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SITC International Deepened Cooperation with Yangzijiang Shipbuilding Group, signing the Newbuilding Contracts for 6 units 1800 TEU Container Carriers and 6 units Option Agreement




On  August 30, 2020, SITC International Holdings Co., Ltd. (SITC  International) and Yangzijiang Shipbuilding Group Ltd (Yangzijiang  Shipbuilding Group) signed the Newbuilding Contracts for 6 units 1800  TEU container carriers and 6 units option agreement. Yang Shaopeng,  Chairman of SITC International Board of Directors, Ren Yuanlin, Honorary  Chairman of Yangzijiang Shipbuilding Group and other leaders attended  the signing ceremony. Yang Xianxiang, CEO of SITC International and Ren  Letian, Chairman of Yangzijiang Shipbuilding Group signed the contract  on behalf of both parties.

The  spread of Covid-19 around the world has brought a huge impact on  shipping logistics industry. SITC International has been advancing  against the trend and promoted the development of each other with  Yangzijiang Shipbuilding Group. Both sides’ cooperation is being  deepened and continued to expand. This Newbuilding order will surely  further promote the continuous improvement of SITC International's fleet  structure, and enhance SITC International's competitiveness in the  Asian regional market.