Download PDF version

SITC International and Daxian Shipbuilding successfully held the signing ceremony of the new shipbuilding project through the "cloud signing" mode through video connection.

Mr. Xue Mingyuan, Executive Director of SITC International and President of SITC Shipping Group, and Mr. Soo Keun Lee, President of Daxian Shipbuilding Co., Ltd. attended the ceremony and signed documents on behalf of both parties.

Negotiation of contracts

Under the circumstance that the epidemic hindered the face-to-face communication between the shipowner and the shipyard, the two sides completed the business negotiation of contracts and technical documents efficiently and with high quality on the basis of trust based on trust.

This signing will be conducive to the further optimisation of SITC's fleet structure, and provide strong support for improving its route layout in the region, so as to continue to consolidate its position in the Asian market.

Download PDF version Download PDF version

In case you missed it

WinGD ammonia engine powers EXMAR LPG carrier
WinGD ammonia engine powers EXMAR LPG carrier

Swiss marine power company WinGD has become the first engine designer to bring an ammonia-fuelled two-stroke marine engine to market following the delivery and installation of its...

Fouling control technologies are even more important for vessel operators following recent IMO MEPC 83 session
Fouling control technologies are even more important for vessel operators following recent IMO MEPC 83 session

Marine industry pioneers gathered at Nor-Shipping in June, with a focus on the key challenges and opportunities driving the transition to a lower-carbon future. With regulations s...

New ABS notation boosts container ship flexibility
New ABS notation boosts container ship flexibility

ABS enhanced its CLP-V(PARR) lashing notation to include a seasonality factor, which gives additional operational flexibility to container ship operators. Introduced in 2024, the...

vfd