Reference
·Primary source
Regional Container Lines (RCL) revenue (2020-2024)
~THB 25-28B (2024)
Regional Container Lines (RCL, SET: RCL), Thailand's largest publicly listed container shipping operator, posted approximately THB 25-28 billion in revenue for FY2024 per its SET filings, normalising sharply from the 2021-2022 freight-rate windfall that pushed top line above THB 60B. The 2020 base of approximately THB 13B reflected pre-spike intra-Asia rates; 2021 jumped to THB 32B and 2022 peaked near THB 64B as Shanghai Containerized Freight Index (SCFI) and intra-Asia spot rates surged. The 2023-2024 reversion mirrors the global container-rate normalisation. RCL focuses on intra-Asia feeder services from the Thai Gulf to ASEAN, North Asia, and Indian Subcontinent ports.
Figure in context
Regional Container Lines (RCL, SET: RCL), Thailand's largest publicly listed container shipping operator, posted approximately THB 25-28 billion in revenue for FY2024 per its SET filings, normalising sharply from the 2021-2022 freight-rate windfall that pushed top line above THB 60B. The 2020 base of approximately THB 13B reflected pre-spike intra-Asia rates; 2021 jumped to THB 32B and 2022 peaked near THB 64B as Shanghai Containerized Freight Index (SCFI) and intra-Asia spot rates surged. The 2023-2024 reversion mirrors the global container-rate normalisation. RCL focuses on intra-Asia feeder services from the Thai Gulf to ASEAN, North Asia, and Indian Subcontinent ports.
Interpretation notes
What this tells you
Regional Container Lines (RCL, SET: RCL), Thailand's largest publicly listed container shipping operator, posted approximately THB 25-28 billion in revenue for FY2024 per its SET filings, normalising sharply from the 2021-2022 freight-rate windfall that pushed top line above THB 60B. The 2020 base of approximately THB 13B reflected pre-spike intra-Asia rates; 2021 jumped to THB 32B and 2022 peaked near THB 64B as Shanghai Containerized Freight Index (SCFI) and intra-Asia spot rates surged. The 2023-2024 reversion mirrors the global container-rate normalisation. RCL focuses on intra-Asia feeder services from the Thai Gulf to ASEAN, North Asia, and Indian Subcontinent ports.
What not to do with it
Values in THB billion. Reflects the 2021-2022 freight-rate spike and the 2023-2024 normalisation.
Related figures
Adjacent numbers that add context without drowning the value.
Laem Chabang Port TEU throughput (2020-2024)
Port Authority of Thailand, PAT Annual Report
Bangkok Port and Map Ta Phut cargo throughput (2024)
Port Authority of Thailand, Industrial Estate Authority of Thailand, PTT and IRPC annual reports
Laem Chabang Phase 3 expansion timeline and capacity
Eastern Special Development Zone Office, PAT concession documents, Gulf Energy Development SET filings
IMO 2030 CII compliance burden on Thai-flag fleet
International Maritime Organization, Thai Shipowners' Association, RCL/Thoresen/PSL SET disclosures
Thailand container throughput by port (mix share)
Port Authority of Thailand, PAT Annual Report
Reefer container slots at Laem Chabang
PAT terminal-operator concession disclosures, Hutchison Ports Thailand, LCMT, TIPS, Thai Frozen Foods Association
Report context
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