SITC firms two more 1,800 teu ships at CSCB Keelung

SITC International has exercised options for two 1,800 container vessels at China State Shipbuilding Corporation (CSBC).

The newbuildings, number three and four of this type for SITC, are scheduled for delivery in January and March 2015 respectively. The Hong Kong-listed shipowner said in a statement on Friday, that it decided to convert two of the six options attached to a firm order for six ships, which SITC had signed in April. The price of the two ships has not been disclosed but units one and two were ordered at a cost of USD 23 million apiece.

Options for up to four sister vessels remain in the books and must be declared within the next three months.

The ships will be built at Keelung, the smaller of CSBC’s two Taiwan shipyards. Unlike the group’ main Kaohsiung facility than mainly builds large vessels, the Keelung yard focuses on small and mid-sized tonnage.

Design specifications for the SITC ships have not been provided, but the type is expected to be identical or at least very similar to the 172.10m long and 27.20m wide CSBC-built ships for Wan Hai and XT-Shipmanagement.


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