RCL began as a common feeder operator between Bangkok and Singapore in 1979, although Lloyds gives a 1981 formation. It was jointly formed by Singapore Shipping Corporation and Ngow Hock Agency and listed on Thailand’s stock exchange in 1988. Ships use Bhum as the second name. Managers included Euro-Asia, Ship Control-Services and Thai Ship Management. Operating interests included RCL Shipmanagement and Bangkok-based Siam Paetra International, formed in 1990; the Singapore RCL company appears in the same management structure. RCL also participated in Australia Southeast Asia Service, later Service A Plus.
Thailand, Bangkok.
Keep the explicit scope label independent; no alias or company identity is inferred.