Yangzijiang Shipbuilding (Holdings) Ltd. announced that it has entered into an agreement with SITC International Holdings Co. Ltd. ("SITC") for the building and delivery of six 2,600 TEU containerships and four options for identical vessels. The option orders are to be exercised in two batches, two vessels each. The firm orders for the six vessels will be delivered in 2022 to 2023. This batch of new orders follows the orders for six 1,800 TEU containerships (plus six options) and four 2400TEU containerships and one 2700TEU containership that SITC placed with Yangzijiang in August and Nov. 2020. With these latest order wins, year to date in 2020, the Group has secured new orders for 49 vessels worth approximately USD 1.42 billion (not considering the value of the option orders).