SONGFA(SH:603268) Ge Long Hui A P P·2025-12-03 10:25Core Viewpoint - *ST Songfa has signed a contract for the construction of a Capesize bulk carrier, with a total contract value of approximately $70-100 million, highlighting its competitive position in the large bulk carrier market [1] Group 1: Company Developments - The contract involves the construction of a Capesize bulk carrier by Hengli Shipbuilding (Dalian) Co., Ltd., a subsidiary of *ST Songfa [1] - The Capesize bulk carrier has a deadweight tonnage of 180,000 tons, showcasing significant scale transportation advantages [1] - The successful signing and construction of this project demonstrate Hengli Shipbuilding's mature technology and market competitiveness in the mainstream large bulk carrier design and construction sector [1] Group 2: Industry Context - The Capesize bulk carrier is a core vessel type in the international dry bulk transportation market, designed to efficiently accommodate the loading and unloading facilities of major global bulk ports [1] - This vessel type meets the cross-ocean transportation needs for dry bulk commodities such as iron ore and coal, aligning with the global trend towards larger and greener bulk carrier fleets [1]