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Tag: SITC International Holdings

Container Market Weekly Performance: Trends, Gains, and Losses

Container market performance this week reflects the ongoing volatility in global trade, with shipping companies experiencing a mix of gains and losses. While some...

SITC expands its boxship orderbook

SITC International Holdings, a major Chinese container line, has exercised its options with Huanghai Shipbuilding for two additional 1,800 TEU vessels. The Hong Kong-listed vessel...

SITC realised nearly US$2 billion profit in 2022

SITC International Holdings, the holding company of Hong Kong-based intra-Asia carrier SITC Container Lines, has announced that its net profit went up by 67%...

SITC exits dry bulk segment after selling off its entire fleet

SITC International Holdings has completed the sell-off of its entire bulk carrier fleet. The Hong Kong-based SITC, the parent company of intra-Asia box carrier...

SITC orders up to ten feeder ships at Dae Sun

SITC Container Lines' ship-owning affiliate SITC Shipowning has commissioned up to ten 1,023TEU feeder ships from South Korean shipyard Dae Sun Shipbuilding & Engineering. Its...

SITC back at Yangzijiang for six 2,600TEU ships

In just a month, Chinese intra-Asia carrier group SITC International Holdings has ordered 13 newbuildings from compatriot Yangzijiang Shipbuilding. After ordering seven newbuildings on 30...

Tianjin and SITC seal deal with new service

Chinese intra-Asia carrier SITC Container Lines has launched a service connecting China's Tianjin port with Vietnam and Malaysia. The Hong Kong-based shipping and logistics firm...
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