Home » Maritime » Aboitiz Transport buys 2 vessels

ABOITIZ Transport System (ATS), the country’s largest domestic shipping operator, has purchased two second-hand roro-passenger vessels from Japan worth $7.5 million each.

The MV Sunflower Kogane from The Diamond Ferry Co, Ltd Oita, Japan and MV Sunflower Nishiki from Kansai Kisen Kaisha each has a 9,700 gross tonnage, 400-twenty-foot equivalent unit capacity, and can carry about 2,000 passengers. Delivery is expected next month.

“Aiming towards operational excellence, the vessel purchase is intended to modernize its current fleet to achieve greater efficiencies,” ATS said in yesterday’s disclosure to the Philippine Stock Exchange. “These vessels are also expected to provide additional options for SuperFerry passengers traveling during this coming summer season and better support the growing value added business of 2GO.”

At the moment, ATS has five vessels under the SuperFerry brand. Six others are under sister company, Cebu Ferry.

Last year, ATS chartered vessels to accommodate higher cargo space demand due to the grounding of all Sulpicio Lines vessels following a maritime disaster.

For the first three quarters of 2009, ATS registered a net income of P428.8 from the previous year’s net loss of P49.4 million.


No comments yet... Be the first to leave a reply!

Leave a Reply

Your email address will not be published. Required fields are marked *

2 × four =

Please support the site
By clicking any of these buttons you help our site to get better
Social PopUP by SumoMe
Copy Protected by Chetan's WP-Copyprotect.