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Harbor Star Shipping Services, Inc.

Company Description
Harbor Star Shipping Services, Inc. (TUGS) was registered with the Securities and Exchange Commission (SEC) on July 5, 1988 under the name Seatows, Inc. The Company's primary purpose is to engage in ocean towage, commerce and navigation in the carriage of goods and passengers by water upon the oceans, seas, sounds, lakes, rivers, canals, bays, harbors, and other waterways between the various ports of the Philippines and between such ports and other ports in the world.

The Company's service lines include harbor assistance, lighterage, towing, ship salvage, marine construction, repair and maintenance works, and other marine services. On August 11, 2015, TUGS secured the approval of the SEC to expand its business scope to include international marine commerce; manning, recruitment, ship and crew management; operate liner/feeder vessels and logistics operations; invest in, develop, manage and/or operate in domestic and international shipyards, ports and terminals; construction and rehabilitation of marine facilities; and real estate development.

TUGS has two subsidiaries, Harbor Star Subic Corp., which offers marine-related ancillary services such as harbor assistance, towage, lighterage, oil spill response and underwater marine services; and Peak Flag Sdn Bhd, a company incorporated in Malaysia to provide tugboat harbor assist/marine support services at the North and Kuantan Ports.

As of December 31, 2016, TUGS has operations in 15 base ports all over the country. The major ports that TUGS services include the Manila International Container Terminal, Bataan, Batangas, Cagayan de Oro, and Davao. The Company maintains and manages a fleet of 40 tugboats, five barges, a cargo vessel, an oil spill response vessel, and an anchor handling tug supply vessel.

Source: SEC Form 17-A (2016)
Security Information
Sector Services
Subsector Transportation Services
Corporate Life
Incorporation Date Jul 05, 1988
Number of Directors 7
Stockholders' Meeting as per By-Laws
Fiscal Year 12/31 (Month/Day)
External Auditor Isla Lipana & Co.
Transfer Agent Rizal Commercial Banking Corporation - Stock Transfer Dept.
Contact Information
Business Address 2224 Gen. A Bonifacio Street corner South Superhighway, Bangkal, Makati City 1233, Metro Manila
E-mail Address N/A
Telephone Number (+632) 886-3703 to 09
Fax Number