icon Add as a preferred source 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.

In case you missed it

Wärtsilä simulators boost maritime training in China
Wärtsilä simulators boost maritime training in China

Technology group - Wärtsilä and Sinocrew Maritime Services, a globally renowned provider of integrated crew management and marine training services to the international s...

How can the maritime industry benefit from applying AI?
How can the maritime industry benefit from applying AI?

Artificial Intelligence (AI) is having a profound and multifaceted impact throughout the business world, driving a transformation across all sectors by significantly increasing eff...

Maritime Week Africa 2026: Bunkering & fuel insights
Maritime Week Africa 2026: Bunkering & fuel insights

ship.energy will stage Maritime Week Africa 2026 (MWAF26) from 20-22 January 2026 at the Radisson Collection Hotel, Waterfront, Cape Town, South Africa. The 17th edition will con...

vfd