Amid the financial backlash of the recession triggered by the pandemic, the country’s fastest growing shipping and logistics company, Chelsea Logistics and Infrastructure Holdings Corp., expressed confidence that the shipping business will return to profitability as demand for the supply of goods increases.
Chelsea Group President and CEO Chryss Alfonsus Damuy said the shipping conglomerate may have been badly hit by the pandemic but he is convinced that there is a light at the end of the tunnel.
“The Philippines, being an archipelagic country, composed of 7,641 islands, is largely dependent on shipping to move people, goods, and services across the globe. We are certain that the shipping and logistics industry will recover faster because it is essential and a necessity in global trade,” Damuy said.
Udenna Group is controlled by Phoenix Petroleum Corp Chairman Dennis Uy.
RoPax line With this, Damuy announced its newest fleet member, RoPax vessel MV Trans-Asia 21 (TA 21), has completed its sea trials last 13 April in Fukuoka, Japan.
The vessel, which measures 123 meters in length and weighs 8,800 tons, can carry a total of 1,085 passengers, 24 buses and 11 trucks, so far the largest and newest RoPax built and for delivery to the Philippines.
“During its sea trials, MV Trans-Asia 21 easily reached its designed top speed of 20.1 knots and successfully hurdled all the necessary tests to ensure safe and efficient operation of the vessel. The ship was constructed at the Fukuoka Shipyard in Japan and internationally classified by Nippon Kaiji Kyokai (ClassNK), one of the largest and most reputable ship classification agencies in the world,” according to Damuy.