SITC lifts Huanghai boxship series to eight

Chinese boxship player SITC International Holdings has exercised options at Huanghai Shipbuilding for two additional 1,800 teu vessels.

The Hong Kong-listed shipowner is paying nearly $58m to lift the series at the compatriot yard to eight, with deliveries for the latest pair scheduled by October and December of 2027.

SITC signed a shipbuilding contract with Huanghai in June last year for four firm and six optional 1,800 teu newbuilds, meaning it has two more slots booked for potential future fleet expansion.

According to Alphaliner, the intra-Asia carrier ranks 14th in the global container shipping enterprises with a capacity of 181,811 teu spread across 116 vessels, including 102 self-owned.