SITC acquires two boxships

SITC acquires two boxships

Chinese containership operator SITC has acquired two 2,474 teu containerships – Kanaga Island and Elba Island – from US owner Soundview Maritime at $12.8m en bloc, according to Braemar ACM Shipbroking.

SITC has been active on the secondhand market lately. It acquired the 2,496 teu Ulysses in February and two 2,524 teu containerships – Wehr Trave and Wehr Warnow in January.

With the latest acquisitions, the SITC fleet is approaching the 100,000 teu mark.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

Related Posts