Hengli Heavy Industries has achieved a breakthrough in securing orders for both crude oil and product tankers—the two major energy vessel types. By advancing on both fronts in the tanker sector and seeing comprehensive growth across its energy vessel portfolio, the company has significantly enhanced its competitiveness.

Since commencing operations in 2023, Hengli Heavy Industries has rapidly emerged as a “dark horse” in the global new shipbuilding market. As of April 30, Hengli Heavy Industries had secured 126 new orders for 2026 delivery—a figure that has already surpassed its total order volume of 115 vessels for the entire year of 2025. In May, the company officially announced a cumulative total of 7+2 new vessel orders; adding the 21+4 vessels announced on this occasion, Hengli Heavy Industries has secured orders for at least 154+6 new vessels so far this year.

Overall, as of March 31, 2026, Hengli Heavy Industries had a contracted order backlog of 284 vessels, with a total order value of $27.513 billion. With the addition of dozens of new vessels announced between April and June, the order backlog has exceeded 330 vessels, with production scheduled through 2030.

Hengli Heavy Industries stated that it will continue to focus on the high-end shipbuilding sector in the future, driving product upgrades through technological innovation and ensuring timely ship deliveries through lean management. The company is committed to becoming the most trusted partner for global shipowners and injecting strong momentum into the high-quality development of China’s shipbuilding industry.

RELATED NEWS

Most Popular