RCL launches a new billion-baht container vessel

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 the international maritime organization (IMO).

The company’s Q1 performance has reportedly grown by 8% with half-year revenue expected to reach the 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, particularly in Intra Asia, in the next five years.