SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Jul 25, 2024

2. SEC Identification Number

152897

3. BIR Tax Identification No.

201-128-653-000

4. Exact name of issuer as specified in its charter

Harbor Star Shipping Services, Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

2224 A. Bonifacio Street corner Pres. Sergio Osmeña Highway, Bangkal, Makati City Postal Code 1233

8. Issuer's telephone number, including area code

(632) 8886-3703

9. Former name or former address, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	894,586,870
Treasury	13,271,000

11. Indicate the item numbers reported herein

Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Harbor Star Shipping Services, Inc. TUGS

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
TUGS signs contract to salvage M/T Terranova
Background/Description of the Disclosure
On 25 July 2024, at around 01:10 a.m., tanker M/T Terranova, owned by Shogun Ships Co., Inc. (“SSCI”), a company registered under the laws of the Philippines, capsized and eventually submerged nearly 7 kilometers (4.3 miles) east of Lamao Point in the Municipality of Limay in Bataan. M/T Terranova had a compliment of with 17 crew members and was carrying approximately 1.4 million liters of industrial fuel oil. Of the 17 crew members, 16 crew members were rescued with one still missing. Search and rescue operations for the missing crew member are still ongoing. SSCI and TUGS entered into a no-cure, no-pay contract for the immediate salvage of M/T Terranova, including oil spill response operations to minimize the possible environmental damage resulting from the oil spill. TUGS immediately mobilized its tugboats and salvage equipment to the grounding site.
Other Relevant Information
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