China’s Hengli Shipbuilding Secures Up to USD1 Billion Order for Big Oil Tankers in Shipbuilding News 11/02/2026 Hengli Shipbuilding, a Chinese high-end shipbuilder and marine engineering services provider, has secured an order for 10 large crude oil tankers, which could be worth between USD700 million and USD1 billion. Athens-based Dynacom Tankers Management has ordered nine large oil tankers with a deadweight tonnage of 158,000 tons, Hengli’s parent company Songfa Ceramics announced late yesterday. The other 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 rose 0.1 percent. The latest order was Hengli’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 Cape-size 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 private Greek shipowner, among the clients. Hengli is one of China’s top five shipbuilders. It became a subsidiary of private petrochemical giant Hengli Group in 2022, but it was transferred to Songfa Ceramics last May as part of a major asset restructuring that saw Songfa shift its main business from ceramic manufacturing to the research, development, production, and sales of ships and high-end equipment. Source: Yicai 2026-02-11 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share