Reklam
Reklam
Reklam
Reklam
Reklam

SITC buys 1,700-TEU Stellar Windsor from Laurus for US$8 million

SHANGHAI feeder boxship operator SITC has acquired the 2009-built 1,700-TEU Stellar Windsor from South Korean owner Laurus Ship Management, reports Singapore's Splash 247

SITC buys 1,700-TEU Stellar Windsor from Laurus for US$8 million

SHANGHAI feeder boxship operator SITC has acquired the 2009-built 1,700-TEU Stellar Windsor from South Korean owner Laurus Ship Management, reports Singapore's Splash 247

11 September 2019 - 19:00

SHANGHAI feeder boxship operator SITC has acquired the 2009-built 1,700-TEU Stellar Windsor from South Korean owner Laurus Ship Management, reports Singapore's Splash 247.

The Imabari-built vessel cost US$8 million, much lower than MSI's valuation of $10 million. It is the fifth vessel SITC has acquired this year.



Busan-based Laurus Ship Management has cleared out its owned fleet following the deal.



Alphaliner data shows SITC currently operates a fleet of 83 ships with total capacity of 120,470 TEU, making it the 17th largest containerline in the world.


WORLD SHIPPING

This news 99 hits received.