Core Viewpoint - The company, SITC International Holdings Company Limited, announced the exercise of options to build two vessels under contracts with Huang Hai Shipbuilding Co., Ltd, with a maximum total cost of USD 76.36 million (equivalent to HKD 599 million), depending on the final specifications of the vessels [1] Group 1: Contract Details - The contracts involve the construction of two vessels, which will expand the company's owned container fleet to meet the growing operational demands [1] - The price of the vessels is determined based on fair negotiations referencing the market price for similar-sized new vessels [1] Group 2: Management Perspective - The board of directors believes that the terms of the vessel construction are fair and reasonable, aligning with the overall interests of the company and its shareholders [1]

Core Viewpoint - The company, Haifeng International (01308), has announced a shipbuilding contract with Huanghai Shipbuilding for the construction of four container vessels, indicating an expansion of its fleet to meet operational demands [1] Group 1: Contract Details - The contract was signed on August 2, 2025, between Haifeng Shipping, a wholly-owned subsidiary of the company, and Huanghai Shipbuilding [1] - Each vessel will cost up to $38.18 million, equivalent to approximately HKD 299.7 million [1] - The total cost for the four vessels will be up to $152.7 million, equivalent to approximately HKD 1.199 billion [1] Group 2: Strategic Implications - The new vessels will enable the company to expand its owned container fleet [1] - This expansion is aimed at meeting the growing operational demands of the company [1]

Group 1 - The core announcement is that the company, SeaFeast International, has signed a shipbuilding contract with Huanghai Shipbuilding for the construction of four container ships [1] - Each ship will cost up to $38.18 million, totaling a maximum of $152.7 million for all four vessels [1] - The new ships will expand the company's owned container fleet to meet the growing operational demands [1]