Higher fuel costs push RCL Group to a loss
A 33.6% surge in bunkering costs pushed Thai-based Regional Container Lines Group into the red in 2018 despite growing revenue and liftings. The company reported a Baht356m ($11.3m) loss for the year against a 2017 profit of Baht533.2m
The company posted total expenses of Baht12.7bn ($405m), a 13% increase on the year before