SITC eyes fleet expansion after profitable 2025

Intra-Asia shipping group SITC International said on 10 March it plans to build or acquire more container ships, after its 2025 net profit gained 19% year-on-year, to US$1.22 billion.

Yang Xianxiang, chairman of the Hong Kong-listed company, said: “The company will continue to purchase container vessels and containers, and invest in logistics projects, as and when appropriate.”