Browsing Tag

Lorenzo Shipping Corp

6 posts

Lorenzo Shipping: 53% reduction in 2017 loss shows business plan working

Philippine liner Lorenzo Shipping Corp. (LSC) reported a net loss of P171.796 million in 2017, down 53% from the P365.301 million loss in 2016,…
  • April 23, 2018
  • 2 minute read

Lorenzo Shipping losses balloon by 47,128% in Q3

Philippine listed domestic carrier Lorenzo Shipping Corp. (LSC) reported a net loss of P164.54 million for the third quarter of the year from only…
  • November 20, 2015
  • 2 minute read

Lorenzo swings to loss in a challenging first half

A market slowdown cut the cargo volume handled by listed Philippine domestic carrier Lorenzo Shipping Corp., leading to a net loss of P18.153 million…
  • August 19, 2015
  • 2 minute read

Lorenzo Shipping almost doubles capital outlay for 2015

Listed Philippine carrier Lorenzo Shipping Corp. is allotting P600 million as capital expenditure for this year, for use in acquiring land-based equipment and facility as…
  • June 29, 2015
  • 3 minute read

PH shipping lines craft industry roadmap

The domestic shipping sector is crafting a 20-year maritime roadmap to help guide Philippine policy makers, according to Doris Magsaysay-Ho, chief executive officer and president…
  • June 29, 2015
  • 3 minute read

Lorenzo’s profit hit by cargo squeeze, rate war

LISTED Philippine container carrier Lorenzo Shipping Corp. said revenue for the first half of the year fell 5.5% to P862.75 million from P912.89 million…
  • August 21, 2013
  • 1 minute read