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News / RCL sells more older box ships for scrap as earnings fall

20230831 - ML - Jitra Bhum
Photo: Paul Jiang
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Thai regional box carrier Regional Container Lines (RCL), seeing falling profits, has stepped up the demolition of its elderly tonnage.

This month, with container freight rates still under pressure, RCL said its net profit for Q2 23 was down 37% year on year, to THB576m ($16.33m).

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    Regional Container Lines (RCL) Ship demolition