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 worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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