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SITC and Xiamen Port Holding Group sign cooperation deal

SITC entered into a strategic cooperation framework agreement with Xiamen Port Holding Group on 10 January, marking a significant milestone in their collaboration. During the...

SeaLead announces new service connecting China with India

SeaLead, in partnership with Sinotrans, SITC, and TS Lines, has announced the launch of a new service called FIX (Far East to India Express),...

VSC expands service network to South Korea, Vietnam, and China

Vostochnaya Stevedoring Company (VSC), part of the Global Ports Group, located in the port of Vostochny in Primorsky Krai, Russia, has announced the launch...

SITC exits dry bulk segment after selling off its entire fleet

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...

Dae Sun receives US$32 million in new capital to secure boxship orderbook

South Korean shipbuilder Dae Sun Shipbuilding & Engineering has received a capital injection of over US$32 million from its new owner Dongil Steel and...

Major SITC feeder ship order buoys Yangzijiang

Intra-Asia carrier group SITC International Holdings has placed firm orders for six 1,800TEU feeder vessels from two subsidiary yards of China’s Yangzijiang Shipbuilding. The...

Joining an industry trend, SITC reports H1 profits up on lower fuel costs

SITC International, the holding company of Chinese intra-Asia carrier SITC Container Lines, said that net profit for the first half of 2020 was up...

SITC eyes intra-Asia growth with fleet expansion

Hong Kong-based intra-Asia carrier SITC Container Lines has expanded its fleet as it targets the lucrative intra-Asia market which it says will grow. While long-haul...

Wenzhou link to major Indonesian ports started by SITC

Chinese intra-Asia carrier SITC Container Lines has launched a Wenzhou-Indonesia connection that has been described as the first direct service between China's Zhejiang province...

More intra-Asia loops with Guangzhou port

In the space of just 10 days, Guangzhou has been included in four intra-Asia container service routes, in a sign of growing volumes handled...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

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...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

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...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

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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