Chelsea investing $34 million in two new ships
By Denise A. Valdez
Reporter
CHELSEA Logistics and Infrastructure Holdings Corp. is investing around $34 million (about P1.7 billion) for the acquisition of two new ships this year, which will be used to boost its existing passenger routes and open new ones.
Chelsea President and Chief Executive Officer Chryss Alfonsus V. Damuy said in a mobile message Friday the company received a 67-meter roll-on, roll-off passenger (ropax) vessel in April, which will be deployed for the Cebu-Surigao-Cebu route in July.
“Next month, we will deploy one brand-new ship for the Cebu-Surigao-Cebu (route)… We (also) have a big one coming in November,” he told BusinessWorld.
Mr. Damuy noted one vessel is priced around $14 million (about P720 million), while the other is estimated at $20 million (about P1 billion). No firm plans have been made yet on the route where the 98-meter ship arriving in November will be deployed.
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