TUGBOAT operator Harbor Star Shipping Services Inc. on Wednesday said it signed a tug-assist and mooring service contract with Chevron Philippines Inc.
In its disclosure, the company said it will provide harbor assist and mooring services to tankers calling on Chevron’s terminals in Batangas, Cebu, Davao and Misamis Oriental.
“TUGS was awarded the contract after competitive bidding and selection, with nationwide presence, safety, reliability and track-record used as among the criteria. The contract will be for three years beginning February 1, 2019,” it said.
“This is in line with TUGS direction to continually enter into exclusive service contracts with customers to guarantee recurring revenue,” it added.
In September 2017, it entered into a service contract with GNPower Kauswagan Ltd. Co. to exclusively provide the docking, undocking and emergency requirements of vessels calling GNPower’s terminal in Lanao del Norte. The contract is until September 2020.
