Lite Shipping Corporation


Lite Shipping Corporation, is a Cebu City-based shipping line, that operates the Lite Ferries, a brand consisting of a fleet of more than 20 ships. The corporation has its origins from Bohol, and is the flagship company of Lite Holdings, Inc. At present, the corporation also owns and manages Danilo Lines, Inc. and Sunline Shipping Corporation.

History

The company was a wholly owned subsidiary of Lirio Enterprises, Inc., a general trading firm doing business nationwide. It started as a shipping division of the mother company in the middle of 1988 when it bought two vessels - the MV Sto. Niño de Soledad, a 500-ton DWT capacity steel-hulled vessel and the MV Sto. Niño, a wooden hull 200-ton capacity vessel. Initially, the cargo loaded was mostly goods traded by Lirio Enterprises, Inc. like salt, rice, cement, fertilizers, sugar, etc. Sometimes they would accept other cargoes for backload when the occasion demands it. This shipping division was spun off as a separate shipping corporation in July 1989 when the Philippine Securities and Exchange Commission approved the Articles of Incorporation and by-laws of Lite Shipping Corporation.
The Lite Shipping Corporation fleet then consisted of 15 roll-on/roll-off vessels, 12 passenger vessels and 3 cargo ships. In November 1991, the corporation acquired its third vessel, the MV St. Gabriel, a steel-hulled 30-ton capacity cargo boat due to the strong demand for the smaller cargo vessel in the trading operation of the mother company. In January 1992, the company expanded into the cargo/passenger shipping business with the purchase of a 175 gross-ton roro car/truck carrier from the U.S. Navy, the LCT St. Mark. It has a capacity of four ten-wheeler cargo trucks, five cars and 50 to 70 passengers. It is the franchise holder for the Argao, Cebu to Loon, Bohol route as a daily car/truck ferry.
In November 2019 Lite Shipping Corporation bought the now-defunct George and Peter Lines it took over their routes and acquiring its vessels

Lite Shipping Corporation to Lite Ferries

In 2010, the Lite Shipping Corporation launched a new corporate brand name, along with a more contemporary and dynamic company logo, for all its vessels, now known as the Lite Ferries.

Lite Holdings, Inc.

Lite Holdings, Inc. was formed as a Holding Company with the following corporations under its umbrella:
  1. Lite Shipping Corporation also owns and manages Danilo Lines, Inc. and Sunline Shipping Corporation. The management team is headed by COO Engr. Fernando A. Inting and OIC Jonathan Lim-Imboy;
  2. Cebu Lite Trading, Inc. was established in 1991 as a distributor of local cement brands and is also engaged in the importation of rice from Vietnam and Thailand as well as a major cement importer. The OIC for Cebu Lite Trading is Rowena Imboy-Lim.
  3. Lirio Shipping Lines, Inc. started only recently, and is led by Raymund Lim-Revilles as the OIC and he has steered the company into a major provider of LCT barges for the Mining Industry. They are also into Ship Management.
  4. Lite Properties Corporation is the latest venture of Lite Holdings Group and is engaged in real estate development particularly economic and low cost housing as well as strip mall development in Cebu and in Bohol. OIC for Lite Properties is Atty. Dominique D. Lim and ably assisted by Rochelle Brigitte Lim-Imboy.
  5. Lou's Square Development Corporation operates the hotel and restaurant business of Soledad Suites in Tagbilaran City as well as Casa Filomena Resort in Panglao and Pamilacan Island Paradise, all in Bohol where the Lim Family traces their roots.

    Fleet

Present

As of June 2017, Lite Ferries have 23 ferries that are ROPAXes plus 2 Cargo RORO LCTs.
She Is Currently Serving Cebu - Tubigon Tubigon - Cebu Route.
Lite Shipping's main port of call is at the Port of Cebu City. She has routes to the ports of Pulauan, Dipolog, Larena, Mandaue, Ormoc, Naval, Plaridel, Samboan, Oslob, San Carlos, Sibulan, Tagbilaran, Toledo, Cagayan de Oro, Jagna, Tubigon, Dumaguete, Nasipit, Bogo and Calbayog.
At present, these are the routes served by Lite Ferries:
These are the shipping companies of Lite Shipping: