Industry stakeholders pursue capital intensive projects for shipping

By The Manila Times

Dec 16, 2020 12:03 am

The Integrated Seafarers of the Philippine (ISP) has started funneling significant investments that could reach P1 billion in several projects that include a shipyard in a bid to build five vessels that will include a training ship with 3,000 deadweight tonnage (DWT) and seven more small vessels for domestic shipping in the next five years.

ISP President Capt. Gaudencio MoralesCONTRIBUTED PHOTO

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.