China-Vietnam-Malaysia shipping service starts
Published on: Friday, July 07, 2023
Kota Kinabalu: Sapangar Bay Container Port (SBCP) marked the launch of logistics firm SITC’s new China-Vietnam-Malaysia (CVM) container shipping service welcoming the “MV. HF Spirit” (pic).Under the CVM route, SITC would provide weekly direct services calling Nansha, Shekou, Haiphong, Qinzhou, Ho Chi Minh, Kuching, Bintulu and the SBCP in Kota Kinabalu.
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Four vessels will be alternately deployed with each vessel having a carrying capacity of up to 1,032 TEUs.
The new service will encourage trade growth between China, Vietnam and East Malaysia as parties benefit from the increased capacity, improved transit time and secured weekly connections between ports.
Sabah Ports Sdn Bhd Managing Director, Datuk Ng Kiat Min said as business continues to normalise post pandemic, Sabah Ports would cater to the expected rise of container volume by working with strategic industry players that provide a reliable network for movement of goods.”
“We look forward to building a strong partnership with SITC and their local agent, Dynamic Linkage Logistics Sdn Bhd.”
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“This collaboration signifies SITC’s confidence in SBCP’s capabilities and this cooperation will strengthen SBCP’s future as a regional transhipment hub.”
According to Alphaliner statistics, counted by capacity, SITC or SITC International Holdings Co. Ltd. ranks No. 13 in the global container shipping enterprises as of Dec 31, 2022.
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Based in Hong Kong, SITC operates 108 vessels, including 84 self-owned vessels. They operate over 75 service routes which covers 17 countries and 76 major ports in area of Mainland China, Japan, Korea, Taiwan, Hong Kong, Vietnam, Thailand, Philippines, Cambodia, Indonesia, Singapore, Brunei, Malaysia, Bengal, Myanmar, Russia and India.
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