Negros Navigation
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Negros Navigation Co., Inc. ( Nenaco ) is one of the oldest domestic shipping companies in the Philippines. Its main hub is Pier 2 in Manila North Harbor.
It was organized and registered with the Securities and Exchange Commission ( SEC ) on 26 July 1932 for the purpose of transporting passengers and cargo at various ports of call in the Philippines.
In the 60’s Nenaco was the first among the domestic shipping companies to operate brand new, fast and luxurious air conditioned passenger ships. In 70’s , 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 80’s , Nenaco launched its containerization program and ushered a new industry trend on the use of Roll-on Roll-off (“RORO”) vessels.
In the 90’s, it became the first Philippine shipping company to be listed in the stock exchange. Proceeds the amounting to P916.86 million from Initial Public Offering (IPO) were utilized to support the “Globalization Program” of the company that involved fleet expansion and service modernization.
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[edit] Destinations
Negros Navigation serves the following destinations (as of September 2006):
[edit] Vessels
Negros Navigation operates the following vessels (as of September 2006):