Mabuhay Vinyl Corp. (MVC) and Magsaysay Transport and Logistics Corp. (MTLC) recently held the formal blessing of M/T Snoopy III at Corregidor Island’s South Dock.
M/T Snoopy III is one of three vessels owned by MVC that transport hydrochloric acid and liquid caustic soda from MVC’s plant in Iligan City to depot facilities and customers nationwide.
MVC is one of the country’s leading manufacturers of basic chemicals for enhancing life and preserving the environment. It derives its products from one of earth’s most abundant minerals — salt — by breaking it down through electrolysis in order to form compounds that MVC’s customers use to make products which people need in their everyday life.
MVC has been serving Philippine industries this way for more than 45 years. MVC is listed in the Philippine Stock Exchange since 1997.
MAGTech Solutions and Marine Consultancy Services Inc., one of the business units under MTLC, supervised the conversion and dry-docking of M/T Snoopy III.
The tanker was converted from single to double hull in accordance with the International Maritime Organization’s (IMO) Regulation 13 of Annex 1 of the Marpol, which was fully implemented locally by the Maritime Industry Authority.
M/T Snoopy III will be the third MVC-owned vessel to be managed by Magsaysay Ship management Inc. (MSI), also a business unit under MTLC.
MSI currently manages a fleet of vessels consisting of product and chemical tankers, petroleum barges, container ships, general cargo ships, fast-ferries and specialized vessels in the domestic trade.
The addition of MVC’s M/T Snoopy III brings to 45 the total number of vessels managed by MSI.
Said Edwin Umali, president and COO of MVC, “Our partnership with Magsaysay will enable us to improve our water transport capabilities, thereby making us more responsive to the needs of our customers.”
During the occasion, MVC and MSI also awarded a token of appreciation to the officers and crew of M/T Snoopy III for their heroic deeds in rescuing 12 persons from a fishing vessel that capsized during the onslaught of Typhoon “Sendong” in Northern Mindanao late last year.