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 3, 2019

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 St., corner South Super Highway, Bangkal, Makati City Postal Code 1233

8. Issuer's telephone number, including area code

(632) 886-3703

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

-

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 Shares	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 participates in the salvage of MV Diamond Highway
Background/Description of the Disclosure
Harbor Star Shipping Services, Inc. (TUGS) participated in the salvage of MV Diamond Highway, a 200-meter car carrier ship. The said vessel caught fire close to Recto Bank in the West Philippine Sea. On 17 June 2019, TUGS’s MT Mimosa, as first salvor responder, conducted firefighting and then towed the abandoned MV Diamond Highway preventing said vessel from drifting to marine protected and populated areas. With the burning vessel in tow, MT Mimosa rendezvoused with TUGS’s MT Lucida, MT Markab, and MT Merak which continued the firefighting until the blaze was extinguished on 19 June 2019. TUGS later on released said vessel upon receipt of a letter of guarantee from the vessel’s insurers which responded to an agreement with the ship owners to arbitrate salvage remuneration subject to English law and jurisdiction. Harbor Star is currently engaged in obtaining a similar agreement for security and jurisdiction for the car cargo laden on board. This is the first salvage job of TUGS for the year. In 2018, the salvage income of TUGS was P210 Million.
Other Relevant Information
The disclosure is a non-material Information since it is not expected to materially affect market activity and the price of TUGS's securities.