Museum currently exhibits 3161 unique bags.
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As usual, a fastidious Sickbag braniac comes to the rescue. Maciej Babinski says, "SNCF stands for Société Nationale des Chemins de fer Français, which roughly translates to "the French Railroad Company". Presumably, the Sealink is a ferry they operate near a train line somewhere. The even have a webpage" Thanks Maciej (however you pronounce that!)
YL Tan, a wealth of bag info, claims the 3rd character just says "bag". I wonder what a psychiatrist would say about that! I see a happy puppy dog facing right with a fat, disfigured tail.
Update: Barf Bag authority (or at least Chinese authority), YL Tan, says, "The words on this bag are:Shanghai AirlinesVomitting and discarding of fruit peels etc. useShanghai Airline Company
The logo is perfectly understandable to the average Chinese; it depicts a stylised imperial crane flying across a blue sky. So please don't diss foreign barfbags you don't understand, OK? :)
This bag is very similar to the other Shanghai Airlines bag that's green and blue.
Note: Such attention to detail has been paid by designers to this bag, that the people on the front are resting on different colored orbs when they appear on the back.