Hengli Heavy Industry Secures 25-Tanker Newbuilding Surge Worth Up to $3 Billion

comprising 15 VLCCs (Very Large Crude Carriers) and 10 Suezmax-class tankers. The combined contract value is estimated between USD 2.4 and 3.0 billion. Key clients include Greece's CAPITAL Ship Management Group (ordering 11 VLCCs) and Dynacom Tankers Management (ordering 9 Suezmax tankers), with additional undisclosed European owners taking the remainder. The orders reflect shipowners' focus on securing delivery certainty and batch building amid tight newbuilding slots, while cementing Hengli's status as a top-tier shipyard able to handle large-scale, high-value projects.