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Ship catches fire off Lapu-Lapu

A passenger vessel that ran aground in the waters off Lapu-Lapu, Cebu last December caught fire yesterday morning.

Stock Commentary: Quick notes from around the market

A lack of competition is probably pretty great to GMA7 executives and shareholders, but is it in the best interests of consumers?

Trans-Asia gets formal notice of gov t tax perks for new vessel

Government grants tax perks to Uy s shipping firm | Bernadette D Nicolas

THE Cabinet-level Fiscal Incentives Review Board (FIRB) approved tax incentives for Trans-Asia Shipping Lines Inc. (Tasli), a company owned by Dennis Uy’s Chelsea Logistics Corp. In a statement last Tuesday, the Department of Finance (DOF) reported that the tax incentives approved by the FIRB chaired by Finance Secretary Carlos G.…

Trans-Asia s new eco-friendly vessel plies Cebu-CDO-Cebu route | Hellenic Shipping News Worldwide

Trans-Asia’s new eco-friendly vessel plies Cebu-CDO-Cebu route The travel and tourism industry is one of the most affected industries during the pandemic. It has temporarily put everyone to a standstill. However, the Philippines being an archipelago with thousands of islands, relies on a reliable and quality means of transportation to take people and goods from one place to another. Given this circumstances, on July 17 in Cebu City, Trans-Asia Shipping Lines, which is owned and managed by Chelsea Logistics and Infrastructure Holdings Corp., introduced its newest ship MV Trans Asia 21 (MV TA21). It is part of the Chelsea Group’s program to move forward with its commitment to provide Filipinos a fleet of modern, fuel efficient, clean, and superior quality ships.

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