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Regional Container Lines Shipping Company Limited, a subsidiary company in Shanghai set up 3 branch offices in Xiamen, Guangzhou and Shenzhen to enhance market expansion in south PRC.
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Regional Container Lines Shipping Company Limited, a subsidiary company in Shanghai set up 2 branch offices in Qingdao and Tianjin to enhance market expansion in north PRC.
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Incorporated a wholly owned subsidiary company, RCL Logistics Co., Ltd. in Thailand to widen the range of services to logistics, in addition to marine transport.
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Launched E-commerce facility, namely BHUMNET/Extended service to West Asia and the Middle East./Incorporated a wholly owned subsidiary company, Regional Container Lines Shipping Co., Ltd. in Shanghai to serve as ship agent in PRC/RCL Feeder Pte. Ltd. increased its shareholding percentage in RCL Cambodia Co., Ltd. from 45% to 100% for total control/Incorporated a wholly owned subsidiary company, RCL Agencies (M) Sdn. Bhd. in Malaysia to serve as ship agent.
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Took delivery of the last two new vessels from Japan, thus completing the Group?s fleet expansion scheme.
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Raised registered capital from Baht 221 million to Baht 663 million/Joined with Mitsui O.S.K. Lines Ltd. to firstly start dry bulk shipping business.
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Took delivery of five new vessels from Singapore/Acquired a freehold 12 - storey office building in Singapore as RCL regional operation centre.
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Took delivery of two newly built vessels from Japan/Commenced Singapore-Shanghai trade.
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Further acquired the remaining 30% interest in Regional Container Lines (HK) Co., Ltd. and its subsidiaries for 100% control/Raised registered capital from Baht 170 million to Baht 221 million.
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Converted to a public company/Invested 20% interest in NH Prosperity Co., Ltd.- an operator of Inland Container Depot/Raised registered capital from Baht 154 million to Baht 170 million and increased the foreign limit from 25% to 30%.
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Acquired 70% interest in Regional Container Lines (HK) Co., Ltd. and its subsidiaries in Hong Kong to further extend the network to cover North Asian business/Directly purchased the remaining 49% interest in four RCL Singapore subsidiaries for 100% control/Raised registered capital from Baht 84 million to Baht 154 million.
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Acquired 20% interest in TIPS Co., Ltd., an operator of one of Laem Chabang deep sea ports/Commenced Singapore-Australia route.
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Took delivery of two firstly-built vessels, M.V. Maha Bhum and Nanta Bhum from Korea.
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Incorporated RCL Investment Pte. Ltd. to hold 50% interest in four RCL Singapore subsidiaries (holding 51% interest in 1991 to become their major shareholder) to extend theoperation network into Southeast Asia Region/Raised registered capital from Baht 70 million to Baht 84 million.
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Had its stock listed in the Stock Exchange of Thailand/Raised registered capital from Baht 55 million to Baht 70 million.
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Commenced Bangkok-Kaohsiung-Hong Kong route.
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Purchased its first vessel, M.V.Siri Bhum, to commence Bangkok-Singapore route.
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Founded by Ngow Hock Co., Ltd.a major shareholder.
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© 2004 Regional Container Lines. All rights reserved.
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