Regional Container Lines (RCL) is poised to make its largest acquisition to date.

The Thai-listed, intra-Asia operator is reportedly paying $50m to purchase the 8,600-teu Mediterranean Bridge (built 2011).

The deal points to a further surge in values for vessels of this category.

In 2017, the Mediterranean Bridge — formerly the Hanjin New York — was bought for a reported $25m by South Korean owner Sinokor Merchant Marine.