SITC International Holdings, a major Chinese container line, has exercised its options with Huanghai Shipbuilding for two additional 1,800 TEU vessels.
The Hong Kong-listed vessel owner is investing nearly US$58 million to expand the series to eight ships. The newly ordered vessels are set for delivery in October and December 2027.
SITC initially signed a shipbuilding agreement with Huanghai in June 2023, which included four firm orders and six optional 1,800 TEU newbuilds. That means the...