Business

Chelsea inks shipbuilding contract with Japanese firm

Davao-based businessman Dennis Uy’s Chelsea Logistics and Infrastructure Holdings Corp. has signed a shipbuilding agreement with Fukuoka Shipbuilding Co. Ltd. for the construction of a 123-meter passenger ship roll on-roll off.

Davao-based businessman Dennis Uy’s Chelsea Logistics and Infrastructure Holdings Corp. has signed a shipbuilding agreement with Fukuoka Shipbuilding Co. Ltd. for the construction of a 123-meter passenger ship roll on-roll off.

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Scheduled for delivery in June 2021, the ferry ship can accommodate a total of 1,085 passengers, 24 buses and 11 trucks.

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Fukuoka has a history of partnership with Philippine shipping companies. In 1995, it built for Southwest Maritime Corp. 2 X 3500 CBM pressure type LPG carriers.

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“Our thrust of improving the shipping and logistics industry, together with Kukuoka’s more than seven decades of shipbuilding expertise, will allow us to accommodate the growing number of passengers in the Visayas and Mindanao regions while employing a significant number of Filipinos onboard,” said Chryss Alfonsus V. Damuy, president and CEO of Chelsea.

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