SITC Signs Newbuilding Contracts with Yangzijiang Shipbuilding Group

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SITC International and Yangzijiang Shipbuilding Group recently signed Newbuilding Contracts for six units of 1800 TEU container carriers and an option agreement for six units. Yang Shaopeng, Chairman of SITC International Board of Directors, Ren Yuanlin, Honorary Chairman of Yangzijiang Shipbuilding Group and other leaders attended the signing ceremony. Yang Xianxiang, CEO of SITC International and Ren Letian, Chairman of Yangzijiang Shipbuilding Group signed the contract on behalf of both parties.

The spread of Covid-19 around the world has brought a huge impact on shipping logistics industry. SITC International says they have been advancing against the trend and promoted the development of each other with Yangzijiang Shipbuilding Group. This Newbuilding order will further promote the continuous improvement of SITC International’s fleet structure, and enhance SITC International’s competitiveness in the Asian regional market.

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