PanStar orders cruise ship with box capacity
PanStar Line, the South Korean passenger and cargo ship operator which recently reported soaring express ...
With its profits having tripled, SITC International said it would continue to acquire second-hand ships and order newbuildings “at reasonable prices”.
The Hong Kong-listed parent of SITC Container Lines unveiled its H1 21 results on Monday, which revealed a net profit of $63m.
SITC also said 90% of its capital expenditure, some $83.6m, had gone toward vessel acquisitions in the first half.
Vessel databases show SITC acquired the 2007-built 1,032 teu SITC Rizhao (ex-Sinar Bitung) from Japanese owner Soki Kisen in April for ...
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