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SITC Unit Signs HK$282.4 Million Deal for Two Ships

(Corrects to show SITC unit buying ships.)

SITC International Holdings Co. said a wholly owned unit signed a contract to buy two 1,100 twenty-foot equivalent unit container ships at an aggregate value of HK$282.4 million.

To contact the editor responsible for this story: Ben Richardson at brichardson8@bloomberg.net

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