---
title: "ST SONGFA's subsidiary Hengli Shipbuilding signs contracts for the construction of 2 vessels"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/256104600.md"
description: "ST SONGFA's subsidiary Hengli Shipbuilding has signed a construction contract for 2 ultra-large crude oil tankers (VLCC) with a capacity of 306,000 tons, with a contract amount of approximately USD 200-300 million, expected to be delivered in the second half of 2026. This type of vessel has efficient loading capacity and operational efficiency, meeting the international shipping market's demand for low-carbon transportation. The execution of this contract is expected to enhance the company's market competitiveness and profitability"
datetime: "2025-09-05T10:12:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/256104600.md)
  - [en](https://longbridge.com/en/news/256104600.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/256104600.md)
---

# ST SONGFA's subsidiary Hengli Shipbuilding signs contracts for the construction of 2 vessels

According to the Zhitong Finance APP, \*ST Songfa (603268.SH) announced that its subsidiary Hengli Shipbuilding (Dalian) Co., Ltd. (referred to as "Hengli Shipbuilding") has recently signed and made effective contracts for the construction of 2 vessels. Contract subject: 2 VLCCs (Very Large Crude Carriers) with a capacity of 306,000 tons, with a total contract amount of approximately USD 200-300 million, and the delivery period for the orders is scheduled for the second half of 2026.

The 306,000-ton VLCCs signed by the company are mainstream large crude oil tanker types internationally, characterized by large loading capacity, strong endurance, and high operational efficiency. This vessel type is designed to balance route adaptability and loading flexibility, efficiently compatible with the loading and unloading equipment of major global crude oil ports, and can meet the large-scale transportation needs of transoceanic long-distance crude oil trunk lines and from large oil fields to refineries. It aligns with the latest international tanker design concepts and meets the current international shipping market's demand for large-scale and low-carbon transportation. This fully reflects the company's independent innovation capability and technical strength in the high-end ship design field. The normal performance of the above contracts is expected to have a positive impact on the company's future performance, enhance the company's medium- to long-term market competitiveness and profitability, and further consolidate the company's competitive advantage in the VLCC market

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