ContainersGreater China

SITC pays $8m for 1,000 teu ship

Hong Kong-listed shipping firm SITC International Holdings has laid down around $8m for the 11-year-old 1,043 teu Alice, according to sources. The sale was completed some weeks back, but the buyer has just emerged.

The China-based containership and logistics group currently operates over 60 vessels of which around half are owned. It focuses on intra-Asia trades.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
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