RCL posts higher Q3 profit and orders 12 containerships

Regional Container Lines (RCL) reported a sharp increase in third-quarter profit as higher freight rates supported earnings despite lower container volumes.

The Thailand-based shipping company recorded a net profit of THB 3.26 billion for the three months ended 30 September 2026. This represents a 64.7% increase from THB 1.98 billion in the previous quarter.

Freight income rose by THB 1.05 billion, or 10.4%, compared with the second quarter. Meanwhile, freight and operating costs declined by 2.4%, supporting the improvement in profitability.

RCL attributed the stronger earnings partly to higher freight rates caused by congestion at major ports and the ongoing conflict in the Middle East.

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