Liner operators and non-operating shipowners have continued to add to their already swollen orderbooks, despite rapidly falling spot freight rate levels.
Hong Kong-based intra-Asia carrier SITC Container Lines today exercised options for two more 1,800 teu ships at China’s Huanghai Shipbuilding, adding to the six contracted last year, each costing around $29m.
The vessels previously ordered are expected to be delivered between 2026 and August 2027 and the additional ships are estimated …
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