---
title: "China's Hengli Shipbuilding Secures Large Crude Carriers Order Worth Up to USD1 Billion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275420424.md"
description: "Hengli Shipbuilding, a Chinese shipbuilding firm, has secured an order for 10 large crude carriers valued between USD700 million and USD1 billion from Dynacom Tankers Management. This order includes nine tankers with a deadweight tonnage of 158,000 tons and one additional vessel for an unnamed European shipowner. This marks Hengli's sixth order this year, contributing to its reputation as one of China's top shipbuilders. Shares of its parent company, Songfa Ceramics, rose 5% following the announcement."
datetime: "2026-02-10T07:48:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275420424.md)
  - [en](https://longbridge.com/en/news/275420424.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275420424.md)
---

# China's Hengli Shipbuilding Secures Large Crude Carriers Order Worth Up to USD1 Billion

(Yicai) Feb. 10 -- Hengli Shipbuilding, a Chinese firm focused on high-end shipbuilding and marine engineering, has secured an order for 10 large crude carriers, which could be worth between USD700 million and USD1 billion.

Athens-based Dynacom Tankers Management has ordered nine large crude oil tankers with a deadweight tonnage of 158,000 tons from Hengli Shipbuilding, the latter's parent firm Guangdong Songfa Ceramics announced late yesterday. The last vessel, also of the same size, is for a well-known European shipowner with good credit, who requested not to be named, it added, without disclosing a delivery schedule.

Shares of Songfa Ceramics \[SHA: 603268\] closed 5 percent higher at CNY89.67 (USD12.95) apiece today. The broader Shanghai stock market climbed 0.1 percent.

The latest order was Hengli Shipbuilding's sixth since the start of this year, including two for a total of five vessels expected to be worth between USD430 million and USD600 million that it secured on Feb. 3 and 7. The ships include Capesize bulk carriers, very large crude carriers, and 158,000-ton crude oil tankers, with a well-known shipowner from Singapore and Minerva Marine, a leading Greek private shipowner, among the clients.

Hengli Shipbuilding is one of China's top five shipbuilding enterprises. It became a subsidiary of private petrochemical giant Hengli Group in 2022, but it was transferred to Songfa Ceramics in May last year as part of a major asset restructuring that saw Songfa Ceramics shift its main business from ceramic manufacturing to the research, development, production, and sales of ships and high-end equipment.

Editor: Martin Kadiev

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