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Container Market Weekly Performance: Trends, Gains, and Losses

Giannis Nikolakis - 0
Container market performance this week reflects the ongoing volatility in global trade, with shipping companies experiencing a mix of gains and losses. While some...
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SITC expands its boxship orderbook

Container News Team - 0
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...
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SITC realised nearly US$2 billion profit in 2022

Container News Team - 0
SITC International Holdings, the holding company of Hong Kong-based intra-Asia carrier SITC Container Lines, has announced that its net profit went up by 67%...
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SITC exits dry bulk segment after selling off its entire fleet

Container News Team - 0
SITC International Holdings has completed the sell-off of its entire bulk carrier fleet. The Hong Kong-based SITC, the parent company of intra-Asia box carrier...
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SITC orders up to ten feeder ships at Dae Sun

n.savvides - 0
SITC Container Lines' ship-owning affiliate SITC Shipowning has commissioned up to ten 1,023TEU feeder ships from South Korean shipyard Dae Sun Shipbuilding & Engineering. Its...
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SITC back at Yangzijiang for six 2,600TEU ships

n.savvides - 0
In just a month, Chinese intra-Asia carrier group SITC International Holdings has ordered 13 newbuildings from compatriot Yangzijiang Shipbuilding. After ordering seven newbuildings on 30...
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Tianjin and SITC seal deal with new service

Container News Team - 0
Chinese intra-Asia carrier SITC Container Lines has launched a service connecting China's Tianjin port with Vietnam and Malaysia. The Hong Kong-based shipping and logistics firm...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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