In a significant demonstration of industrial efficiency, DSIC Shanhaiguan Shipbuilding Industry Co., Ltd. has officially delivered a 115,000 deadweight tonnes (DWT) oil tanker this week. Remarkably, the vessel was completed more than five months ahead of its original schedule, underscoring the increasing competitiveness of shipyards across the Chinese mainland.
The impressive vessel, measuring 249.8 meters in length and 44 meters in beam, is capable of transporting over 800,000 barrels of crude oil or refined products in a single voyage. Beyond its size, the tanker is designed for the modern era, boasting superior maneuverability, enhanced economic efficiency, and improved environmental performance compared to previous models in its class.
Yan Guangjun, manufacturing director at DSIC Shanhaiguan Shipbuilding, attributed the accelerated delivery to the implementation of standardized series construction and optimized production scheduling. According to Yan, the vessel's design ensures operational flexibility, excellent port accessibility, and strong seaworthiness, making it a highly attractive option for global operators.
This delivery occurs during a period of unprecedented growth for the industry. Recent data reveals that builders on the Chinese mainland secured over 90% of global Very Large Crude Carrier (VLCC) orders in the first quarter of this year. Specifically, contracts for 67 VLCCs totaling 20.649 million DWT were signed in Q1, accounting for 92% of global contracting activity.
The momentum shows no signs of slowing. Peng Guisheng, marketing director at DSIC, noted that contracted tanker orders for 2026 have already exceeded 6 million DWT, with 42 vessels scheduled to begin construction this year. With major yards reporting backlogs booked through 2030, Peng emphasized that Chinese shipbuilders now lead the world in build quality, delivery reliability, and cost-effectiveness.
Reference(s):
cgtn.com
