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信德海事网-专业海事信息咨询服务平台 登录 | 注册 [ 设为首页 ] [ 加入收藏 ] 中文版 ENGLISH WeChat Mobile --> --> ENGLISH   >   SHIPBUILDING --> EGPN Bulk Carrier Enlarged Its Fleet with $140 Million LR2 Order at DSIC 2025-11-05 09:25 By: Xinde Marine News Skye Polly 分享: --> --> --> 评论 --> --> A new Hong Kong shipowner is taking a bold step into the liquid cargo sector. Xinde Marine News has learned that EGPN Bulk Carrier Co., Ltd., headquartered in Hong Kong, has signed a contract with Dalian Shipbuilding Industry Co. (DSIC) for the construction of two 115,000-dwt LR2 product tankers, each worth around USD 70 million. The vessels will be built at Shanhaiguan Shipbuilding Indusctry CO. of DSIC and are scheduled for delivery between late 2027 and mid-2028. This $140 million investment signals EGPN’s accelerated diversification from dry bulk into the tanker sector — a major strategic shift for a company long known for its solid dry bulk operations. Strategic Transformation Founded through the 2014 merger of Donghai Shipping (HK) and Anhe Shipping, EGPN has grown into a full-spectrum carrier spanning dry bulk, product and chemical tankers, and offshore support vessels. The company currently controls more than 1.26 million dwt owned capacity and manages about 3 million dwt in total. The move into LR2 tonnage follows the successful launch of its chemical-tanker program at Wuhu Shipyard, where the first 18,500-dwt vessel Western Acacia has been launched and the sister ship Western Bergenia will deliver in early 2026. Both are IMO EEXI Phase III and NOx Tier II compliant — reflecting the owner’s forward-looking environmental agenda. Timing and Market Context Current newbuilding prices for LR2s stand near USD 72 million, about 4% lower than a year ago, giving EGPN a cost advantage amid rising replacement demand. The order also coincides with the global tanker sector’s fleet-renewal cycle, as owners position for upcoming carbon-intensity regulations and expanding long-haul product trade
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news Xinde Marine News ·2025-11-05

EGPN Bulk Carrier Enlarged Its Fleet with $140 Million LR2 Order at DSIC

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