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Weekly Analysis of Container Shipping Stocks

Giannis Nikolakis - December 6, 2024 0

The first week of December brought mixed fortunes for container shipping stocks, reflecting broader market uncertainties amid fluctuating freight rates, muted global trade recovery,...

Port News

New China-Philippines service calls at Mindanao Container Terminal

Ioanna Kontos - August 6, 2024 0

The Philippines' Mindanao Container Terminal (MCT), operated by International Container Terminal Services Inc. (ICTSI), recently received the inaugural call of SITC’s new China-Philippines Express...

News

SITC and Xiamen Port Holding Group sign cooperation deal

Ioanna Kontos - January 15, 2024 0

SITC entered into a strategic cooperation framework agreement with Xiamen Port Holding Group on 10 January, marking a significant milestone in their collaboration. During the...

SeaLead announces new service connecting China with India

Container News Team - August 3, 2023 0

SeaLead, in partnership with Sinotrans, SITC, and TS Lines, has announced the launch of a new service called FIX (Far East to India Express),...

Services

VSC expands service network to South Korea, Vietnam, and China

Container News Team - August 9, 2022 0

Vostochnaya Stevedoring Company (VSC), part of the Global Ports Group, located in the port of Vostochny in Primorsky Krai, Russia, has announced the launch...

News

SITC exits dry bulk segment after selling off its entire fleet

Container News Team - June 9, 2022 0

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...

News

Dae Sun receives US$32 million in new capital to secure boxship orderbook

Container News Team - April 21, 2022 0

South Korean shipbuilder Dae Sun Shipbuilding & Engineering has received a capital injection of over US$32 million from its new owner Dongil Steel and...

News

Major SITC feeder ship order buoys Yangzijiang

n.savvides - August 31, 2020 0

Intra-Asia carrier group SITC International Holdings has placed firm orders for six 1,800TEU feeder vessels from two subsidiary yards of China’s Yangzijiang Shipbuilding. The...

News

Joining an industry trend, SITC reports H1 profits up on lower fuel costs

n.savvides - August 21, 2020 0

SITC International, the holding company of Chinese intra-Asia carrier SITC Container Lines, said that net profit for the first half of 2020 was up...

News

SITC eyes intra-Asia growth with fleet expansion

n.savvides - August 14, 2020 0

Hong Kong-based intra-Asia carrier SITC Container Lines has expanded its fleet as it targets the lucrative intra-Asia market which it says will grow. While long-haul...

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