Thailand To Start National Shipping Company To Promote Maritime Trade

Thailand’s Transport Ministry will establish a national shipping firm to promote maritime trade, per Bangkok Post’s report.

Manaporn Charoensri, the deputy transport minister, asked the Port Authority of Thailand (abbreviated the PAT) to conduct feasibility research for the whole cabinet to review. Besides, the Ministry must also decide if the shipping firm should be run as a state firm or following a public-private partnership model.

Initially, the shipping major would contribute approximately 2% of Thailand’s import and export trade value or nearly 31,005 TEUs.

Per sources, the national shipping line targets starting operations with four container vessels.

References: Supply Chain Brain, Bangkok Post

Disclaimer :
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

About Author

Marine Insight News Network is a premier source for up-to-date, comprehensive, and insightful coverage of the maritime industry. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on delivering accurate, engaging, and relevant information.