Flor De Caña Shipping, MSI bless tanker after drydocking
Filipino shipping firm Flor de Cana Shipping (FDCSI), the shipping arm of Tanduay Distillers (TDI), and Magsaysay Shipmanagement (MSI), jointly held the formal blessing of the 'Uncle Chick' recently at Manila's North Harbor after its successful drydocking.
The 'Uncle Chick' is a 1,250DWT chemical tanker with a volume capacity of 1.2 million litres, and is used for transporting food-grade ethanol alcohol derived from sugarcane, to Bacolod, Cagayan de Oro, Batangas, and Manila.
The vessel is among 45 ships being managed by MSI, consisting of product and chemical tankers, petroleum barges, container ships, general cargo ships, fast-ferries, and specialized vessels in the domestic trade.
FDCSI and MSI's business relationship dates back to more than 20 years, with vessel operations handled by the former, and complete ship management services by the latter. "We are looking forward to another 20 years of business partnership with Magsaysay Transport and Logistics," says TDI's CFO Nestor Mendones.
"We are grateful for the trust that TDI has bestowed on our organisation," Roberto Umali, the President of MSI, added.
TDI is a subsidiary of Tanduay Holdings (THI), a holding company with interests in liquor, distillery, and finance businesses through its subsidiaries and affiliates.
MSI, on the other hand, is a member of the Magsaysay Transport and Logistics Group primarily involved in: full-container liner shipping, third-party logistics, container yard facilities, transport refrigeration, tankering and petroleum barging, marine bunkering, agency and brokerage, chassis leasing and hauling, tour operations and ferry charters, ship management, technical marine repairs and services, marine consultancy and offshore marine support services.
Source: Manila Bulletin
Image Source: CDODev.com
