SITC continues fleet growth, acquiring SBT pair

SITC continues fleet growth, acquiring SBT pair

Chinese intra-Asia containership operator SITC has acquired two second-hand 2,524 teu containerships to further expand its fleet.

According to broking sources, SITC has acquired the 2002-built pair Wehr Trave  and Wehr Warnow from Hamburg-based SBT Shipping. The selling price is $3.9m each vessel.

In January, SITC chartered the 4,620teu RHL Constantia from Reederei Hamburger Lloyd for a period of one to three months. The ship is the largest container vessel ever chartered by SITC.

SITC runs a fleet of 76 container vessel with total capacity of 104,473 teu.

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.

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