Chelsea to assume ‘bigger role’ in moving Philippine economy with expanded fleet

SHIPPING and logistics company Chelsea Logistics Holdings Corp. (CLC) is “harnessing” the opportunities trade growth brings within and outside the Philippines, vowing to have a “bigger role in moving the economy” with its expanded fleet.

Chryss Alfonsus V. Damuy, the company’s president, said his group expects to handle more customers this year given its recent strategic acquisitions of ships since its debut to the stock exchange this month last year.

“As soon as our newly acquired vessels could go full speed, we will be able to cater to even more businesses, passengers and consumers in more routes. This will subsequently boost and strengthen our capacity to invest more and realize bigger gains,” he said.

With the addition of one medium ranger tanker, five tugboats, six cargo freight vessels, 15 roll-on, roll-off and passenger vessels, and one floating dock, the company now has a 88-strong fleet, touted as the largest shipping force in the Philippines.

“Our strategic acquisitions have positioned CLC to harness the opportunities brought about by continued growth of commerce within and outside the archipelago,” Damuy said.

He noted that his group will continue to acquire more vessels, as the economy continues to expand, and demand for logistics, shipping and passenger services continue to grow.

“We will continue growing our capacity and reach to realize more value for our investors, better serve our customers and contribute bigger to our economy,” Damuy said.

Under its wing are interisland ferry service companies Starlite Ferries Inc., Trans-Asia Shipping Lines Inc., and end-to-end supply chain firm Worklink Services Inc.

“Our vision to become the finest shipping and logistics company known for its unrivalled customer service has guided our endeavors in the past year,” CLC Founder and Chairman Dennis A. Uy said.

 

Source: https://businessmirror.com.ph/chelsea-to-assume-bigger-role-in-moving-philippine-economy-with-expanded-fleet/

Author: Lorenz S. Marasigan

Published Date: August 15, 2018