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RCL upsizes buying 12,000 teu boxship pair

Thai-listed feeder and intra-Asian container carrier Regional Container Lines (RCL) is making a major step up in ship size acquiring a pair of 12,000 teu resale vessels.

Marcus Hand, Editor

August 23, 2021

1 Min Read
RCL's Jaru Bhum at sea
RCL Jaru BhumPhoto: RCL

RCL is splashing out $230m on the 12,000 teu capacity vessels which it is acquiring from Panama incorporated Giant Line. Payment for the vessels is to be made in four installments with delivery Q4 2022 and Q1 2023.

The new 12,000 teu ships represent a major increase in size for RCL which on its website lists it fleet as varying between 388 teu and 6,640 teu in capacity.

A stock exchanged announcement merely commented that the Board of Directors of RCL believed the transaction was “necessary and reasonable”.

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RCL

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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