en.Wedoany.com Reported - On March 25, 2026, China Chonghang Shipping Co., Ltd. signed a construction contract with Ningbo Penghong Shipbuilding Heavy Industry Co., Ltd. for a 1056 TEU container ship.
As the first cooperative project between the two parties, this ship type integrates the technical advantages of multiple parties in the current same ship type, with a key focus on expanding the number of reefer containers to 200 units, leaving room for future expansion. The new vessel is scheduled for delivery in the first quarter of 2027.
This signing marks the official announcement of Chonghang International's entry into the shipping sector, opening a new chapter in the shipping market. Chonghang International is committed to facilitating synergy within the shipbuilding industry chain and enhancing its capabilities. By building the GMS industrial interconnection platform, with the goal of achieving optimal total cost of ownership, it promotes workshop-level integrated collaboration across the industry chain. It has successively provided supply chain operation services for three major central enterprise groups and their suppliers.
As a crucial part of Chonghang International's industry chain layout, Chonghang Shipping, based in Hong Kong, will empower shipyards, suppliers, and collaborators through a model of joint design, joint production, and joint operation. Adhering to the "co-building, co-creating, and co-sharing" philosophy of joint shipbuilding, it will collaborate with ecosystem partners to venture into international markets.
To ensure both a high starting point and high-quality delivery for the project, Chonghang Shipping has commissioned Gongjiang Maritime to provide full-process technical services, including drawing reviews and on-site supervision. Leveraging Gongjiang Maritime's professional technical team of over 80 people, it will provide comprehensive support for ship type optimization and quality management assurance for the project.
The GMS-VESSEL ONE platform, independently developed by Chonghang International, also provides integrated, full-process online operational support for the project, covering design, supply chain, construction supervision, and operation management.
It is understood that Chonghang International Supply Chain is a top-tier, full-industry-chain service provider in the shipbuilding industry. Since 2019, it has been dedicated to building a digital supply chain for deep collaboration between steel mills and shipyards. Relying on the GMS panoramic industrial interconnection platform, it has connected leading steel mills such as Nanjing Iron & Steel and Baosteel at the upstream supplier station, and embedded leading shipyards such as China State Shipbuilding Corporation and COSCO Shipping at the downstream assembly station.
By integrating advantageous industrial resources, Chonghang International has constructed a workshop-level integrated digital win-win chain and a new model of industrial interconnection, becoming the "intelligent brain" that empowers deep collaboration between upstream and downstream sectors of shipbuilding. As of 2024, the platform has achieved the embedding of over 20 leading industry groups, supported the operation of 2.34 million tons of steel, achieved a 40% efficiency improvement, and reduced the total supply chain cost of ownership by 9.24%.
The order from Chonghang Shipping is the third container ship order received by Ningbo Penghong Heavy Industry since its establishment. Notably, this signed project is also the first contract signed after Penghong Heavy Industry successfully introduced strategic investment from state-owned capital, indicating that the shipyard will enter a fast track of rapid development.
It is understood that Ningbo Penghong Shipbuilding Heavy Industry Co., Ltd. was established in February 2025. Its predecessor was Ningbo Beilun Lantian Shipbuilding Co., Ltd. It is a shipbuilding enterprise primarily focused on constructing mainstream ship types and small to medium-sized special operation vessels. In May of the same year, the shipyard received orders from Xiamen Haitao Shipping Co., Ltd. for one 2700 TEU and one 1008 TEU container ship. In December, it signed a construction contract with Kanghong (Yangpu) Shipping for 1+1 1900 TEU container ships.
Currently, Penghong Heavy Industry possesses two 100,000-ton dry docks, a 400-ton gantry crane, an 80,000-square-meter block workshop, and corresponding supporting facilities. Its main ship types include various 1000-5000 TEU container ships, asphalt carriers, and 50,000 DWT MR-type product tankers. Its order book is scheduled until 2028. In September 2025, Penghong Heavy Industry commenced construction on an annual 148,200-ton shipbuilding project, which is expected to be completed and operational by December 2026.
Excluding the latest order, Clarksons' data shows that Ningbo Penghong Heavy Industry currently holds a total order book of 16 vessels, including 10 bulk carriers, 4 container ships, and 2 chemical tankers, with deliveries scheduled until 2029.
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