RCL launches a new billion-baht container vessel, with the hope to achieve 10% growth this year.
01 Aug 2019

It says Thailand export drop has not significantly affected the businesses while continuous growth projected for the next five years.

Regional Container Lines Public Company Limited, a Thai-based container shipping line, has launched a new one-billion-baht “LALIT BHUM” vessel with world class innovations complying with international maritime organization (IMO). The company’s Q1 performance has reportedly grown by 8% with half-year revenue expected to reach target as planned. By the end of 2019, the revenue is expected to reach up to 10% growth despite weaker global demand growth. Positive cargo growth is projected for shipping businesses, particular in Intra Asia, in the next five years.

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About RCL
Founded in 1979, RCL is a Thai based container shipping line. Listed on the Thai Stock Exchange since 1988, its core business is in the carriage of Shipper owned containers (SOC) and its own Carrier container containers (COC) in a service network that is fully Asia centric. RCL currently owns and operates a fleet of 43 vessels with sizes ranging between 200 TEUs and 6621 TEUs. It also has a fleet of 107,574 TEUs to support its own COC carriage as well. RCL operates a network of 69 offices made up of both owned and agency partner offices to support its operations. Today, RCL is recognised as amongst the leading SOC and Intra Asian operator by both peers and customers alike.

For media enquiries, please contact Michelle Ng at (+65) 62292087 or michelle@rclgroup.com