SITC Container Lines’ affiliate, SITC Shipowning extended its newbuilding bonanza, announcing a new order from Yangzijiang Shipbuilding for eight more ships, as the firming freight market seems to have encouraged liner operators and tonnage providers to order newbuildings, pushing the global orderbook to almost 20% of the active fleet.
Contracted on 2 June, the orders for four 2,600TEU and four 1,800TEU ships, come less than a week after SITC Shipowning ordered up to ten 1,023TEU vessels at...
https://container-news.com/high-rates-push-sitc-contaner-lines-more-vessel-orders/