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Company Overview|Company Milestones|Board of Directors

 

LORENZO SHIPPING CORPORATION (LSC) is a leading liner shipping company engaged in containerized cargo transport. LSC continually strives to provide excellent service and dedication in helping customers find solutions to their transport needs. With customer-focused processes, dedicated employees and results-driven management standards, LSC commits operations above industry standards that enable its customers to ensure availability of its products to end customers.

 

Lorenzo Shipping Corporation maintains a fleet of seven vessels calling 10 major ports nationwide, namely: Manila, Bacolod, Iloilo, Cebu, Dumaguete, Cagayan de Oro, Zamboanga, Davao, Cotabato and General Santos.

1972 - LSC is founded and established. By the late 70's, LSC shifts its business emphasis from being a break-bulk cargo carrier to containerized cargo operations.
1990 - Neptune Orient Lines (NOL), Singapore's national shipping line, becomes an investor.
1994 - In December, LSC and NOL enter into Technical Support Agreement.
1996 - In July, LSC debuts in the Philippine Stock Exchange as a publicly-listed company.
1997 - LSC celebrates its 25 years of continuous service to the shipping industry with the theme, "Lorenzo Shipping Corporation: 25 Years of Shipping Excellence".
1998 - In January, "We carry. We move. We deliver." Is launched as the company's slogan.
2003 - Lorenzo Shipping Corporation Integrated Systems (LSCIS) goes online.
2004 - LSC launches its new website, www.lorenzoshipping.com, giving its customers access to the weekly vessel schedules.
2005 - National Marine Corporation (NMC) purchases the entire equity of NOL in LSC.
2007 - LSC acquires a 250-TEU vessel and renames it M/V 'Lorcon Manila'. During the same year, the 2,500 sq. meter covered LCL (Less-than-Container-Load) warehouse inside North Harbor is inaugurated.
2008 - LSC upgrades its container handling into straddle carrier operations at its container yards in Manila, Cebu and Cagayan de Oro.
2009 - LSC receives a Safety Recognition Award from the Bureau of Working Conditions of the Department of Labor and Employment.
2010 - LSC acquires a 797-TEU Vessel and renames it MV 'Lorcon Dumaguete'. Also, LSC receives a Gold Award from Coca-Cola Bottlers Philippines Inc. for Quality, Service

Board of Directors

Doris Magsaysay Ho

Anthony Louis Marden

Julio O. Sy, Sr.

Roberto A. Umali

Michael L. Escaler

Deogracias N. Vistan

Edgardo A. Bautista

 

 

Other Executive Officers

Edna F. Mendiola

Felicisimo H. Saldaña, Jr.

Edralin G. Manapsal

Dino C. Diaz

Doris Magsaysay Ho

Doris Magsaysay Ho

Chairperson of the Board and Executive Committee

Doris Magsaysay Ho is President and CEO of the Magsaysay Group of Companies, which is involved in shipping, human resources and business process outsourcing services. Magsaysay Transport and Logistics Group, operates in the Philippine trade with container liner and tanker services. Its affiliate, Fairmont Shipping Limited, based in Hongkong, Vancouver and London, operates in the international dry bulk trade. Magsaysay expanded from its roots in shipping to people resource providers. Magsaysay is present in the Philippines, Indonesia, China, Eastern Europe and North America. The company prepares its people for a diverse range of positions for the maritime, cruise, healthcare, hospitality, engineering and other industries. Guided by its principles of caring for people and investing in training, Magsaysay has been twice awarded by Lloyd's List Maritime Asia as Manning Agent of the Year, in 2005 and 2006 and the Presidential Award of Excellence in 2010.

Anthony Louis Marden

Anthony Louis Marden

Vice Chairman of the Board, Chairman of theNomination Committee,

Antony Louis Marden has been the Vice Chairman ofthe Board and Executive Committee. He is alsoChairman of the Nomination Committee since June2006, and a member of the Audit Committee sinceJune 2005. He is the President of FIM Limited and a Director in the following corporations: G.E. Marden&Co., Ltd., Fenwick Shipping Services, Ltd.,National Marine Corporation, and the Clean Oil (HK)Limited.

Julio O. Sy, Sr.

Julio O. Sy, Sr.

Director

Mr. Sy was the Chairman of the Board from 1996 to 2006 and Director of the Company since 996 to present. He fulfills the same role in a number of other corporations, including: Dumaguete Coconut Oil Mill, Cebu International Finance Corporation and Dumaguete City Development Bank. He also takes on further responsibilities as President of BUSCO Sugar Milling Co., Inc., HIDECO Sugar Milling Co., Inc., Jurong Engineering (Phils.) Inc., New Bian Yek Commercial Inc., July Development Corp., and July Lighterage Corp., as Director of Victorias Quality Packaging Corporation; and as EVP of Makati Agro Trading Inc., and Bayview Park Hotel. Outside the professional realm, he has been actively involved in various civic organizations attesting to a wide and diverse field of interest and expertise. Attending Siliman University from elementary to college, he was awarded Outstanding Silimanian in Business. Other honors to his name include Outstanding National Citizen Award of the Philippines, Philippine National Red Cross Award and National YMCA award.

Roberto A. Umali

Roberto A. Umali

Director, President & Member of the ExecutiveCommittee

Mr. Umali was formally elected and appointed as Director and President of the company on March 6, 2008. He had been the Officer-in-Charge of the company from May 2007, taking over the position of the late Capt. Romeo L. Malig. Presently, Mr. Umali is also the Chief Operating Officer of the Magsaysay Transport and Logistics Group, and President of the NMC Group (National Marine Corp., NMC Container Lines, Inc., Islas Tankers Shipping Corp., Batangas Bay Carriers, Inc, Marine Fuels Philippines, Inc., RoadLink Solutions, Inc. and OneStop Logistics Solutions, Inc.), and Magsaysay Lines, Inc. (Magsaysay Shipmanagement, Inc., Magsaysay Marine Services, Inc., Filipinas Maritime Transport Corp. and Sun Cruises, Inc.), Director and member of the Executive Committee of various companies in the Magsaysay Group of Companies, and Chairman of Asiaport Equipment and Logistics Corp. He started his employment with Luzon Stevedoring Corporation in 1978 and since then has devoted his expertise in the areas of shipping, chartering, port operations, shipyard operations, shipbuilding, logistics, planning, personnel administration, and general management.

As an active leader in the shipping industry, Mr. Umali currently holds the position as member of the Board of Director of the Philippine Interisland Shipping Association (PISA), and directorships in three leading shipping associations, Philippine Petroleum Sea Transport Association, Philippine Liner Shipping Association and Filipino Shipowners' Association, and Trustee of the Philippine Register of Shipping. He is affiliated with various prestigious business organizations, the American Chamber of Commerce, Makati Business Club, Business Economic Club and Philippine Chamber of Commerce and Industry where he is the Chairman of the Sea Transport Committee.

Mr. Umali was the Most Outstanding Employee of National Marine Corporation in 1985. He was awarded Baby Rotarian of the Year in 2000 by the Rotary Club of Kamuning West, District 3780 and later became the President in 2004-2005. He placed fourth in the Assistant Electrical Engineering board exams after completing his undergraduate degree at the University of the Philippines in 1977. Mr. Umali graduated with distinction at the Norwegian Shipping Academy in 1987 in the Professional Shipping and Maritime Law and Insurance courses.

Michael L. Escaler

Michael L. Escaler

Independent Director & Member of the Audit Committee

Mr. Michael L. Escaler has been the Chairman and Chief Executive Office of All Asian Countertrade Inc., the largest sugar trader in the Philippines, since he founded the Company in 1994 with LouisDreyfus Commodities and Nissho Iwai. He is also the Chairman and Chief Executive Officer of Pampanga Sugar Development Company Inc., Sweet Crystals Integrated Sugar Mill Corp., Okeelanta Corporation, San Fernando Electric Co., Balibago Waterworks Corp and Metro Clark Waste Management Inc. He is also a Director of Herminio Teves Sugar Co., Trinity Life Insurance Co. and Trinity Health Co. He has served on the Board of Directors for Lorenzo Shipping since 2002. He is a member of Rotary Club of Makati. Prior to founding All Asian Countertrade, Mr. Escaler was a sugar trader in New York and London from 1972-1993, where he worked for Philip Brothers, ACLI and Nissho Iwai. Mr. Escaler is a Hall of Fame Sprinter for the Ateneo de Manila University, where he graduated cum laude with an AB Degree in Economics in 1972. Mr. Escaler studied for a Masters in International Marketing at New York University from 1976-1978. He is married to Patricia De Leon and has two sons Andrew and Benjamin.

Deogracias N. Vistan

Deogracias N. Vistan

Independent Director, Chairman of the Audit Committee and Member

Mr. Vistan became a Director of the Company in 2002. He is a respected veteran banker whose last major stint was as President and CEO of Equitable PCI Bank Corporation in 2001-2002. He distinguished himself in the same position in Solidbank Corporation from 1992 to 2000 and as President and Vice-Chairman of the Land Bank of the Philippines from 1986 to 1992. Before that, he occupied various senior management positions in Citibank (Manila) where he also started his banking career.

Presently, he is Chairman of Creamline Dairy Corporation and a Director of U-Bix Corporation, Lorenzo Shipping Corporation and Philippine Deposit Trust Corporation, a subsidiary of the Bankers Association of the Philippines. He was also a Director of AIG Philam Savings Bank.

He graduated with a double degree in Business Administration and Humanities from the De La Salle University and finished his Master in Business Administration at the Wharton Graduate School of the University of Pennsylvania.

Edgardo A. Bautista

Edgardo A. Bautista

Independent Director

Mr. Bautista was nominated as an Independent Director of the Company on April 17, 2008. He is currently the President Commissioner of PT Aetra Air Jakarta, Indonesia and PT Aetra Tangerang, Indonesia. He is also a member of the Management Board of Viwasupco Vietnam and Viwaco Vietnam. He is also an Executive Director and Member of the Executive Committee of Bank of Commerce. He sits as Director of Cagayan Electric Power & Light Co., Inc. and is a Member of the Board of Trustees of the AIM Mirant Bridging Leadership Center. Since June 2009 he sits as the President and CEO of Acuatico Pte Ltd and a President Director of Acuatico Vietnam in the same year. He is also the President of Acuatico Vietnam Since January 2011 up to present.

He was a Consultant to the President of San Miguel Corporation from June 2008 to June 2009. He was a Commissioner of the PT Bakrieland Development Tbk. since April 2007 until Feb. 2009. He was also the Chairman of the EL Paso Philippines Energy Company, Inc and Director of EPEC Nederland Holding BV, and East Asia Utilities Corporation, up until June 2008. From July 2006 to June 2008, Mr. Bautista served as the Executive Director, Head of Asia Infrastructure Business of Avenue Asia Investments Management, LLC.

Mr. Bautista was also an independent director of the Philippine National Oil Company - EDC (PNOC-EDC) until September 2007. From 2006 to 2007, he served as a Director of Visayan Electric Company, San Fernando Electric and Light Company, Vivant Corporation and Global Business Power Corporation. From 2003 to 2005, Mr. Bautista was a Director in Subic Enerzone Corporation and Philippine Electricity Market Corporation.

From January 1997 to December 2005, Mr. Bautista was the Chief Executive Officer of Mirant Philippines Corporation and its subsidiaries, the President of Mirant Philippine Foundation and the President and Chief Executive Officer of Mirant Global Corporation and its four subsidiaries. Prior to his stint with Mirant, he served as the President and Chief Executive Officer of the Hopewell Group of Companies, a pioneer independent power company which developed into Mirant Philippines Corporation.

Mr. Bautista graduated with honors (Cum Laude) from De La Salle College with a degree in Mechanical Engineering. He also completed General Electric's 2 year specialized management and technical program for selected graduate engineers from different countries conducted at various facilities in the United States and an Advance Management Program conducted by professors of the Harvard Business School. In 2006, Mr. Bautista became a Certified Fellow of the Institute of Independent Directors.

Edna F. Mendiola

Edna F. Mendiola

Vice President for Finance & Chief Finance Officer

Prior to her appointment as VP for Finance / Chief Finance Officer in April 17, 2009, Ms. Mendiola used to be the Internal Audit Head when she joined Lorenzo Shipping Corporation in October 2007. Prior to LSC, she handled the position of being the Country Audit Head of Consolidated Industrial Gases Inc. (CIGI), a multi-national gas manufacturing company for 6 years where she was heavily involved in the Asia cluster focusing on Business Assurance, Corporate Governance / Code of Conduct and the control framework for Sarbanes-Oxley Act, a statutory requirement for publicly traded companies. While in the Audit position, she also occupied the position of Local Implementation Project Manager for SAP when launched in CIGI in the year 2005.

Ms. Mendiola worked in CIGI for 23 years handling various managerial positions in Audit and Finance - Credit & Treasury, Risk Management, Joint-Venture Accounting, Procurement and Quality Systems Audit. She is a Certified Public Accountant and a graduate of University of the East - Manila with a degree of Bachelor of Science in Business Administration.

Felicisimo H. Saldaña, Jr.

Felicisimo H. Saldaña, Jr.

Vice President for Operations

Mr. Saldaña joined the Company, during the latter of the year 2000 with a wealth of experienced both from international and domestic shipping operations. He has handled all work activities involved in a shipping company, i.e. finance and administration, operations and marketing work at Sealand Service, Inc. He was also the General Manager of a major domestic container yard and warehouse operator and also General Manager of Hyundai Shipping Agency in the Philippines. He is a CPA from Far Eastern University with a Masters in Business Administration degree from De La Salle University. He was appointed as Vice President for Operations & Logistics also in October 2002.

Edralin G. Manapsal

Edralin G. Manapsal

Vice President for Marketing

Mr. Manapsal graduated with a degree in Business Administration major in Management from the Philippine School of Business Administration (PSBA). He joined the Company in May 2001 as Senior Corporate Sales, Manager and was appointed Asst. Vice President for Marketing and Sales in October 2002. His other work stints were with P & O Nedlloyd Philippines, as Senior Marketing Manager, Soriamont Shipping as Trade Manager from U.S.A./Europe market and Anscor Transport as Brokerage Supervisor.

Dino C. Diaz

Dino C. Diaz

Vice President for Corporate Planning and Logistics and Complian

Mr. Diaz joined the Company in 2005 bringing with him 20 years of shipping experience. Prior to joining the Company, he held various key positions in National Marine Corporation (NMC) and its Subsidiaries. Some of these were as General Manager of NMC Container Lines and as Assistant Vice President for Corporate Planning and Business Development of NMC.

He graduated from the Ateneo de Manila University in 1984 with a BS degree in Management Engineering. He started his career in shipping with Benguet Management Corporation and had a brief stint with SGV Consulting prior to joining National Marine Corporation in 1991. He attended the Sea Transport Course at the Asian Institute of Management and Maritime Transport Course at the World Maritime University in Malmo, Sweden.