SONGFA(SH:603268) Ge Long Hui A P P·2025-09-26 08:32Core Viewpoint - *ST Songfa has signed contracts for the construction of four Very Large Crude Carriers (VLCCs) with a total contract value of approximately $400-600 million, showcasing the company's capabilities in high-end ship design and technology [1] Group 1: Contract Details - The contracts involve the construction of four VLCCs by the subsidiary Hengli Shipbuilding (Dalian) Co., Ltd [1] - The total contract amount is estimated to be between $400 million and $600 million [1] Group 2: Ship Specifications - The VLCCs are designed to have a large loading capacity, strong endurance, and high operational efficiency [1] - The design of the ships accommodates adaptability to various shipping routes and loading flexibility, making them suitable for major global crude oil ports [1] Group 3: Market Relevance - The vessels are intended for transoceanic long-distance crude oil trunk transportation and large-scale transportation from oil fields to refineries [1] - The design aligns with the latest international tanker design concepts and meets the current market demand for large-scale and low-carbon transportation [1]