The CEO Magazine Asia — December 2017

that the company’s investors get value and

the business gives back to the community.

“Success is if we feel that our investors are

getting their value and we’re able to share

this through our social corporate

responsibility in the areas we serve.

It’s not only focusing on the

bottom line; it is also about

giving back to the

community we are in,” he

says. “In fact, we have

existing programs on the

environment, on

education, and on disaster

relief and support. We are

also coming up with a

program to provide

scholarships to seafarers. Again, it’s

about getting good returns for investors

and giving back to the community. If we’re

able to do that in a significant way, then we

can say that we are successful.”

Chryss believes more should be done to

support the shipping industry, which will in

turn boost the Philippines’ economy.

“Shipping and logistics is one of the

industries that is really needed to support the

growth of the economy in the Philippines,

particularly with the country being an

archipelago. The government now has

a ‘build, build, build’ mentality.

And it’s not just the

government; the private

sector has also been

expanding a lot outside the

metropolis. With that in

mind, there is a need for

more and better shipping

and logistics support to

achieve those ‘build’ scenarios.”

The next phase for Chelsea

Logistics is ramping up its logistics

capabilities and potentially taking its offerings

to the skies. “We are looking to be the

dominant player in the shipping and logistics

industry. We’re the market leader now, but we

want to consolidate to show our dominance.

It’s important for us to get more profits, and

Fast Fact

Chelsea Logistics’ approval for

listing came on the same day

Phoenix Petroleum celebrated its

tenth anniversary of listing.

Half page advert

PPG Coatings (Philippines)

PPG SIGMA SAILADVANCE™ RX and GX

Advanced, low-friction, self-lubricating antifoulings with extended idle times

In today’s competitive market
environment, optimized
productivity and fuel savings are
of vital importance. To answer
this need, we introduce the
premium antifouling PPG SIGMA
SAILADVANCE™ series, specifically
developed to reduce energy
consumption, which delivers lower
total operational costs.

Features and Benefits

• Designed for all vessel types and speeds


• Particularly effective for slow-steaming
  ships due to the patented CSPs’
  engineered surface


• Suitable for application at new-build and
  dry dock


• Fuel savings averaging 5%


• Evolves in a linear polishing and
  consistent biocide release for predictable
  performance up to 90 months
  
  
  • Low-friction properties from lubricating
    CSPs suppressing turbulent flow
  
  
  • Extended idle days through the release
    effect of CSPs creating a slippery surface
  
  
  • Constant surface activity resulting in limited
    leach layer build-up
  
  
  
  

Traditional antifouling SAILADVANCE PPG SIGMA RX/GX

effect of CSPs The release

a slippery creating

surface and low-friction

properties

INSPIRE | Interview