Negros Navigation
Negros Navigation Co., Inc. (NENACO) was one of the oldest domestic shipping companies in the Philippines.[1] It was also one of the largest companies in the passenger transport business in the Philippines.[2] Its main hub was the renowned Pier 2 in Manila North Harbor. NENACO later merged with SuperCat, SuperFerry and Cebu Ferries to form 2GO Travel, the second largest Philippine shipping merger next to the William Lines-Gothong Lines-Aboitiz Shipping merger (WG&A) in 1996. At the same time, the China-Asean Investment Cooperation Fund, a private equity fund wholly owned by the government of the People's Republic of China through an equity infusion, gained a controlling interest in Negros Navigation and subsequently changed the company into the 2GO Group with 2GO Travel, its shipping-company subsidiary.
Formerly | NENACO |
---|---|
Type | Subsidiary |
Founded | June 26, 1932 |
Defunct | 2012 |
Fate | Merged with Aboitiz SuperFerry to form 2GO Travel |
Successor | 2GO Travel |
Headquarters | |
Area served | Philippines |
Parent | 2GO Group |
Website | negrosnavigation |
History
It was organized and registered with the Securities and Exchange Commission (SEC) on July 26, 1932, for the purpose of transporting passengers and cargo at ports of call in the Philippines.
In the 1960s Nenaco was the first among the domestic shipping companies to operate brand new, fast and luxurious air conditioned passenger ships. In the 70s, it was first to construct and operate a modern passenger terminal in Manila's North Harbor and likewise pioneered in offering special cruises to the Philippine tourist spots using its coastwise vessels. In the 1980s Nenaco launched its containerization program and ushered a new industry trend on the use of roll-on roll-off (“RORO”) vessels. It also deploys shuttle buses in Baclaran, Cubao and Alabang which takes passengers to the pier terminal.[3]
In the 1990s, Nenaco became the first Philippine shipping company to be listed in the stock exchange. Proceeds amounting to P916.86 million from the initial public offering (IPO) were used to support the “Globalization Program” of the company that involved fleet expansion and service modernization.
Destinations
Negros Navigation served the following destinations in their final year, 2012.
Represented 2GO Travel
Vessels
Negros Navigation operated the following passenger vessels until 2012:
- St. Joseph the Worker
- St. Peter the Apostle
- St. Michael the Archangel[4] (final flagship)
- St. Ezekiel Moreno[5]
- San Lorenzo Ruiz[5]
- Mary Queen of Peace[6]
Cargo vessels
- San Agustin Uno
- San Rafael Uno
- San Rafael Dos
Previous NENACO vessels under the management of:
- Antonio G. Hechanova, EVP/GM 1970-1979
- Daniel L. Lacson Jr. President/Chief Operating Officer 1979-2000
- Emilio M. Capalla Jr. Head, Vessel Operation Division 1979-1995
- Capt. Reynaldo T. Marabe Fleets superintendent
Cruise vessel: Skipper
- MV Dona Montserrat: Capt. Antonio Batapa/Capt. Gerry Chio
Passenger vessels: Skippers
- MV Dona Florentina: Capt. Dominador Hortillosa Sr./Capt. Demetrio Britania
- MV Don Julio: Capt. Reynaldo T. Marabe/Capt. Wilhelmino Subang
- MV Don Claudio: Capt. Federico Tupaz/Capt. Melencio Barranco
- MV Don Juan: Capt. Antonio Tendencia/Capt. Demetrio Britania
- MV Don Juan (at the time of the incident): Capt. Roger Santisteban
- MV Don Vicente:
- MV Princess of Negros: Capt Wilfredo Chu
- MV Santa Ana
RoRo vessels: Skippers
- MV Santa Florentina: Capt. Boy Lanceta/Capt. Tendencia
- Santa Maria: Capt. Ephraim Bayaban
Previous CAT (Coastal Aquatic Technology) Craft under the supervision of:
- Bryant Peakpail 1994-2000
- Anna Butalid Blindone 2000-2003
Cargo vessel: Skipper
- MV Connie I : Capt. Roger Santisteban
Container vessels: Skippers
- MV Connie II: Capt. Rafael Dalde
- MV San Sebastian: Capt. Benjamin Montinola
- Ferry boats: Skippers
- MV Don Vicente: Capt. Rommel Chu
- MV Princess of Negros: Capt. Tim Nepomuceno
Incidents
On April 22, 1980, MV Don Juan, which was bound for Bacolod City, sank 20 nautical miles (37 km) off Maestre de Campo Island, Romblon after colliding with the oil tanker M/T Tacloban City. Reported casualties were 18 dead and 115 missing, with 745 survivors.[7][8][9] This incident later served as an inspiration for the grandiose MassKara Festival of Bacolod.
See also
References
- "SEC Form 17-A Annual Report 2013" (PDF). Securities and Exchange Commission. May 16, 2014. Archived from the original (PDF) on July 31, 2019. Retrieved July 31, 2019.
- Austria, Myrna S. (2003). "Philippine Domestic Shipping Transport Industry: State of Competition and Market Structure" (PDF). Philippine Institute for development Studies. p. 38. Retrieved June 6, 2008.
- Lopez, Edu (August 6, 2007). "Nenaco aims to become logistics partner for SMEs". Manila Bulletin. Retrieved June 6, 2008.
- "NENACO acquires new vessel worth US $ 8.4M". Philippine Business Report. Trade and Industry Information Center, Department of Trade and Industry. 2011. Retrieved June 8, 2023.
- "Two Vessels for Nenaco". Manila Standard. August 19, 1996. Retrieved June 8, 2023.
- "Action Star On Tour". Manila Standard. September 9, 2002. Retrieved June 8, 2023.
- Robert Reyes (September 10, 2008), Floating coffins, Philippine Online Chronicles .
- Major marine mishaps in the Philippines, GMA News, June 23, 2008.
- Sea Tragadies, Tinig ng Marino, July–August 2003, archived from the original on September 15, 2008.