31 Aug 2020

SITC International and Yangzijiang Shipbuilding Industry Co., Ltd. (Yangzijiang Shipbuilding) have signed a contract for six newbuildings of 1800 TEU and an option agreement for six vessels. Yang Shaopeng, the Chairman of the Board of Directors of SITC International, Ren Yuanlin, the Honourary Chairman of Yangzijiang Shipbuilding and other leaders attended the signing ceremony.

Yang Xianxiang, the Vice Chairman and Chief Executive Officer (CEO) of SITC International, and Ren Letian, the Chairman of Yangzijiang Shipbuilding signed the project contract on behalf of both parties.

SITC International - Yangzijiang Shipbuilding partnership

The spread of the COVID-19 pandemic around the world has brought a huge impact on the shipping and logistics industry. SITC International is forging ahead against the trend, promoting mutual development with Yangzijiang Shipbuilding, deepening cooperation and continuing to expand.

The order of this batch of newbuildings will surely further promote the continuous improvement of SITC International’s fleet structure, and further enhance and enhance SITC's competitiveness in the Asian regional market.