恒力重工，迎来开年大单！

Core Viewpoint - Hengli Heavy Industry has secured its first order of 2026, signing a contract for the construction of two 306,000-ton VLCC super-large crude oil tankers with Seatankers Management, a private investment company owned by Norwegian shipping magnate John Fredriksen, with a total contract value of approximately $200-300 million, expected to be delivered in the second half of 2028 [1][3]. Group 1 - The transaction partner, Seatankers Management, operates a diversified fleet active in the global crude oil and refined oil transportation market, covering various sectors including tanker transportation, offshore operations, and liquefied natural gas transportation [2][4]. - The signed vessel type is an internationally mainstream large crude oil tanker, characterized by high loading capacity and operational efficiency. The normal execution of this contract is expected to positively impact the company's future performance and enhance its medium to long-term market competitiveness and profitability [2][4]. Group 2 - In 2025, Hengli Heavy Industry received a total of 115 new ship orders, with a total contract value exceeding 100 billion RMB, covering various vessel types from Kamsarmax bulk carriers to ultra-large ore carriers and ultra-large container ships [2][4]. - With the signing of this two-ship order, it is believed that Seatankers has cumulatively ordered 10 ultra-large crude oil tankers from Hengli Heavy Industry since September of the previous year [2][4].