China State Shipbuilding Corporation: Wholly-owned subsidiary signs contract for the construction of 10 Very Large Crude Oil Carriers (VLCCs)

MetaMuskRat · 2026-04-01T03:31:15+00:00

People's Financial News, March 30 — On March 30, 2026, China Shipbuilding Industry Trade Co., Ltd. announced that its wholly-owned subsidiary, Dalian Shipbuilding Heavy Industry Group Co., Ltd. (hereinafter referred to as "Dalian Shipbuilding"), jointly signed a contract with a well-known domestic shipowner for the construction of 10 ultra-large oil tankers (VLCCs). The contract amount is between 8 billion and 9 billion yuan, with delivery scheduled sequentially from 2028 to 2030.

MetaMuskRat

2026-04-01 03:31:15

People’s Finance Network, March 30: On March 30, China Shipbuilding (600150) announced that on March 30, 2026, the company’s wholly owned subsidiary, Dalian Shipbuilding Heavy Industry Group Co., Ltd. (hereinafter referred to as “Dalian Shipbuilding”), together with China Shipbuilding Industry Trade Co., Ltd., signed a contract for the construction of 10 ultra-large crude carriers (VLCC) with a well-known domestic shipowner, with a contract value of between 8.0 billion yuan and 9.0 billion yuan, and deliveries will be made in succession from 2028 to 2030.

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