ST Matsufa: Hengli Shipbuilding signs contract for 2 30.6 million ton ultra-large crude oil tankers.

ST Matsue announces that its subsidiary company Hengli Shipbuilding has signed contracts to build 2 30.6 million ton super large crude oil tankers with a well-known European shipowner, with a contract amount of approximately 200-300 million US dollars. This type of ship has the characteristics of large loading capacity, strong endurance, and high operating efficiency, conforming to the latest international tanker design concepts and meeting the demand for large-scale and low-carbon transportation. The normal performance of the contract is expected to have a positive impact on the company's future performance, enhance its medium-to-long-term market competitiveness and profitability, and further consolidate its competitive advantage in the super large crude oil tanker market. The contract has a relatively long performance period and may be affected by factors such as changes in the shipping and shipbuilding market, customer demand, fluctuations in raw material prices, and exchange rate fluctuations, posing investment risks.