RCL losses deepen in second quarter
Intra-Asia carrier RCL said its second quarter net loss more than doubled from the same period in 2010, to $16 million.
The Thailand-based line's second quarter volume declined 3 percent to 620,262 TEUs. Revenue decreased 11 percent to $117 million. The line lost nearly $24 million in the first quarter.
RCL operates a fleet of 38 vessels with sizes ranging between 500 TEUs to 2,732 TEUs. According to maritime consultant Alphaliner, it is the 27th-largest liner carrier in the world by fleet capacity.
RCL losses deepen in second quarter
