Chelsea income deflates 54% in first 9 months

Chelsea Logistics and Infrastructure Holdings Corp. (CLIHC) reported a 54% decline in net income for the first nine months of 2019 to P20 million…

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.…

Trans-Asia strikes charter deal for ro-ro passenger ship for Visayas, Mindanao

Domestic carrier Trans-Asia Shipping Lines, Inc. has inked a 10-year bareboat charter agreement with Southern Pacific Holding Corp. (SPHC) for a 123-meter roll-on/roll-off (Ro-Ro)…

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…

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 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…

Chelsea Logistics’ newly acquired vessels to hike earnings 10% by late 2017

Chelsea Logistics Holdings Corp’s (CLC) new vessel acquisitions are expected to increase fleet capacity by 10% and “should start to have meaningful contribution to…

Chelsea Logistics announces nearly 300% income growth after 2GO purchase

Chelsea Logistics Corporation (CLC) reported a 298% surge in net income for the first nine months of 2017 to P405.7 million, up from P102…

Logistics firm Worklink is Chelsea Logistics’ latest acquisition

Chelsea Logistics Holdings Corp. (CLC) has acquired local logistics company Worklink Services, Inc. (WSI) in line with its ongoing effort to expand operations and…

Competition body oks Chelsea Logistics’ Starlite Ferries purchase

The Philippine Competition Commission (PCC) has approved Chelsea Logistics Holdings Corp.’s (CLHC) acquisition of Starlite Ferries, Inc. In decision number 29 M-036/2017 signed October…

Chelsea Logistics seeks out port development, takeover deals

Newly listed Philippine company Chelsea Logistics Holdings Corp. (CLC) is on the lookout for opportunities to go into port development and acquire other logistics…