SITC orders more ships


Hong Kong stock-listed SITC International Holdings Co is investing over US$300M in new tonnage. Ten ships, all capable of loading 1,800 TEU, have been ordered from Huanghai Shipbuilding, which is based in Weihai, Shandong province. They will be deployed by the group’s liner arm, SITC Container Lines, and will be delivered in 2024.

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