Hengli Shipbuilding scores Greek bulker orders 

Hengli Shipbuilding, the yard formerly known as STX Dalian, has cemented its revival with orders from an unspecified Greek owner for four 82,000 dwt kamsarmaxes. 

The order follows swiftly on from contracts signed a couple of weeks ago with Haixing Shipping, also for four 82,000 dwt bulk carriers. Also on Hengli’s orderbook are four 20,000 dwt bulkers and a 61,000 dwt bulker. 

Hengli Heavy Industry Group, a subsidiary of petrochemical giant Hengli Group, paid RMB1.729bn ($257m) to acquire all the assets of STX Dalian last year.

STX Dalian was one of the largest shipyards in the world in terms of area space when it was founded in 2006. It went bankrupt in 2014 due to a financial crisis at its parent in South Korea leaving over 20,000 employees out of work.