Monday, March 29, 2021

SITC International (HK: 1308)


SITC International Holdings Company Limited (the “Company” or “SITC” or “we”) is an Asia’s leading shipping logistics company that provides integrated transportation and logistics solutions. As at 31 December 2019, we ranked the 17th among international container shipping companies in terms of shipping capacity. 

SITC focus exclusively on servicing the intra-Asia trade market, which is the largest in the world and one of the fastest growing market in terms of shipping volume, according to Drewry Maritime Services (Asia) Pte Ltd, an independent industry consultant.

SITC's business can be segregated into two main business segments: container shipping and logistics segment and dry bulk and others segment. SITC container shipping and logistics segment principally covers integrated logistics services such as the provision of container transportation, freight forwarding, shipping agency, depot and warehousing, etc. 

SITC's dry bulk and others segment principally covers the provision of dry bulk vessel leasing, land leasing and air-freight forwarding services.