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Negros Navigation Co., Inc. (NENACO) was one of the oldest domestic shipping companies in the Philippines. It was also one of the largest companies in the passenger transport business in the Philippines.[1] Its main hub was the renowned Pier 2 in Manila North Harbor. NENACO later merged with SuperCat, SuperFerry and Cebu Ferries to form 2GO Travel, the second largest Philippine shipping merger next to the William Lines-Gothong Lines-Aboitiz Shipping merger (WG&A) in 1996. At the same time, the China-Asean Investment Cooperation Fund, a private equity fund wholly owned the government of the People's Republic of China through an equity infusion gained a controlling interest in Negros Navigation and subsequently changed the company into the 2GO Group with 2GO Travel its shipping-company subsidiary. The 'NENACO' brand was retired in mid-2012.

Contents

History[edit]

It was organized and registered with the Securities and Exchange Commission (SEC) on July 26, 1932 for the purpose of transporting passengers and cargo at ports of call in the Philippines.

In the 1960s Nenaco was the first among the domestic shipping companies to operate brand new, fast and luxurious air conditioned passenger ships. In the 70s, 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 80s, Nenaco launched its containerization program and ushered a new industry trend on the use of roll-on roll-off (“RORO”) vessels. It also deploys shuttle buses in Baclaran, Cubao and Alabang which takes passengers to the pier terminal.[2]

In the 1990s, Nenaco became the first Philippine shipping company to be listed in the stock exchange. Proceeds amounting to P916.86 million from Initial Public Offering (IPO) were used to support the “Globalization Program” of the company that involved fleet expansion and service modernization.

Destinations[edit]

Negros Navigation served the following destinations 2012-PRESENT

Represented 2GO Travel

Vessels[edit]

Negros Navigation operated the following passenger vessels until 2012:

Cargo vessels:

  • San Agustin Uno
  • San Rafael Uno
  • San Rafael Dos

Previous NENACO vessels under the management of:

  • Antonio G.Hechanova, EVP/GM 1970-1979
  • Daniel L. Lacson Jr. President/Chief Operating Officer 1979-2000
  • Emilio M. Capalla Jr. Head, Vessel Operation Division 1979-1995
  • Capt. Reynaldo Marabe Fleets superintendent

Cruise vessel: Skipper

  • M/V Dona Montserrat: Capt. Antonio Batapa/Capt. Gerry Chio

Passenger vessels: Skippers

  • M/V Dona Florentina: Capt. Dominador Hortillosa Sr./Capt. Demetrio Britania
  • M/V Don Julio: Capt. Reynaldo Marabe/Capt. Wilhelmino Subang
  • M/V Don Claudio: Capt. Federico Tupaz/Capt. Melencio Barranco
  • M/V Don Juan: Capt. Antonio Tendencia/Capt. Demetrio Britania
  • M/V Don Juan (time of incident): Capt. Roger Santisteban

RoRo vessels: Skippers

  • M/V Santa Florentina: Capt. Boy Lanceta/Capt. Tendencia
  • Santa Maria: Capt. Ephraim Bayaban

Cargo vessel: Skipper

  • M/V Connie I : Capt. Roger Santisteban

Container vessels: Skippers

  • M/V Connie II: Capt. Rafael Dalde
  • M/V San Sebastian: Capt. Benjamin Montinola
  • Ferry boats: Skippers
  • M/V Don Vicente: Capt. Rommel Chu
  • M/V Princess of Negros: Capt. Tim Nepomuceno

Incidents[edit]

On April 1980, M/V Don Juan bound for Bacolod City sank 20 nautical miles (37 km) off Maestre de Campo Island, Oriental Mindoro after colliding with the oil tanker M/T Tacloban City. Reported casualties were 18 dead and 115 missing, with 745 survivors.[3][4][5]

See also[edit]

References[edit]

  1. ^ Austria, Myrna S. (2003). "Philippine Domestic Shipping Transport Industry: State of Competition and Market Structure". PHILIPPINE INSTITUTE FOR DEVELOPMENT STUDIES. p. 38. Retrieved June 6, 2008. 
  2. ^ Lopez, Edu (August 6, 2007). "Nenaco aims to become logistics partner for SMEs". Manila Bulletin. Retrieved June 6, 2008. [dead link]
  3. ^ Robert Reyes (September 10, 2008), Floating coffins, Philippine Online Chronicles [dead link].
  4. ^ Major marine mishaps in the Philippines, GMA News, June 23, 2008 .
  5. ^ Sea Tragadies, Tinig ng Marino, july – August 2003 .

External links[edit]


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Negros_Navigation — Please support Wikipedia.
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6 news items

 
Visayan Daily Star
Tue, 18 Jun 2013 19:33:54 -0700

2GO Travel, a new brand name of the country's leading passenger ships Negros Navigation, Superferry, Cebu Ferries, and Supercat also reported thatwere no incidences of any damaged cargoes as these were transferred to other ships to ensure timely ...
 
Malaya
Tue, 11 Jun 2013 15:00:41 -0700

Negros Navigation Co., Inc. (Nenaco) is confident it can earn enough in the next two years to wipe out an existing P1.6 billion retained earnings deficit in its balance sheet. Nenaco is banking on the continued growth of the economy as well as on its ...
 
ABS CBN News
Wed, 12 Jun 2013 17:48:54 -0700

2GO president and chief executive officer, Sulficio Tagud, Jr. told reporters Negros Navigation Co. (Nenaco) is targeting a net income of P858 million this year from just P181 million last year. He said the firm expects to achieve the higher net income ...
 
Malaya
Tue, 11 Jun 2013 09:05:11 -0700

Negros Navigation Co., Inc. (Nenaco) is confident it can earn enough in the next two years to wipe out an existing P1.6 billion retained earnings deficit in its balance sheet. Nenaco is banking on the continued growth of the economy as well as on its ...
 
GMA News
Sun, 09 Jun 2013 01:25:23 -0700

2GO Travel, is the new brand name of the country's leading passenger ships Negros Navigation, Superferry, Cebu Ferries, and Supercat. We welcome healthy discussions and friendly debate! Please click Flag to alert us of a comment that may be abusive or ...
 
SeaShip News
Wed, 12 Jun 2013 00:32:18 -0700

Manila: Negros Navigation Co (Nenaco) reckons it can earn enough in the next two years to wipe out an existing P1.6bn retained earnings deficit in its balance sheet. By the start of its 2015 fiscal year, Nenaco's president Sulficio Tagud said the line ...
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