SITC Shipowner has ordered three container vessels of 2,700 teu each at Yangzijiang Shipbuilding at a total price of $87.9m.

SITC has placed an order for two additional 2,400 teu containerships from Yangzijiang Shipbuilding for $29m each or a total of $58m.

Intra-Asia container line SITC International Holdings has exercised options for two 2,400 teu vessels from Yangzijiang for $50m.

Shipping logistics firm SITC International Holdings Company has posted lower full year profit in 2016 compared to the previous year.

Container line SITC International Holdings saw total volume rise 4.5% to 1.7m teu in  the first nine months compared to 1.6m teu in the previous corresponding period.

Intra-Asia carrier and logstics firm SITC International Holdings has reported stable net profit for the six months ended 30 June 2016 compared to the year-ago period.

Intra-Asia carrier SITC International Holdings has shipped higher volumes in the first quarter of 2016 over the year-ago period, but earnings dipped due to lower freight rates.

Intra-Asia shipping firm SITC International Holdings has improved its net profit for 2015 compared to the previous year, thanks to lower bunker bills.

Intra-Asia container carrier SITC International Holdings has improved its net profit for the six months ended 30 June 2015 as it managed to lower operating costs.

Intra-Asia line SITC announced that has entered into a five-year strategic cooperation agreement with port operator Qingdao Port International for preferential treatment in Qingdao Port, as well investments and future projects in Southeast Asia and mainland China.

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