Company Overview|Mission, Vission and Values|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.
We are the shipping company of choice known for our service excellence and dedication to help our customers find solutions to their transport needs.
We are dedicated to provide service that exceed customer expectations. We introduce efficient and innovative transport solutions to ensure that our customers reach their markets on time
Excellence - We believe in working together for excellence in everything we do. Right action. Right conduct. Doing the right thing at the right time.
Innovation - We provide the environment that encourages and rewards innovation and out-of-the-expected solutions. We encourage employees to speak openly and to give their ideas without fear of ridicule.
Enthusiasm - We believe that having enthusiasm, dedication and passion for everything we do, taking action without being told, and ensuring the efficient delivery of products and services are key drivers of our success.
Integrity - We shall act righteously, morally and legally in the conduct of our business. We perform our responsibilities with the highest ethical standards.
Accountability - We are responsible for our actions and business decisions and are accountable to our stakeholders which includes employees, customers, shareholders and business partners.
We are transparent in all our dealings, communicate openly, seek advice, and provide balanced amd comprehensive assessment of the company's performance and prospects.
We are responsible for delivering on our commitments, aim to excedd expectations, and act within our authority.
We Care - We Care for our customers. We Csre for our employees and colleagues. We Care for our shareholders. We Care for our business partners. We Care for our planet.
Board of Directors
Doris Magsaysay Ho
Anthony Louis Marden
Julio O. Sy, Sr.
Robert A. Umali
Michael L. Escaler
Deogracias N. Vistan
Edgardo A. Bautista
Other Executive Officers
Edna F. Mendiola
Jay R. Olivarez
Romualdo L. Bea
Roland J. Portes
Doris Magsaysay Ho
Chairperson of the Board, Presidentand Executive Committee and C
Doris Magsaysay Ho is the President and CEO of A. Magsaysay, Inc. Magsaysay traces its roots as ship owners and ship managers, but later on expanded into serving the industries of hospitality and tourism, transport and logistics, healthcare, oil and gas and specialized engineering and trade. The company has a network of offices strategically mapped in the Philippines, Indonesia, China,
Thailand, Croatia, Greece and Spain. Magsaysay conducts its overseas operations in
Jakarta and Bali Indonesia, Hong Kong and Shanghai China, London and Newcastle
UK, Vancouver, Canada and New York. Guided by its principle of caring for its people, the company has been awarded the Seatrade Asia Award for Education and
Training in 2010, the Lloyd’s List Global Training Award in 2011, 2013 and 2014, the
ASEAN Business Advisory Council Award for CSR in 2013 and the Intel-AIM CSR
Award in 2014.
Anthony Louis Marden
Vice Chairman of the Board, Chairman of the Nomination Committee
Antony Louis Marden has been the Vice Chairman of the Board and the Executive Committee. He has also served as Chairman of the Nomination Committee since June 2006 and a member of the Audit Committee since June 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, Clean Oil (HK) Limited, National Marine Corporation and the NMC Group of Companies. Mr.Marden studied Chinese & Politics at Leeds University and has worked in the shipping business for almost 40 years.
Julio O. Sy, Sr.
Mr.Sy was the Chairman of the Board from 1996 to 2006 and Director of the Company since 1996 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 BianYek 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 honorsto his name include Outstanding National Citizen Award of the Philippines, Philippine National Red Cross Award, National YMCA award, Negrense Awardee and Horace Silliman Awardee.
Robert A. Umali
Director and Member of the Executive Committee
Mr. Umali was formally elected and appointed as Director and President of the company on March 6, 2008. He had served as 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 the Group Head of the Magsaysay Transport and LogisticsGroup and President of the NMC Group (National Marine Corporation, NMC Container Lines, Inc., NMC Ship Agency and Brokerage, Inc., One Stop Logistics Solutions, Inc., One Stop Distribution, Inc., Roadlink Solutions, Inc., Clean Oil Resources, Inc., Islas Tankers Seatransport Corporation, Batangas Bay Carriers, Inc., Paros Maritime, Inc., Marine Fuels Philippines, Inc., Offshore Bunkers Philippines, Inc., Icebox Logistics Services, Inc., Magsaysay-Seacor, Inc., Omni-Asia TristarHoldings, Inc.) and Magsaysay Lines, Inc. Magsaysay Shipmanagement, Inc., Sun Cruises, Inc., Sole Cruises, Inc., TM Logistics Solutions, Inc. and Filipinas Maritime Transport Corporation), Director and member of the Executive Committee of various companies in the Magsaysay Group of Companies, Director and Treasurer of MOL Logistics Philippines, Inc., and Chairman of Asiaport Equipment and Logistics Corporation, Fast Cranes, Inc., Travel Services, Inc., Travel People Limited, Inc., Director and Chairman of Pacific Roadlink Logistics, Inc. He started his career with Luzon Stevedoring Corporation in 1978 and since then has devoted his expertise in the areas of general management, shipping operations, chartering, port operations, ship management, shipyard operations, shipbuilding, logistics management, planning, project studies, and personnel administration.
As an active leader in the shipping industry, Mr. Umali currently holds the position as Trustee of the Philippine Business for Social Progress and Chairman of its
Livelihood and Enterprise Development (LED) Committee, Vice Chairman of PBSP
Project Implementation Committee, Chairman and President of Philippine Interisland
Shipping Association (PISA), MARINA Board Member as PISA nominee, and Directorships in leading shipping associations, namely: Philippine Petroleum Sea Transport Association, Philippine Liner Shipping Association, and Filipino Shipowners' Association. He is also a member of various prestigious business organizations such as the American Chamber of Commerce, European Chamber of Commerce of the Philippines, EU-Philippines Business Network and EPBN
Maritime Committee member, Makati Business Club, Business Economic Club and
Philippine Chamber of Commerce and Industry, 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 is also a member of the U.P. Alumni Association and U.P. Alumni Engineers Association. 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
Michael L. Escaler
Director, Member of the Audit andNomination Committees
Mr.Escaler is the President and Chief Executive Officer of All Asian Countertrade, Inc. known as the largest sugar trader in the Philippines, founded in1994 in partnership with Louis Dreyfus and Nissho-Iwai. Mr.Escaler is also the Chairman, President and Chief Executive Officer of Pampanga Sugar Development Co., Inc., (PASUDECO), President and CEO of San Fernando Electric Company (SFELPACO), Chairman and CEO of Sweet Crystals Integrated Sugar Mill Corp. and Okeelanta Corporation, Chairman of Balibago Waterworks Corporation, JSY Transport, Aldrew and GrayTransport, Silver Dragon Transport and Metro Clark Waste Management Inc. He also serves as Director of PowerSource Philippines, Inc., Empire Insurance Co., Trinity Insurance Co. and Trinity Healthcare Services, Inc., Marcventures Holdings Inc. and Leyte AgriCorp. Mr.Escaler has served on the Board of Directors for Lorenzo Shipping Corporation since 2002. A sugar trader in New York and London from 1974 to 1993, Mr.Escaler began his career at Nissho-Iwai of America for two years and left for ACLI International, one of the largest privately held trading company. Later on, Mr.Escaler transferred to Philipp Brothers as Vice-President to head the white sugar trading and subsequently he started his own trading company in the Philippines. A Hall of Fame Sprinter for Ateneo de Manila University, where he graduated Cum Laude in Bachelor of Arts in Economic, Mr.Escaler obtained his Masters in Business Administration in International Marketing in New York University. A Philanthropist, Mr.Escaler supports various charities including Habitat for Humanity, Coca Cola Foundation, PGH Medical Foundation, Mano Amiga Academy and Productive Internships in Dynamic Enterprise (PRIDE).
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 started his banking
Presently, Mr.Vistan is an Independent Director of Philippine National Bank,
PNB Capital & Investment Corporation and U-Bix Corporation. He serves as
Chairman of the U.S.-based PNB International Investments Corporation, PinoyME
Foundation and V & A Foods Corporation. Mr.Vistan is also a member of the Board
of Trustees of the Ramon Magsaysay Award Foundation and the Executive Advisory
Council of Mitsubishi Motors Philippines Corporation.
Mr.Vistan 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
Mr. Bautista was nominated as an Independent Director of the Company on
April 17, 2008. At present, he is the Vice Chairman and CEO of CEPALCO Group. Mr. Bautista served as the Chairman forAcuatico Pte Ltd Singapore and Acuatico Services Vietnam. He was also a member of the Management Board of Viwasupco Vietnam and Viwaco Vietnam, and a former Member of the Board of Trustees of the AIM Mirant Bridging Leadership Center. Mr. Bautista was a Consultant to the President of San Miguel Corporation from June 2008 to June 2009. He was a Commissioner of the PT BakrielandDevelopment Tbk. since April 2007 until February 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 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
Edna F. Mendiola
On June 25, 2015, Ms. Mendiola was appointed as Compliance Officer of
Lorenzo Shipping Corporation. She started her career with LSC as Internal Audit
Head in October 2007, then assume the position of Vice President for Finance / Chief
Finance Officer of LSC on April 17, 2009 until her appointment as the Standards and
Compliance Head of National Marine Corporation and its subsidiaries on September
16, 2015. Prior to LSC, she was 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.
Jay R. Olivarez
Chief Operating Officer
Mr. Olivarez was appointed as Chief Operating Officer of the Company on 1
October 2013. He also holds the same position for NMC Container Lines, Roadlink
Logistics Solutions, Inc. At present, Mr. Olivarez also acts as Director for Pacific Roadlink Logistics, Inc., Batangas Bay Carriers, Inc., Marine Fuels Philippines, Inc., and Southeast Asian Bunkers & Terminals, Inc. He has over 20 years experience in
Shipping Operations (container, tankers and breakbulk), Chartering, Logistics Management, Planning and Business Development. Mr. Olivarez graduated from the De La Salle University in 1993 with a BS degree in Industrial Management Engineering with a minor in MechanicalEngineering. He attended International Shipping Trade Practices in Hongkong in 1998 and Leadership and Management Development Program at the Ateneo Graduate School of Business in 2005.
Vice President for Sales & Marketing
Mr.Manapsal joined the Company in May 2001 as Senior Corporate Sales and Marketing Manager and after a year was promoted to Assistant Vice President for Marketing and Sales in October 2002. He was appointed as Vice President for Marketing and Sales in 2005. His other work stints were with Anscor Transport &Terminals, Inc., Soriamont Steamship Agencies, Inc. as Line Manager for U.S.A./EUROPE trade, P&O Nedlloyd, Inc. as Senior Marketing and Sales Manager and HANJIN Shipping as Sales and Japanese Accounts Senior Manager. Mr.
Manapsal graduated with a degree in Business Administration major in Management from the Philippine School of Business Administration (PSBA).
Romualdo L. Bea
Chief Finance Officer
He started his career with Punongbayan&Araullo (Ernst & Young - Manila) as Auditor and made his way to management positions in the different industries. His professional career highlights include working with Intel Technology Philippines. Inc. as Controls
Manager/High-Valued Inventory (HVI) Program Manager; with Rockwell Land
Corporation as Finance & Accounting Manager; with Liquigaz Philippines Corporation as Corporate Finance Manager; with Globe Telecom. Inc. as Finance Director for Globe's
Network Infrastructure Assets and Project Accounting and Reporting and Accounting
Standards and Implementation Teams, and with Innove Communications, Inc. (a Globe
Telecom Subsidiary) as Financial Accounting & Reporting Head/Financial Controller. His most recent engagement prior to joining NMC was with SPi Global, Inc. where he held the position of VP. Finance - Head Controllership.As he is fondly called, graduated Cum Laude at the San Beda College where he took up Bachelor of Science in Accountancy. He placed 2nd in the May 1997 Philippine CPA Licensure Board Examinations. He is also a Certified Management Accountant (CMA) of the CMA Program Philippines, a globally recognized program of the Institute of Certified Management Accountants (ICMA) of Australia that grants the CMA Certification to the successful management accounting professionals in the Philippines and abroad. Mel is currently enrolled in Ateneo-Regis MBA Program of the AteneoGraduate School of Business.
Roland J. Portes
Head of Operations
Mr.Portes was appointed as the overall Head of Operations of NMC
Container Lines, Inc. and the Company effective on 1 January 2016. He has 18 years of work experience in Operations in transport and logistics. Mr.Portes joined Magsaysay Manpower, Inc. as Technical Assistant in 1993. Subsequently, he held the position of LCL Operations Manager for 9 years. He also served as the Sales and Operations Manager of OneStop Logistics Solutions, Inc. Mr.Portes was appointed as the General Manager for Sun Cruises, Inc. (SCI) in 2009. His various operations-related initiatives in institutionalizing cost savings programs resulted in a positive turnaround in SCI’s revenues. Mr.Portes took further studies in Bachelor of Business Management at PamantasanngLungsodngMaynila. He also took an online Logistics Management course at Lloyds Maritime Academy in partnership with National Sea Training Course/North West Kent College.