Iris Lines to resume domestic operations

0
858
Iris Lines' MV Iris Paoay. Photo from Royal Cargo.
  • Iris Lines is resuming its domestic operations following the temporary suspension of its international services
  • All resources previously assigned to international shipping are in the process of reallocation to support the domestic shipping service
  • Once done with the reallocation, Iris Lines said it will “start sailing within domestic waters immediately”
  • Iris Lines on May 19 announced the temporary discontinuance of its international services, saying it was negatively impacted by volatility in the shipping industry

Iris Lines, Inc. is resuming its domestic operations following the temporary suspension of its international services.

In a statement, Iris Lines said it “decided to shift the focus back to the Philippine domestic market” and that all resources previously assigned to international shipping are in the process of reallocation to support the domestic shipping service.

Once done, Iris Lines said it will “start sailing within domestic waters immediately.” No further details on the potential route have been provided yet.

Iris Lines on May 19 announced the temporary discontinuance of its international services, saying it was negatively impacted by volatility in the shipping industry and that unsustainable freight rates made it challenging to compete with foreign carriers.

The suspension affected its Thailand-Philippines-Singapore (SPX) service, which started only last February.

Iris Lines said its return to domestic shipping “will come with improved services to ensure a more pleasant customer experience.”

“We are excited to serve the domestic shipping market once again and continue our thrust to contribute to the growth of the Philippine blue economy,” the shipping line added.

Iris Lines, formerly Iris Logistics, Inc., is the shipping arm of Royal Cargo Group engaged in domestic and international maritime and transport services. Iris Lines’ main goal is to promote the participation of Philippine-owned carriers in the Association of Southeast Asian Nations trade lane and to increase the competitiveness of Philippine exporters and importers.

According to the group website, Iris Lines has three vessels with 1,100 twenty-foot equivalent unit capacity each. MV Iris Paoay was used in its international services.