Chelsea Logistics Holdings Corp. saw earnings surge in the first quarter of 2018, bolstered by recent acquisitions. Chelsea Logistics, controlled by businessman Dennis Uy, posted a profit of P115 million during the three-month period, up 326 percent, as shown in…
CHELSEA Logistics Holdings Corp. (CLC) announced Friday that its subsidiary, Starlite Ferries Inc., had opened a new route between Matnog, Sorsogon and Allen, Northen Samar in April. “M/V Archer departed Roxas, Mindoro on Wednesday, April 18 at 6 p.m., for…
CHELSEA Logistics Holdings Corp. (CLC) is in “advanced” talks with foreign companies seeking to become the third entrant in the Philippine telecommunications industry. “We’re in talks with some of the local players… We’re in advanced talks with players from countries…
SHIPPING and logistics company Chelsea Logistics Holdings Corp. (CLC) is “harnessing” the opportunities trade growth brings within and outside the Philippines, vowing to have a “bigger role in moving the economy” with its expanded fleet. Chryss Alfonsus V. Damuy, the…
Chelsea Logistics Holdings Corp. will acquire six additional vessels for $100 million over the next two to three years. “We have six vessels (lined up)… two vessels every one year,” CLC president and chief executive Chryss Alfonsus Damus, told reporters…
MANILA, Philippines – Chelsea Logistics Holdings Corp. (CLC) is set to operate the Philippines’ biggest sea vessel and a new roll-on, roll-off (Roro) passenger ship. The listed company inaugurated on Friday, October 5, M/T Chelsea Providence and M/V Salve Regina…
The Philippine Competition Commission (PCC) has started reviewing a deal made by a company led by Dennis Uy, which will strengthen its position in the passenger and cargo shipping market by acquiring its competitor. According to the anti-trust body, Chelsea…
The Department of Transportation, through the Civil Aviation Authority of the Philippines, granted the original proponent status to Chelsea Logistics Holdings Corp. for the development, 30-year operation and maintenance of Davao International Airport worth P49 billion. Under its unsolicited proposal,…
Philippine passenger and cargo carrier Chelsea Logistics Holdings Corporation plans to raise up to P8 billion through an initial public offering (IPO) in July to fund its expansion program. The shipping arm of diversified holding company Udenna Corp. said it…
Philippine passenger and cargo carrier Chelsea Logistics Holdings Corporation plans to raise up to P8 billion through an initial public offering (IPO) in July to fund its expansion program. The shipping arm of diversified holding company Udenna Corp. said it filed…
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