Top Maritime Companies in Philippines

The maritime industry in the Philippines has experienced rapid growth in recent years, emerging as a key economic driver and a hub for global trade. This article provides a comprehensive overview of the industry's performance in 2022, examining key statistics, factors contributing to its success, growth trends, and challenges in the sector. We will also discuss the future outlook for the industry, including the impact of technological disruptions and government initiatives.

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OSERV CATERING3 +65 6221 2523

Customized - Value adding - Catering Service Solutions.With our Norwegian origins, we are market leading group offering catering and hospitality services in the maritime sector with unique competitive advantages. We provide top quality catering and housekeeping to create and maintain an onboard environment of utmost safety, comfort and well-being for the crew.Our Service offering is international, customized and composed in accordance to nationality of crew, cultural sensibilities and special dietary requirements. OSERV Catering provides nutritious menus featuring extensive selections of crew favorites as well as alternatives for the health conscious. Our meals are prepared fresh daily by our galley team. Ingredients are sourced worldwide for impeccable quality from approved suppliers at competitive prices.

EPIC GAS LTD.177 +65 6230 7801

Epic Gas Ltd. owns and operates a large fleet of modern and high quality fully pressurised gas carriers providing seaborne services for the transportation of liquefied petroleum gas and petrochemicals.Our vessels serve as a crucial link in the international gas supply chains of leading oil majors and commodity trading houses throughout Asia, Europe, West Africa and the Americas.We are headquartered in Singapore with additional offices in London, Manila, Tokyo and Hamburg.Epic Gas has the scale, fleet and operational resources to serve our customers on a truly global basis. We will continue to leverage our in-house commercial and technical expertise to provide the safest, most dependable solutions for our customers.

JASON MARINE GROUP LIMITED90 +65 6477 7700

Established in 1976, Jason Marine is a leading provider of integrated solutions of a wide range of marine communication, navigation and automation systems based in Singapore.We design, supply, install, integrate, test and commission marine communication, navigation and automation systems for the marine and offshore oil & gas industries, as well as provide maintenance and support services for these systems. We also provide our customers with satellite airtime services.

ALATAS CRANE SERVICES WORLDWIDE166 +65 6861 2336

Established since 1988, Alatas has built an outstanding reputation within the marine and offshore industry, providing crane owners an extensive range of bespoke crane services and parts solutions.Our mission is to ensure client satisfaction by implementing cost effective and timely execution of projects with quality and safety, through effective training, development and well being of our staff.We offer our clients a fast response to all enquiries, with worldwide engineers on standby 24/7.Due to our extensive portfolio of in-house expertise and departments, we can lower turnaround times on major projects and emergencies.Alatas has opened worldwide offices, service stations and crane focused workshops at strategic locations, meeting the growing needs of our clients.Alatas uses state of the art techniques and equipment and are innovators in the industry, providing the very best service and parts solutions worldwide for cranes.Alatas provides an alternative independent service provider to the OEMDelivering total support for all crane applications, specialising in offshore and marine cranesAlatas global crane support includes: • Emergency Breakdowns • Repairs • Technical Support • Inspections • Spare parts supply • Spare parts repairs • Training

EXMAR731 +65 6576 0170

EXMAR is a diversified and independent shipping group serving the international gas and oil industry. Apart from providing the ships for the transportation of these products, it also performs studies and undertakes the management of commercial, technical and administrative activities for the industry. EXMAR strives to create shareholder value over the long term by balancing long and short-term agreements to counteract volatility in the freight market, combined with providing services that are tailored to the needs of the customer. EXMAR endeavours to support sustainable growth by attaching the greatest importance to the quality of its fleet, the safety of personnel and equipment and the protection of the environment.

MCC TRANSPORT153 +65 6221 2800

Formerly known as MCC Transport, Sealand – A Maersk Company is a regional container logistics company that combines passionate local teams and agile-thinking with an unrivalled global network powered by the larger Maersk family.We move our customers’ cargo quickly and efficiently across the Americas, Asia, Europe, North Africa and the Middle East. Through the close connection to Maersk we ensure our customers the benefits of industry-leading logistics expertise and cutting-edge technology.As the global leader in shipping services, A.P. Moller Maersk operates in 130 countries, employs roughly 76,000 people and works to connect and simplify its customers’ supply chains.

CREW ASIA INC185 +63 32 232 5180

In 1992, Crew Asia, Inc was created by former yacht Captain, Alan Mill-Irving, observing the potential in Filipinos as yachting Crew. Since the Company was set up it has been supplying crew exclusively to the mega yacht industry. Its first client still remains a client. The number of yachts has grown to more than 200 and the number of crew currently exceeds 600. Both client and crew numbers continue to grow.This is a boutique company that has found its niche. It takes pride in its culture – personalized service, customer oriented, and efficient. Its vision to be the leading provider of Filipino Crew to this industry through competent and efficient service has been an actuality since its inception. Crew Asia has a strategy of creating real partnerships with both its crew and clients.The Company is accredited with the Philippine Overseas Employment Agency (POEA) regulations and is MLC 2006 compliant.

KEPPEL OFFSHORE & MARINE1,087 +65 6558 7620

Keppel Offshore & Marine (Keppel O&M) is a world leader in providing total solutions to the offshore, marine and energy industries. Our expertise spans design & engineering, new builds, conversions & repairs, and support services. Through a global network of operations, we develop solutions that support the world’s need for offshore renewables, oil, gas and infrastructure for sustainable urbanisation. Our portfolio of products comprises offshore platforms, floating production units and specialised vessels, with a focus on efficiency, sustainability and innovation. Backed by a strong track record in execution, we have the versatility, Can Do spirit and technological know-how to provide sustainable solutions in an evolving world. With an unwavering commitment to safety, reliability and quality, we are committed to delivering projects to our customer’s highest satisfaction on time and on budget. Keppel O&M is a wholly-owned subsidiary of Keppel Corporation, one of Singapore’s flagship multinational companies with a footprint in more than 20 countries. Keppel provides solutions for sustainable urbanisation, focusing on Energy & Environment, Urban Development, Connectivity and Asset Management.

LANPAN PTE LTD204 +65 9295 4468

Lanpan is the Owner, Operator, and Manager of a modern fleet of Tugboats, Anchor Handling / Towing Tugs (AHT), and Deck Cargo & Water Carriers (Barges). Established since 2006, the Singapore based company is helmed by an experienced team comprising professionals with more than 20 years of involvement in shipbuilding, chartering, operation, and maintenance. Entrenched on solid fundamentals, it has inevitably brought about year on year growth. Today, Lanpan is a niche service provider in the offshore oil and gas industry. Her vessels are chartered by world renowned EPIC Companies, National Oil Companies, and Oil Majors, servicing in offshore construction projects and oilfields in UAE, Malaysia, Myanmar, Indonesia, Thailand, Vietnam, India, and Australia with resounding success.started in July 2018, Lanpan Pte Ltd - Abu Dhabi was set up to focus on Lanpan business in middle east and beyond as a local vendor to service client in the shared homeland.

MACGREGOR1,599 +65 6597 3888

MacGregor is a leader in sustainable maritime cargo and load handling with a strong portfolio of products, services and solutions, all designed to perform with the sea. Shipbuilders, shipowners and operators are able to optimise the lifetime profitability, safety, reliability and environmental sustainability of their operations by working in close cooperation with MacGregor. MacGregor is part of Cargotec.

MOL CHEMICAL TANKERS218 +65 6223 5189

MOL Chemical Tankers was founded in 1972, and has been a member of the global Mitsui O.S.K. Lines Group since 1996. With almost 50 years in the industry, our company has grown into being a global and leading specialist in marine transportation of liquid chemicals and vegetable oils. Our company is committed to provide safe and reliable transportation services under the doctrine: ‘Where there is safety, there is prosperity’. The operation of chemical tankers requires compliance with international regulations, awareness and protection of the environment, as well as high quality and safety management.Building strong relations to our customers is the key to running a good business. As a leading company in the chemical transportation industry with advanced navigation and ship management technologies, we have earned the trust of our customers over many years of reliable services, and we will continue to seek ways to further improving our services and further strengthening trusted relationship with our business partners.Headquartered in Singapore, the MOL Chemical Tankers Group include offices all over the world; Tokyo, Dubai, Shanghai, Busan, London, Copenhagen, Rotterdam, Stamford, Houston and Bogotá. In January 2019, MOL Chemical Tankers acquired Nordic Tankers (hereafter named MOL Nordic Tankers) and in May 2020, the acquired company fully integrated into the MOLCT Group covering the newly established Atlantic Division (MOL Chemical Tankers Europe A/S, MOL Chemical Tankers America LLC and MOL Chemical Tankers Colombia S.A.S.). In 2019, we also formed a capital alliance with Den Hartogh, a leading Dutch tank container company, and we are developing a tank terminal in Antwerp Port together with a local company Sea-tank. One brand - one team!

DAIKAI ENGINEERING (INDIA) PRIVATE LIMITED58 +65 6863 2876

Nature of BusinessOur undertakings • Sales of marine/land equipments and spare parts • Installation of marine equipments and diesel power plant • Reconditioning, overhauling and installation of marine/industrial engines and equipments • Repair of voyage/anchorage/afloat Brand NamesAKASAKA DIESEL CHONGQING GEARBOX DAIHATSU DIESEL KAMOME PROPELLER KOBE DIESEL MEIYO ELECTRIC MITSUBISHI NANIWA NIPPON PUSNES ORIENTAL PRECISION SHOYO ENGINEERING TSUJI UTSUKI KEIKI

POSH FLEET SERVICES579 +65 6265 0177

POSH Fleet Services (PFS) is a dedicated in-house ship manager with four core pillars of operations - HSEQA, Technical, Procurement and Crewing. With more than 100 vessels under management and a strong track record of supporting complex projects globally, PFS possesses the expertise to take on third-party engagements.

PACIFIC RADIANCE LTD667 +65 6238 8881

The Pacific Radiance Group of Companies is an established owner and operator of offshore vessels and a provider of subsea services, shipyard services, marine equipment as well as project logistics to the global oil and gas industry.Vision StatementTo become a global and best-in-class integrated marine solutions provider in all our business segments.Mission StatementOur mission is to consistently meet or exceed our commitment to customers’ requirements, whilst providing sustainable value to our stakeholders and developing our people. We conduct our businesses professionally with emphasis on safety, quality, excellence and protection of the environment.Pacific Radiance delivers SYNERGY IN SERVICES through our five business divisions.Led by an experienced senior management team with a track record in the industry and staffed by dedicated professionals, the Pacific Radiance Group is evolving to become a leader in Asia and a world class offshore Group.

UMMS, UNION MARINE MANAGEMENT SERVICES PTE. LTD91 +65 6922 0261

Union Marine Management Services Pte. Ltd, established in Singapore in 2012, offers ship management and new-building supervision and consultancy services to other ship-owners around the world.The company derives its strength from its highly skilled professionals who are among the best in the industry and share a common zeal to maintain highest standards of safety, quality and efficiency. The company believes that good training, motivation and emphasis on human values are essential for long term success. Consequently, the company is committed to provide an ideal working environment both in its offices and on ships.Honesty, trust, integrity and diligence are some of the qualities which are core to the principles of the company. Such traditional values and an in-depth knowledge of modern marine technologies blends here to produce a unique company that is focused in developing and sustaining prosperous partnerships with ship owners, office members, ship-staff and marine support service companies.

WÄRTSILÄ MARINE207 +65 6261 4239

Wärtsilä is leading the industry in its journey towards a decarbonised and sustainable future. We are committed to creating commercially viable pathways to decarbonisation. Our portfolio of engines, propulsion systems, hybrid technology, and integrated powertrain systems deliver the reliability, safety, and environmental performance that our vision to decarbonise maritime encompasses. We offer our customers performance-based agreements, lifecycle solutions, and an unrivalled global network of maritime expertise. We have the technology, the know-how and most importantly the people and passion to help our customers embark on their decarbonisation journey.

SE SHIPPING LINES PTE LTD155 +65 6499 7471

With its Headquarters in Singapore and with offices in Australia, Germany and India, SE Shipping Lines (SESL) provides end-to-end customer driven solutions for worldwide transportation of Project cargoes and Heavy Lift shipping industry, with a specialisation in Windmill Project Cargo transportation.We manage and operate a fleet of sophisticated vessels complemented by a team of experienced, committed and dynamic shipping professionals who serve as reliable and competent partners in catering to our customer’s requirements.SE Ship Management Private Limited, a wholly owned subsidiary of SE Shipping Lines, engages in providing quality crewing and technical management services to owned tonnage and third party vessels enabling SESL Lines to manage all the aspects of vessel operations in-house, guaranteeing our clientele a quality service.

MANILA SHIPMANAGEMENT & MANNING, INC.88 +63 2 8892 4071

WHO WE AREMANILA SHIPMANAGEMENT & MANNING, INC., or MANSHIP, has been serving our ship-owner clients and mariners since 1988.MANSHIP specializes in providing exemplary and honest service to boutique shipping companies who demand premium and personal attention from their service providers.MANSHIP provides crew management and manning services to vessels, ranging from crude, product and chemical tankers, bulk carriers and platform supply vessels.We provide technical training and information technology support services to our ship-owner clients.MANSHIP has been ISO certified since 1994, the first manning agency in the Philippines to have achieved such recognition.We are one of the first manning agencies in the country to be declared as MLC compliant by the Philippine Overseas Employment Agency (POEA)OUR VISIONWe, the MANSHIP Team, aspire to become the Premier Brand in providing professional, effective and personalized marine services with the most competent, trustworthy and well-taken cared of mariners.OUR MISSIONAs Individuals, we acknowledge that we live to serve our clients.As Team Members, we embrace the importance of solidarity in providing the finest service there is.As Team Leaders, we vow to lead with integrity and implore on others to do the same.As Partners, we aim to be an effective ally towards the success of both our principals and our mariners.CORE VALUESServiceSolidarityIntegrityEffectiveness

WAN HAI LINES1,128 +65 6226 1588

Wan Hai Lines was founded in 1965.Wan Hais shipping routes include Taiwan, Kanton and Kansai areas of Japan, Korea, Mainland China, Hong Kong, Philippines, Thailand, Malaysia, Indonesia, Singapore, Vietnam, Burma, Cambodia, India, Pakistan, Sri Lanka, and the Middle East. Wan Hai provides fully-container vessel shipping with regular route among these areas.

HANJIN SHIPPING0 +65 6373 5152

Hanjin Shipping, a world-class global shipping logistics company ☞ Aims to be recognized, respected, and trusted by the world as the premier logistics company Hanjin Shipping is Koreas largest carrier that operates some 60 liner and tramper services transporting over 100 million tons of cargo annually all over the world. Its fleet consists of some 200 containerships, bulk carriers, and LNG carriers. The company is worth KRW 5 trillion and earning KRW 6 trillion annually.

Top Maritime Companies in Philippines

Key Statistics from 2022: GDP and Employment

The Philippine maritime industry has demonstrated robust growth in 2022. According to the National Economic and Development Authority (NEDA), the industry contributed an estimated $10.3 billion to the country's GDP in 2022, marking a 6.4% increase from the previous year. This accounts for roughly 3.2% of the total GDP. The growth can be attributed to the expansion of shipbuilding, shipping, and port operations, among other subsectors.

In terms of employment, the industry generated more than 800,000 jobs in 2022, making it one of the largest employment generators in the Philippines. The seafaring profession remains the most significant contributor, with approximately 400,000 Filipino seafarers working on international vessels. Additionally, the port and shipyard sectors have seen substantial employment growth, with over 250,000 and 150,000 jobs, respectively.

Factors Contributing to Growth and Success

Government Initiatives

The Philippine government has implemented various policies and initiatives to support the growth of the maritime industry. One noteworthy example is the establishment of the Maritime Industry Authority (MARINA) as the central regulatory body overseeing the sector. MARINA has facilitated industry growth by streamlining regulations and promoting the development of maritime infrastructure.

In addition, the government has focused on improving the business environment, encouraging foreign investments, and fostering public-private partnerships. These efforts have attracted major players in the shipbuilding and shipping sectors, such as Hanjin Heavy Industries and Evergreen Marine Corporation.

Strategic Location

The Philippines' strategic location at the heart of Southeast Asia has significantly contributed to its maritime industry's success. With over 7,000 islands and an extensive coastline, the country serves as a critical gateway to major shipping routes, connecting the Pacific and Indian Oceans. This geographical advantage has enabled the Philippines to capitalize on the growing global demand for maritime services.

Industry Growth and Comparison to Previous Years

Shipbuilding and Repair

The shipbuilding and repair sector has experienced significant growth in recent years. The Philippines has emerged as the fourth-largest shipbuilding nation globally, with a 6% market share in 2022. This represents a remarkable increase from a 3% market share in 2015. Notably, the country has successfully attracted foreign investment, leading to the establishment of world-class shipyards.

Shipping

The Philippine shipping sector has also witnessed impressive growth, driven by the expansion of domestic and international trade. In 2022, the total cargo throughput increased by 7% compared to the previous year. Moreover, the country has become a regional hub for transshipment, with container traffic growing at an annual rate of 5%.

Ports

Philippine ports have undergone significant modernization and expansion to accommodate the increasing demand for maritime services. In 2022, the combined capacity of the country's ports increased by 8% compared to 2021. The government's investment in port infrastructure, along with private sector participation, has led to the development of new facilities and the upgrading of existing ones.

Key Trends: Technological Disruptions

The maritime industry in the Philippines is undergoing a digital transformation, with various technological disruptions shaping its future landscape. Some of the most notable trends include:

Automation and Robotics

Advancements in automation and robotics have led to increased efficiency in port operations and shipbuilding. The adoption of automated cranes and other equipment has reduced labor costs and improved productivity, enabling Philippine ports to handle more significant volumes of cargo. In the shipbuilding sector, the use of robotics for tasks such as welding and cutting has enhanced precision and shortened production times.

Digitalization and Data Analytics

The growing use of digital technologies and data analytics has improved decision-making processes in the maritime industry. Shipping companies now leverage data to optimize vessel routes, monitor fuel consumption, and enhance operational efficiency. Similarly, ports utilize digital platforms to streamline cargo handling and customs clearance, reducing dwell times and improving overall performance.

Cybersecurity

With the increasing reliance on digital systems, cybersecurity has become a critical concern for the maritime industry. The Philippine government, in collaboration with private stakeholders, has initiated efforts to enhance the sector's cybersecurity capabilities. These measures aim to safeguard critical infrastructure and protect sensitive data from potential cyber threats.

Challenges

Despite its remarkable growth, the Philippine maritime industry faces several challenges that must be addressed to sustain its momentum. These challenges include:

Aging Fleet and Infrastructure

The aging fleet of domestic vessels and outdated port infrastructure pose a significant challenge to the industry. Investments in fleet modernization and port upgrades are necessary to improve safety, reduce environmental impacts, and meet increasing demands.

Environmental Regulations

As environmental regulations become more stringent, the Philippine maritime industry must adapt to meet these requirements. The adoption of cleaner fuels, energy-efficient technologies, and sustainable practices will be crucial in mitigating the industry's environmental footprint.

Workforce Development

The maritime industry requires a skilled workforce to remain competitive. Investing in education and training programs, particularly in areas such as automation, digitalization, and green technologies, will be essential in developing a future-ready workforce.

Future Outlook

Looking ahead, the Philippine maritime industry is well-positioned to capitalize on the growing global demand for maritime services. The government's continued support, coupled with private sector investments and technological innovations, will play a critical role in ensuring the industry's sustained growth and success.

Conclusion

In conclusion, the maritime industry in the Philippines has long been a vital contributor to the nation's economic prosperity and global connectivity. As an archipelagic country with a strategic geographical location, the Philippines is uniquely positioned to capitalize on the growth of the global maritime sector. With a strong emphasis on modernizing its fleet, investing in port infrastructure, and developing a skilled workforce, the country is poised to maintain its status as a leading player in the industry. As the Philippines navigates the challenges and opportunities of a rapidly evolving global landscape, the maritime industry will continue to play a pivotal role in fostering trade, bolstering economic growth, and reinforcing the nation's commitment to sustainable development and environmental stewardship.

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By Melissa Goh
Published on 28 May 2023