Hengli Shipbuilding (Dalian), operating under Hengli Heavy Industry and ST Songfa, wasted no time after the Chinese New Year, signing contracts for five new vessels within just two working days. According to announcements released on February 24 and 25, the shipyard secured orders for two Capesize bulk carriers and three VLCCs (306,000 DWT) with undisclosed but well-known European shipowners. The total contract value is estimated between US$440–600 million. With these additions, Hengli Shipbuilding has recorded 69 disclosed orders for 2026 so far, averaging more than one vessel per day. This rapid pace highlights the company’s strong project pipeline and strategic focus on VLCCs as its core business, with Capesize bulkers providing additional balance and resilience.