SONGFA(SH:603268) Ge Long Hui A P P·2025-11-27 11:21Core Viewpoint - *ST Songfa has signed contracts for the construction of various types of vessels, indicating a strategic move to enhance its capabilities in the shipping industry with a total contract value estimated between $1.1 billion to $1.6 billion [1][2]. Group 1: Contract Details - The contracts include the construction of 6 Very Large Crude Carriers (VLCCs) with a capacity of 306,000 tons, 2 LNG dual-fuel oil tankers with a deadweight of 157,000 tons, and 4 container ships with a capacity of 6,000 TEU [1]. - The total contract amount for this batch of vessels is approximately $1.1 billion to $1.6 billion [1]. Group 2: Vessel Specifications - The 306,000-ton VLCCs are designed for high loading capacity, strong endurance, and operational efficiency, suitable for long-distance crude oil transportation and large-scale transport from oil fields to refineries [2]. - The 157,000-ton LNG dual-fuel oil tankers are characterized by large deadweight, low fuel consumption, and excellent environmental performance, aligning with international standards for green and low-carbon transportation [2]. - The 6,000 TEU container ships are designed for high loading capacity and stable sailing speed, meeting diverse transportation needs across major global ports [2].