Regional Container Lines (RCL) has reported a THB55m ($1.5m) profit for the second quarter, down from THB294m in Q2 2014, as container volumes fell during the period.
Mitsui OSK Lines (MOL) is to set up a barge terminal operation in Bangkok, Thailand in joint venture with a local partner.
Over the last couple of days there has been great excitement over the idea that building the Kra Canal in southern Thailand could be back on the agenda, this time possibly with Chinese backing.
Both the Thai and Chinese governments have denied plans to build the Kra Canal across southern Thailand after two groups of private investors signed a Memorandum of Understanding (MoU) on the long planned project.
Thailand and China have signed a memorandum of understanding (MOU) in Guangzhou last Friday to jointly cut a shipping passage across Kra Isthmus in southern Thailand, the narrowest part of the Malay Peninsula.
Regional Container Lines (RCL) is linking two of its services up to create a direct service between Thailand and Myanmar.
Hutchison Port Holdings (HPH) is to start construction of the first phase of Terminal D at Laem Chabang Port, Thailand within a year.
Thailand’s Regional Container Lines (RCL) was back in the black in 2014 with a THB362m ($11.18m) profit.