2GO Group Inc. has inaugurated its newest ship, the MV 2GO Masigla, signifying its commitment to elevating the local sea travel experience.
First Lady Louise Araneta-Marcos led the launch of the vessel which will navigate routes connecting Iloilo, Bacolod, Cagayan, and Manila.
“The MV Masigla represents our common vision for the Philippines where we aspire for more vibrant communities and thriving industries,” Frederic DyBuncio, 2GO president and chief executive, said.
“We continue to invest and become a catalyst towards the realization of this goal and today, reflecting this commitment by providing our passengers with cruise-like amenities that elevate sea travel while remaining affordable for the Filipino,” DyBuncio said.
Will Howell, chief financial officer and treasurer, said the company forecasts growth faster than the country’s economic expansion.
“Typically, as a metric, we try to grow maybe two times the gross domestic product. That’s kind of just a measure that we look at,” Howell said.
Government economic planners target economic growth ranging from 6 percent and 7 percent this year.
“We feel there’s definitely room to grow, especially in the Visayas and Mindanao. But there are headwinds as well within the geopolitical landscape. So I would say we’re cautiously optimistic,” Howell said.
The launch of the MV Masigla aligns with 2GO’s larger mission to foster greater accessibility and connectivity for passengers and business.
MV 2GO Masigla’s operations help connect goods reaching various ports as Iloilo, Bacolod, Cagayan and Manila 50 percent faster than traditional freighters. Swift turnaround times enable businesses to expedite their supply chains and meet their commitments with confidence.
The 2GO Group, forming part of SM Investments Corporation, is the largest point-to-point transportation and logistics provider in the country with five business units: 2GO Sea Solutions, 2GO Special Containers and Value-Added Services (SCVASI), 2GO Express, 2GO forwarding and 2GO Logistics.
2GO offers multimodal transportation, warehousing and inventory management, special containers, and project logistics as well as e-commerce logistics, including last-mile and express courier deliveries.
It also provides sea travel, and a wide range of peripheral logistics such as freight forwarding, import and export processing, and customs brokerage.
