Hengli Heavy Industries Secures Nearly $1 Billion Order from Dynacom for VLCCs and VLACs
In a groundbreaking announcement, Hengli Heavy Industries revealed that Greek shipping powerhouse Dynacom has recently inked a contract for the construction of eight new vessels. The deal includes Very Large Crude Carriers (VLCCs) and 93,000 m³ Very Large Ammonia Carriers (VLACs), with a staggering total value of nearly $1 billion.
Expanding Partnership with Dynacom
This latest contract signifies a significant milestone in the longstanding partnership between Hengli Heavy Industries and Dynacom. With this agreement, the total number of vessels built by the two companies has now surpassed 50, spanning a range of vessel types including VLCCs, VLACs, Suezmax tankers, Kamsarmax bulk carriers, and more. Dynacom has emerged as one of Hengli Heavy Industries’ key global strategic partners, solidifying their collaboration in the maritime industry.
Rapid Growth in VLAC Orders
Of particular note in this new shipbuilding venture are the VLAC orders, which mark a continuation of the successful partnership between Hengli Heavy Industries and Dynacom. Back in July 2026, Dynacom made its initial foray into the VLGC/VLAC market by ordering two 93,000 m³ VLACs from Hengli Heavy Industries. Each vessel is estimated to cost around $115 million and is scheduled for delivery in 2028. Following this initial order, Dynacom swiftly placed an additional order, underscoring their confidence in Hengli Heavy Industries’ expertise in VLAC construction.
As the collaboration between Dynacom and Hengli Heavy Industries evolves, the focus has shifted towards expanding into new vessel categories and enhancing technological capabilities. This progression highlights the dynamic nature of the partnership and sets the stage for continued growth and innovation in the maritime industry.
