Thailand to start shipping line to boost status as logistics hub

BANGKOK (Bloomberg): Trade-reliant Thailand plans to launch a national shipping company next year to bolster its trade capabilities, reduce transport costs and become a bigger player in global logistics as the Strait of Malacca bypass opens.

"With Covid, we’re facing container shortages, so a lot of our goods can’t be shipped and some products will perish. Losses are incalculable,” Transport Minister Saksayam Chidchob said in an interview.