Government officials in Thailand confirmed that they are moving forward with their exploration of developing a national shipping line. A report in the Bangkok Post detailed the plans saying the first phase would focus on domestic shipping to serve ports not currently reached by private companies.
The decision to move forward with the plans for a national shipping company comes two years after the first reports that Thailand was exploring relaunching its shipping industry. Just over a decade ago, Thailand disbanded its national shipping line after years of losses, but the government now wants to expand trade. In 2021, they estimated that Thai shipping operations transported less than 10 percent of the country’s goods.
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