Philippine shipping firms planning Asian operations
SOME SHIPOWNERS in the Philippines are considering expanding their operations to Asian destinations, a move seen to augment capacity amid a global shortage in containers and vessels, a Maritime Industry Authority (MARINA) official said.
MARINA has “granted consent” for bareboat chartering by Iris Logistics, Inc. and PNX-Chelsea Shipping Corp., the agency’s Deputy Administrator for Operations Nanette V. Dinopol told BusinessWorld in a phone interview.
The two domestic shipping companies can already “engage in regional operation,” she said.
“I heard that there are other shipowners who are interested, so we are still waiting for them to file their applications. For now, there are only two vessels.”
Story at
https://www.bworldonline.com/philippine-shipping-firms-planning-asian-operations/#DOTrPH

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