The Singapore-based company is adding newbuilds at Chinese shipyard Hengli
Hengli Heavy Industry will construct two 306,000 dwt VLCCs for Eastern Pacific Shipping, which are scheduled for delivery in the second half of 2028.Hengli stated, “The contract is poised to positively influence the company’s future performance, bolstering its medium to long term market competitiveness and profitability, and ultimately reinforcing its competitive edge in the market.”Earlier this month, Hengli announced the orders from Frontline and Dynacom Tankers for the construction of two VLCCs and four VLCCs, respectively. All the vessels are due for delivery from the second half of 2028.The signing of these VLCCs marks a significant breakthrough for Hengli Heavy Industry at the beginning of 2026 and lays a solid foundation for the company’s development throughout the year.On 4 January Hengli Heavy Industry reached a significant milestone when four VLCCs, built in its No. 1 dock, were simultaneously launched. This achievement of constructing and launching four VLCCs in a single dock on the same day established a new global record in the shipbuilding sector. The company said it underscores Hengli Heavy Industry’s advanced pace-based and large-scale shipbuilding capabilities.