Lorenzo Shipping taps into NMC Container Lines’ resources

Lorenzo Shipping Corporation (LSC) is entering into time charter agreements (TCAs) with sister carrier NMC Container Lines, Inc. (NMCCLI) for three years to expand…

Lorenzo Shipping narrows first-half loss to P40M

The reduction in direct costs helped narrow domestic carrier Lorenzo Shipping Corporation’s (LSC) net loss in the first half of 2018 to P40.639 million…

Lorenzo Shipping predicts 10% volume growth amid robust FMCG demand, ongoing infra development

Domestic carrier Lorenzo Shipping Corporation (LSC) is eyeing higher volumes this year as it is optimistic about the positive effect on shipping of the…

Lorenzo Shipping wins petition to drop BIR’s P2B tax case

The Philippine Commission on Tax Appeals (CTA) has granted Lorenzo Shipping Corporation’s (LSC) petition to cancel the P2-billion tax deficiency case filed against the…

Recovery program cuts Lorenzo Shipping net loss in first three quarters

Lorenzo Shipping Corp. (LSC) has narrowed its net loss for the first nine months of 2017 to P119.531 million from P249.159 million in the…

Lorenzo Shipping narrows loss to P78M in first semester

Philippine carrier Lorenzo Shipping Corporation (LSC) has reported a narrowed net loss of P78.447 million in the first half of 2017, brought about by…

Umali resigns from Lorenzo Shipping

Roberto Umali has tendered his resignation as a director of Philippine domestic carrier Lorenzo Shipping Corp. (LSC) effective immediately. In a disclosure to the…

Lorenzo Shipping loss widens to P365M in 2016

Listed Philippine freight carrier Lorenzo Shipping Corporation (LSC) broadened its loss to P365 million in 2016 from a loss of P231 million in 2015.…

Lorenzo Shipping encounters bigger loss amid higher shipments

Domestic liner Lorenzo Shipping Corporation (LSC) posted a wider net loss for the first nine months of 2016 to P249 million from a P183…

Ballooning costs further inflate Lorenzo Shipping’s loss in first half

Philippine carrier Lorenzo Shipping Corporation’s (LSC) net loss widened to P231 million in the first half of the year from P18 million in the…

Umali retires from Lorenzo Shipping

Roberto A. Umali has retired as president of domestic carrier Lorenzo Shipping Corporation (LSC), replaced by Doris Magsaysay-Ho. In a disclosure to the Philippine…

Lorenzo Shipping sees reversal of fortunes in 2015

Philippine carrier Lorenzo Shipping Corporation (LSC) reported a net loss of P231 million in 2015 from a net income of P44 million in 2014,…

Lorenzo Shipping eyes 5% more volume in 2015

Listed domestic carrier Lorenzo Shipping Corp.’s (LSC) target volume for 2015 is 90,000 twenty-equivalent units, up 5.2% from the 85,521 TEUs handled in 2014,…

PH box liners upbeat about second half

Philippine shipping lines may not be forthcoming with operational numbers ­– which to all but a couple of listed companies seem to be closely…