en.Wedoany.com Reported - China's Honghua Ocean has precisely targeted three major business segments: offshore wind power, offshore engineering equipment, and offshore oil and gas. Its revenue has quadrupled over three years, and it currently holds orders for a total of 12 specialized vessels.
Honghua Ocean was established in Qidong in 2009. The factory site covers an area of 800,000 square meters, including steel structure workshops spanning 110,000 square meters, with a coastline of 1,100 meters. It officially commenced production in 2012.
In 2020, Honghua Ocean entered the offshore wind power sector. Leveraging its unique hardware resources and comprehensive process flow, it achieved vertical construction and integrated lifting of offshore wind jacket foundations, giving it distinct advantages in transportation costs and final assembly efficiency.
From 2021 to 2025, Honghua Ocean has cumulatively delivered 128 sets of wind power jacket foundations. A new wind power jacket foundation order signed this year weighs 3,300 tons per unit and stands 107 meters high, making it the world's largest and most challenging fixed-bottom foundation for deep-sea wind turbines.
In 2025, Honghua Ocean defined its "Three Oceans" strategy: offshore oil and gas (focusing on drilling packages, derricks, compensation systems, etc.), offshore engineering equipment (focusing on FPSO/FLNG modules, specialized vessels, marine storage tanks), and offshore wind power (focusing on jacket foundations, offshore substations, floating wind turbine foundations).
It is reported that Honghua Ocean has secured orders for 6 Offshore Construction Vessels (OCV), and with other vessel types such as emergency firefighting vessels, the company's total order book for specialized vessels stands at 12. The OCVs are scheduled for delivery starting from the end of June.
From 2022 to 2025, Honghua Ocean's orders and revenue have consistently grown. Its revenue reached 1.45 billion yuan in 2025, and the total order volume for 2026 is projected to exceed 2 billion yuan.
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