Lorenzo Shipping Corporation (LSC) is setting new standards in excellence, having been honored by Coca-Cola with the prestigious Top 1 National Inter-Island Vendor Award for 2024. This accolade celebrates LSC’s exceptional customer service, unwavering dedication, and remarkable support to Coca-Cola.
The awarding ceremony was held on February 4 at Coca-Cola Sta. Rosa Plant and was presented by Coca-Cola’s Head of Logistics Services Frederick Matta, Central Planning Senior Manager Angelico Rocafor, and Procurement Manager Ralph Chioa.
With an overall rating of 91%, LSC bested other shipping and logistics service providers namely 2GO, Gothong, PSACC, Meridian, Asian Marine, YM Cargo, SMTI Cargo, TrigoMovers, Akylaz, and Miyagi’s Logistics. The event was attended by LSC Sales and Marketing Head Annabelle Lopez, Sales Manager Winnie Muarip, and Account Executive Yvette Diaz. “It was another competitive year, but LSC team provided our best performance,” shared LSC Sales and Marketing Head Annabelle Lopez.
LSC is committed to building a sustainable partnership with Coca-Cola by allocating resources needed to support the company’s vision and growth. This milestone celebrates the performance and success of LSC MPs who have played a key role in providing customer satisfaction and on-time delivery.
Lorenzo Shipping Corporation’s (LSC) Annual Stockholders’ Meeting was held on July 28 via remote communication under the chairmanship of Doris Magsaysay Ho.
During the meeting, shareholders were given a comprehensive management report presented by LSC’s President and Chief Operating Officer (COO), Reynold John “RJ” Madamba. The report stated that LSC has fully recovered in the first quarter of 2021 but also experienced limited domestic movement and consumption due to the COVID-19 delta variant surge during the second quarter. With the challenges, LSC resorted to contingencies in order to sustain the momentum. The President and COO also summarized LSC’s plan of operation in 2021 including the provision of dependable vessel schedule and service reliability, optimization of load factor and yield per voyage, taking care of workforce well-being through hybrid work schedules, continuous cost-rationalization (fuel, vessel and equipment, system efficiency), shortened billing and invoice cycles for steady cash flow, and statutory compliance and risk-mitigation.
In his message to shareholders, RJ highlighted the importance of sustainability. “Sustainability is our corporate commitment to balanced integration of economic, environmental, and social factors into our everyday business operations. As we face disruption and change, never before has sustainability been more important to ensure the protection of our stakeholders: our shareholders, our customers and suppliers, our employees and their families, and Mother Nature.”
All resolutions submitted for shareholder approval were adopted. Elected as Directors for this year’s Board are: Doris Magsaysay Ho, Antony Louis Marden, RJ Madamba, and Michael Escaler, and Independent Directors Deogracias Vistan, Rene Buenaventura, and Virgilio Peña. The auditing firm SyCip Gorres Velayo & Co. (SGV) was nominated as an external auditor.
Lorenzo Shipping Corporation (LSC) celebrated its golden anniversary in the industry with an intimate gathering to look back on its 50-year journey. Held at the 20th Floor, Times Plaza Building, on October 17, the fun celebration was graced by Magsaysay Shipping and Logistics (MSL) President and CEO Jesse H. Maxwell and LSC President and COO RJ B. Madamba. Magsaysay Group President and CEO Doris Ho joined the LSC MPs from provincial offices and onboard crew members virtually via Teams Meeting.
“This milestone is another opportunity for us to think about the future. Let’s go into this new decade, 51 and beyond, with more wisdom, greater strength, and passion to be the best in class,” said Jesse in his inspirational message as he thanked all LSC MPs for their hard work and dedication.
With the vision to become the gold standard in providing domestic liner shipping and transportation, LSC was established in 1972. Over the years, as the demands of the industry grew, LSC strived to respond and expand its services. Now, the company operates eight (8) container vessels in ten (10) major ports nationwide – Manila, Bacolod, Cagayan de Oro, Cebu, Cotabato, Davao, Dumaguete, General Santos, Iloilo, and Zamboanga cities.
“Our collective efforts make LSC a great company. Despite the challenges, we are still here. Despite the limitations, we still exceed,” said RJ in his toast message. To commemorate LSC’s journey, a thanksgiving video was presented as a tribute to all the men and women who have loyally served the company over the years.
Much has changed since 1972, but LSC remains committed to service excellence and dedicated to helping customers find solutions for their transportation needs.
The celebration was organized by MSL HR and LSC Marketing Team. LSC MPs also enjoyed raffle draws and Filipino merienda during the simple gathering.
MV Lorcon, a cargo ship managed by Lorenzo Shipping Corporation (LSC), successfully rescued four stranded locals–a preacher, two fishermen, and 1 baker–after strong winds caused damage to their motorboat (bangka).
The locals left Naujan, Oriental Mindoro at around 1351H last March 6 for a religious mission in Marinduque. Mr. Godofredo Gan, a local preacher, was part of the group. Unfortunately, due to bad weather and rough seas, their motorboat sustained a hole in the hull where water entered and filled their boat.
While MV Lorcon’s underway to Manila, crew members heard the distressed shouting and asking for help from the four survivors. Without hesitation, the Master instructed the crew members to rescue and aid the stranded locals who are seen clinging on the other side of their vessel to keep themselves afloat.
Capt. Manuel Diamante, Master onboard MV Lorcon Iloilo, shared that he’s very proud with the displayed bravery of his entire crew during the rescue sea operation. He also thanked Capt. Rodolfo Gerance, who was also onboard during the rescue operation, for the turnover of command.
After the successful rescue, the four locals were accommodated by MV Lorcon crew and provided all necessities such as food, water, blankets and dry clothes, as well as given immediate medical attention. They were then officially turned over to the Philippine Coast Guard (PCG) Manila.
Driven by We Care and Enthusiasm, MV Lorcon crew members’ malasakit and sigasig during these critical times is a great example of how Magsaysay People (MPs) truly honor and live the Magsaysay values.
As a token of appreciation, Magsaysay Shipping and Logistics (MSL) and LSC management awarded a plaque for their courage and granted cash bonuses to the entire MV Lorcon crew.
Lorenzo Shipping Corporation (LSC), held its Annual Stockholders’ Meeting last Friday, June 25th – the second time the publicly listed company held the meeting virtually (online, via remote communication) in light of the COVID-19 global pandemic and in support of measures to prevent its spread.
Led by Doris Magsaysay Ho, Chairperson of LSC, with Reynold John Madamba, President of LSC, the meeting highlighted the presentation of the company’s Management Report and the approval of its Audited Financial Statements for 2020 as well as the nomination of directors and appointment of external auditor for 2021.
“Lorenzo Shipping Corporation had to shift gears to adapt to the new challenge at hand. On top of the strategies that focused on recovery, we also had to map out a game plan for resiliency,” shared by the LSC President in his management report.
“In addition to its Board of Directors, key stockholders and proxies representing them, the meeting was attended by Magsaysay Shipping and Logistics’ Jesse Maxwell, Chief Executive Officer; and LSC’s Amelita Intalan, Chief Finance Officer; Jay Olivares, Chief Compliance Officer; Atty. Christine Villegas, Corporate Secretary; and Atty. Ruby Reyes, Assistant Corporate Secretary.
Elected as Directors for this year’s Board are: Doris Magsaysay Ho, Antony Marden, RJ Madamba, and Michael Escaler and Independent Directors Deogracias Vistan, Rene Buenaventura, and Virgilio Peña. The auditing firm SyCip Gorres Velayo & Co. was nominated as external auditor.
After the Annual Stockholder’s Meeting, the newly elected Board of Directors conducted their first Board meeting.
Dear Business Partner:
Your business matters. We carry. We move. We deliver. We know that amid the COVID-19 global health emergency, your customers depend on your continued service now more than ever. At Lorenzo Shipping, we are taking the global threat seriously and have put in place precautionary measures and protocols to ensure we keep your business moving.
In line with the recently announced Enhanced Community Quarantine of Luzon from March 15 to April 14 and with the President’s Declaration of the country under state of calamity, Lorenzo Shipping remains fully operational and committed to delivering on its promises to clients and partners worldwide. Shipping operations to and from the ports of call that we serve (Manila, Cebu, Bacolod, Iloilo, Dumaguete, Davao, Cagayan de Oro, Zamboanga, Cotabato, and General Santos) will sail as scheduled with minimal to no service disruption from our end. We have enacted risk mitigation and business continuity protocols to ensure this.
At the same time, we are determined to keep our people and their families protected from the coronavirus (COVID-19). Our people dutifully and diligently practice preventive measures to help stop the spread of the virus. In addition, in helping limit the exposure of our teams, we have put in place flexible work arrangements such as compressed work week, flexible work schedules, and options to work from home or remotely from office locations across the country.
Although we have taken steps to enforce social distancing and are discouraging face-to-face meetings – including client visits – for the time being, our Account Executives and Customer Service Representatives remain contactable through business email, business mobile numbers, and through Microsoft Teams or Skype in supporting your business on any queries on shipping and cargo requirements. Our teams will continue to monitor the developing situation as it evolves and will provide you with updates as needed.
Thank you for your continued patronage, confidence, and trust. Keep safe and don’t hesitate to reach out to us for any questions or concerns. We remain, as ever, your reliable global shipping and logistics solutions partner whom you can trust to keep your business moving.
Sincerely yours,Lorenzo Shipping Corporation (LSC) recently received the Certificate of Compliance (COC) on General Labor Standards and Occupational Safety and Health Standards on 18 September 2014 from the Department of Labor and Employment (DOLE) at the Ichikawa Hall, Occupational Safety and Health Center (OSHC) Complex, Diliman, Quezon City. The Labor Laws Compliance System (LLCS), embodied under Department Order 131-13, is a reform program of the DOLE that aims to build a culture of voluntary compliance and to strengthen industrial peace and harmony in the country. DOLE Secretary Baldoz said that what makes the LLCS more acceptable and effective is that it is tripartite, involving workers and employers who the government brings together to foster common understanding of the benefits of complying with all labor laws and OSH standards.
LSC was certified compliant with General Labor Standards and Occupational Safety and Health Standards pursuant to a Joint Assessment conducted 30 April 2014. The certificate is valid for two (2) years. LSC, a containerized liner service linkseleven major ports in the Philippines, namely, Manila, Batangas, Bacolod, Cebu, Dumaguete, Iloilo, Tagoloan, Cotabato, Davao, General Santos, and Zamboanga. Cargoes are moved using international standard dry containers and other specialized container types requiring special carriage. LSC operates seven full-container vessels that are ISM (International Safety Management) certified and are classed by the International Association of Classification Societies (IACS).
Lorenzo Shipping Corporation (LSC) was a stand-out during the 1st Coca-Cola Supplier Relationship Management Summit conducted at Shangri-La Mactan, Cebu last August 26, 2010, as it bagged the Gold Award for Quality, Service and Cost Efficiency.
From a roster of CCBPI's supply chain management service providers not only in the Philippines but of other Asia-Pacific countries as well, LSC managed to excel through its sophisticated methods of handling CCBPI door-to-door deliveries throughout the Philippines, improved sailing frequency, availability of containers and trucks and on-time monitoring and reporting of cargo movements.
With this recognition, LSC commits to continuous improvement, geared up to support CCBPI's 2020 Vision.