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International Shipping
RCL's two new 12,000-TEUers said set for Persian Gulf
Date:2021-11-23 Readers:
THAILAND's Regional Container Lines (RCL), normally a short-sea intra-Asia player, has entered mega ship zone with the purchase of two 12,000-TEU newbuilds from Japan's Imabari Shipbuilding, reports London's Loadstar.

RCL recently announced a 2,700 per cent first half year-on-year net profit increase to US$190.5 million, citing universally soaring rates and volumes due to the Covid crisis.

The ships will be delivered in September 2022 and January 2023, to be called Santi Bhum and Thitti Bhum, cost of $115 million each.

RCL announced the acquisitions in August, but did not disclose additional information, other than the seller was a Panama-incorporated entity, Giant Line, and when the ships were to be delivered.

Linerlytica analyst Tan Hua Joo said RCL was likely to use them on its Persian Gulf service, which uses larger vessels.

This year, RCL has bought six ships, joining a rush for tonnage as it stands as the 23rd largest liner operator, owning 41 ships between 628 to 6,350 TEU.

https://www.shippingazette.com/menu.asp?encode=eng

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