POST Online Media Lite Edition


Thailand set to establish national shipping line in one year

Christian Fernsby |
Transport Minister Saksayam Chidchob has revealed that the Port Authority of Thailand is studying the possibility of establishing a national shipping line.

Article continues below

Topics: THAILAND   

The move would reduce Thailand’s dependence on foreign ships, cut transportation costs and the freight deficit, and enhance the competitiveness of Thai shipping, said Saksayam.

He was speaking after Wednesday’s meeting of the ministry’s national shipping line committee, chaired by Deputy Transport Minister Atirat Rattanaset.

The meeting agreed on an action plan to launch the national shipping line within one year.

The Port Authority of Thailand was tasked with conducting a feasibility study and presenting the results to the National Shipping Line Preparation Committee. The project will then be proposed to Cabinet.

What to read next

China may buy Thai rubber at price above market value
Europe invites Greece to better target its tonnage tax
Thailand, Turkey finalizing free trade agreement