On August 30, 2020, SITC International Holdings Co., Ltd. (SITC International) and Yangzijiang Shipbuilding Group Ltd (Yangzijiang Shipbuilding Group) signed the Newbuilding Contracts for 6 units 1800 TEU container carriers and 6 units option agreement. 

SITC International and Yangzijiang Shipbuilding Group signed Newbuilding Contracts for 6 units + 6 optional 1800 TEU container carriers

Yang Shaopeng, Chairman of SITC International Board of Directors, Ren Yuanlin, Honorary Chairman of Yangzijiang Shipbuilding Group and other leaders attended the signing ceremony. Yang Xianxiang, CEO of SITC International and Ren Letian, Chairman of Yangzijiang Shipbuilding Group signed the contract on behalf of both parties.

The spread of Covid-19 around the world has brought a huge impact on the shipping logistics industry. 

SITC International has been advancing against the trend and promoted the development of each other with Yangzijiang Shipbuilding Group. Both sides’ cooperation is being deepened and continued to expand. 

This Newbuilding order will surely further promote the continuous improvement of SITC International's fleet structure, and enhance SITC International's competitiveness in the Asian regional market.

Source: SICT