Chelsea Logistics buys SuperCat from 2GO

Chelsea Logistics and Infrastructure Holdings Corp. (CLC) said it acquired 100% of The SuperCat Fast Ferry Corporation from 2GO Group Inc. last October 9.…

Chelsea bags original proponent status for Davao port proposal

Chelsea Logistics and Infrastructure Holdings Corp. (CLIHC) has been granted the original proponent status (OPS) for its unsolicited proposal to modernize Davao Sasa Port. CLIHC…

Chelsea Logistics launches new RoPax ferry

Chelsea Logistics and Infrastructure Holdings Corp. launched in Japan on July 5 the 98-meter bed/seat roll-on/roll-off passenger (RoPax) ferry, the group’s 10th vessel of…

Chelsea taps Japanese shipbuilder to build passenger ro-ro ship

Chelsea Logistics and Infrastructure Holdings Corp. (CLIHC) has inked an agreement with Japan-based Fukuoka Shipbuilding Co. Ltd. for the construction of a 123-meter passenger…

Chelsea subsidiary partners with Japanese firm for fleet upgrade

Kumiai Senpaku Co. Ltd., one of the largest independent shipping companies in Japan, has agreed to finance the construction and acquisition of a passenger…

PNOC, Chelsea Logistics mull joint fuel storage, terminal project

Chelsea Logistics Holdings Corp. (CLHC) and Philippine National Oil Company (PNOC) are exploring the possible joint development of a fuel and liquefied natural gas…

Chelsea Logistics books 21% income growth in Q1

Chelsea Logistics and Infrastructure Holdings Corp. (CLIHC) earned P139 million in net income in the first quarter of 2019, 21% higher than the P115…

2GO’s loss drags Chelsea Logistics deeper into red in 2018

Chelsea Logistics Holdings, Inc. (CLHC) has reported a net loss of P550.533 million in 2018, wider than the P161.22 million loss reported in 2017.…

PCC clears way for Chelsea acquisition of Trans-Asia

The Philippine Competition Commission (PCC) will no longer take further action on Chelsea Logistics Holdings Corp.’s (CLHC) proposed acquisition of 2 million common shares…

Chelsea, Mega 7 regional airports proposals secure original proponent status

The Department of Transportation (DOTr), through the Civil Aviation Authority of the Philippines (CAAP), has granted original proponent status (OPS) to Chelsea Logistics Holdings…

PCC begins review of Udenna takeover of Trans-Asia after notification filed

The Philippine Competition Commission (PCC) has started phase one of its review of Udenna Corporation’s takeover of Trans-Asia Shipping Lines following the holding company’s…

Chelsea Logistics seeks to rehabilitate Davao-Sasa port for P11.2B

Chelsea Logistics Holdings, Corp. (CLHC) has submitted an P11.2-billion unsolicited proposal to rehabilitate and develop Davao-Sasa port. In a regulatory disclosure, CLHC said the…

Chelsea Logistics’ fleet continues to expand with launch of 2 vessels

Chelsea Logistics Holdings Corp. (CLHC) inaugurated an oil tanker, the Philippines’ biggest vessel to date, and a brand-new roll-on/roll-off passenger (RoPax) ship, the latest…

Chelsea’s revised articles of incorporation paves way for entry into other logistics ventures

The Securities and Exchange Commission (SEC) has approved the amendment of Chelsea Logistics Holdings Corporation’s (CLC) articles of incorporation to allow the company to…

Chelsea Logistics profit climbs 29% in H1

Chelsea Logistics Holdings Corp. (CLC) posted a net income of P360 million in the first half of 2018, 29% higher than 278 million reported…

Starlite Ferries introduces new Matnog-Allen swing

Starlite Ferries Inc. (Starlite), a wholly owned subsidiary of Chelsea Logistics Holdings Corp. (CLC), has launched daily services on the route between Matnog in…

Chelsea income soars 326% in Q1 as all units turn in profit

Chelsea Logistics Holdings Corp. (CLC) reported a net income of P115 million in the first quarter of 2018, which is 326% higher than the…

Newly delivered tanker enlarges Chelsea’s capacity by 88%

Chelsea Logistics Holdings Corp. (CLC) has accepted the delivery of its first medium- range (MR) tanker, which has increased its fleet capacity by 88%…

2GO seeks to merge with NENACO

2GO Group, Inc. disclosed plans to merge with parent company Negros Navigation Corp., Inc. (NENACO). In a regulatory disclosure, 2GO said that at the…

Chelsea joins firms vying to develop regional airports

Chelsea Logistics Holdings Corp. (CLC) has submitted an unsolicited public-private partnership (PPP) proposal for the bundled development, operation, and management of Davao and New…