Hantong Group’s Hantong Changyang Green New-Energy Vessel and Offshore Equipment Base Commences Production

Hantong Group announced the official commencement of the “Hantong Changyang” project on August 18. This project, operated by Jiangsu Hantong Changyang Intelligent Equipment Manufacturing Co., Ltd., focuses on the manufacturing and repair of green new-energy vessels and high-end offshore engineering equipment. The facility is dedicated to the research and development, design, and construction of high-value-added vessels, including 22,000 TEU dual-fuel container ships and Very Large Crude Carriers (VLCCs).

Project Background and Scope

The green new-energy vessel and high-end offshore equipment base project in Qidong was signed on February 20, 2025. The following day, Jiangsu Hantong Changyang Intelligent Equipment Manufacturing Co., Ltd. was established with a registered capital of RMB 1 billion. This company, a subsidiary of Jiangsu Hantong Group, is involved in shipbuilding, port operations, ship repair, offshore engineering equipment manufacturing, vessel sales, and metal structure sales.

With a total investment of RMB 3.5 billion, the project covers an area of 747 mu (approximately 50 hectares) and includes a building area of around 155,000 square meters. Key features of the facility include an 80,000-ton class offshore engineering dry dock and an 80,000-ton class outfitting wharf. Once fully completed, the project will specialize in the design and construction of high-value-added vessels and the manufacturing of large-scale, high-end new-energy offshore engineering equipment.

Impact on Jiangsu Province’s Shipbuilding Sector

As a significant new project supporting the green transformation of Jiangsu Province’s shipbuilding and offshore engineering sectors, Hantong Changyang has secured additional shipbuilding capacity quotas through capacity replacement. This strategic move aims to avoid creating excess capacity in the market.

In July 2025, the Nantong Municipal Bureau of Industry and Information Technology released a capacity replacement plan for Jiangsu Hantong Changyang Intelligent Equipment Manufacturing Co., Ltd. This plan resulted in a reduction and replacement of the original 400,000-deadweight-ton (DWT) shipbuilding capacity of Nantong Dongxin Shipbuilding Heavy Industry Co., Ltd., with 210,000 DWT allocated to the Hantong Green New Energy Vessel and High-End Offshore Equipment Manufacturing and Repair Base project.

The commissioning of this new shipbuilding and repair base signifies a significant expansion of Hantong Group’s high-end shipbuilding capacity. It reinforces the group’s position in the high-end shipbuilding sector and strengthens its ability to secure orders for clean-energy vessels, thereby enhancing its competitiveness in the global shipbuilding market.

Jiangsu Hantong Group’s core operations include offshore engineering, shipbuilding, and new energy offshore wind power. The group operates three major shipbuilding bases—Xin Hantong, Hantong WING, and Hantong Changyang—along with the Jingtong Port delivery base. With a shipbuilding and design capacity of 5 million deadweight tons (DWT) and an annual steel processing capacity of 900,000 tons, the group is equipped with state-of-the-art facilities to support its operations.