China Shipbuilding announced that Dalian Shipbuilding, a wholly-owned subsidiary of the company, and China Shipbuilding Industry & Trade Co., Ltd. signed contracts for the construction of a total of 20 307,000-ton VLCC crude oil turbines with Hainan Haineng, a subsidiary of COSCO Haifa, and Dongfang Fuli, a subsidiary of COSCO HAIFA. Among them, 4 Hainan Haineng ships were denominated and paid in domestic RMB, with a contract amount of 3,793 billion yuan; 16 Oriental Fuli ships were priced and paid in cross-border RMB, with a contract amount of 13.425 billion yuan. Orders will be delivered one after another from 2029 to 2030, and the contract will not officially take effect until all parties have completed the approval process.

China Shipbuilding announced that Dalian Shipbuilding, a wholly-owned subsidiary of the company, and China Shipbuilding Industry & Trade Co., Ltd. signed contracts for the construction of a total of 20 307,000-ton VLCC crude oil turbines with Hainan Haineng, a subsidiary of COSCO Haifa, and Dongfang Fuli, a subsidiary of COSCO HAIFA. Among them, 4 Hainan Haineng ships were denominated and paid in domestic RMB, with a contract amount of 3,793 billion yuan; 16 Oriental Fuli ships were priced and paid in cross-border RMB, with a contract amount of 13.425 billion yuan. Orders will be delivered one after another from 2029 to 2030, and the contract will not officially take effect until all parties have completed the approval process.