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...

Regional-focussed shipping and logistics group SITC said that its SITC Logistics unit and Viboon Enterprise have agreed to establish a joint venture to promote and develop logistics park services in Thailand.

Container shipping firm SITC International Holdings has sold a 847 teu container vessel at a loss to SITC Steamships, majority owned by the wife of Yang Shaopeng, the controlling shareholding of SITC International.

London: Stolt-Nielsen reported first-quarter losses of $2.8m, driven by the losses in the company’s tankers’ division.