Maersk and Hapag dip into charter market to boost Gemini fleet
Maersk and Hapag-Lloyd have become more active in the charter market as they gear up ...
The recently delivered SITC Mingcheng. Credit SITC Container Lines
SITC Container Lines is expanding its fleet again, as liner operators continue the race for tonnage.
A spokesperson confirmed to The Loadstar the company had commissioned ten 1,800 teu ships at second-tier Chinese shipbuilder Huanghai Shipbuilding.
Delivery is estimated for 2024 and, while the newbuilding price was not disclosed, a sister vessel commissioned by Chinese furniture maker Loctek Ergonomic Technology cost $32.6m.
SITC’s spokesperson said: “We’re expanding our owned fleet to secure a long-term cost advantage. Chartered ships will be gradually replaced, while we’re ...
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