Chinese boxship operator SITC, controlled by the Yang family, has entered into shipbuilding contracts with Yangzijiang Shipbuilding for the construction of a 2,400 teu sub-panamax containership.
Allied Shipbroking reported that the price for the ship is $29m and delivery is scheduled later this year.
The latest order adds to SITC’s existing orderbook of seven sub-panamax containerships at Yangzijiang Shipbuilding.
According to Alphaliner, SITC controls a fleet of 81 vessels with total capacity of 116,367 teu including 62 self-owned vessels and 19 chartered vessels.
