SITC closes China-Vietnam-Thailand service

The Chinese intra-Asia carrier SITC has closed its ‘VTI’ China Vietnam Thailand service which called at Ningbo, Shanghai, Xiamen, Ho Chi Minh City, Bangkok, Laem Chabang and Jakarta.

All three of the 1,500 to 1,700 teu ships formerly employed on the 21-day round trip have phased already out. The move also affects Cheng Lie Navigation, which used to slot on the ‘VTI’ under an exchange agreement.

At least some of the chartered vessels trading on the ‘VTI’ are expected to be returned to their owners.

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