Monday, August 18, 2025
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Tag: SITC

Weekly Highlights of Container Shipping Companies Stocks

The container shipping sector experienced a dynamic week marked by fluctuations in stock prices, reflecting broader economic trends, trade dynamics, and geopolitical developments. Amid concerns...

Weekly Analysis of Container Shipping Stocks

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

New China-Philippines service calls at Mindanao Container Terminal

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...

SITC and Xiamen Port Holding Group sign cooperation deal

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

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

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

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

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...

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

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

Major SITC feeder ship order buoys Yangzijiang

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...

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

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...
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Xeneta acquires eeSea to strengthen freight procurement insights

Xeneta has acquired maritime data company eeSea, expanding its ability to help shippers manage freight contracts and suppliers more effectively. The deal brings eeSea’s schedule,...

China looms over CK Hutchison’s port sale

The world’s largest planned ports deal has run aground on geopolitics. CK Hutchison, the Hong Kong conglomerate, confirmed this week that the $23 billion...

ANL announced service adjustments and vessel delays

ANL has announced several operational updates affecting its services in the Asia–Pacific region. Due to adverse weather conditions and congestion at regional ports, the OOCL...

Marie Maersk is latest casualty as cargo fires increase

Before the Marie Maersk there was the Maersk Frankfurt, the MSC Capetown III and the Wan Hai 503 since the beginning of June these...
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