Petrolift Group Information

The Petrolift Group is engaged in the business of providing oil and gas tankering, bulk logistics, and other allied marine services. Petrolift Inc. was incorporated in the Philippines on May 15, 1992 to serve a growing demand in the domestic petroleum tankering industry, i.e., the need for newer and internationally classed petroleum tankers. It was a need brought about by the growing concern for the environment, coupled with the aging fleet of domestic tankers. Petrolift pioneered the transformation and modernization of the domestic tankering industry when it introduced in 1993 the country’s first locally-built internationally classed tanker-barge, which earned the “Maltese Cross” rating from the American Bureau of Shipping (ABS), one of the world's leading ship classification societies and a member of the International Association of Classification Societies (IACS). The “Maltese Cross” rating is the highest class distinction for vessel construction. This was immediately followed by the delivery of another newly-built ABS-classed tanker-barge, which also earned the Maltese Cross notation. The introduction of these internationally-classed vessels to the domestic tankering industry gave Petrolift the first mover advantage, and since then, the Company has consistently been a leader in complying and applying world-class standards.