Regional Container Lines (RCL) has slipped to a second quarter loss of THB 183m ($5.3m) on the back of deteriorating market conditions.

It said the result marked an improvement on the THB 243m loss seen in the first quarter of 2016, but worse than the year ago profit of THB 55m.

RCL blamed the increasing spill-over of tonnage into the intra-Asian market and negative trade growth for the disappointing result.

The