About the Company
Built on Trust. Committed to Progress.
Founded in 1992 as a family corporation, E.B. Aznar Shipping Corporation has grown from a single barge into a modern multi-vessel shipping company dedicated to connecting island communities across the Philippines.
Company Profile
Company History Background
From a single cargo barge to a modern inter-island fleet serving communities across the Visayas.
A shipping company takes shape.
During the early part of the 90s, Mr. Emmanuel B. Aznar acquired a barge named LCT Melrivic 1 for use by E.B. Aznar Mining Co. It was primarily used to transport coal from Cebu to Negros and, occasionally, for tramping contracts with clients to various ports in the Philippines.
When demand for local coal began to drop due to the influx of cheaper imported coal, the vessel was redirected toward underserved island routes. E.B. Aznar Shipping Corporation (EBASCO) was incorporated on December 11, 1992 as a family corporation of Emmanuel B. Aznar.
Rooted in Cebu
The principal place of business was at the second floor of Aznar Building, T. Padilla Street, Cebu City. The corporation was composed of Emmanuel B. Aznar as President, Mrs. Zoraida S. Aznar as Corporate Secretary and Treasurer, and their children, Dr. Theresa S. Aznar, Dr. Odalie Aznar Madamba, and Atty. Alexander S. Aznar as directors.
The first RO-RO routes
In August 1993, the first RO-RO vessel, Melrivic 2, was acquired and became operational by October 1993 on the Tuburan-Escalante route. Melrivic 3 followed in 1994, initially serving Carmen-Isabel before augmenting the Danao-Isabel route in 1996.
Passenger and cargo growth
The company continued expanding its passenger and cargo fleet through the late 1990s. As market conditions changed, it focused on Roll-on/Roll-off and passenger shipping, which remains the company's core business.
A modernized fleet
The company began a fleet modernization program with Manoling 1 and Manoling 2, followed by Manoling 3 in 2021. The ongoing program reflects the company's commitment to reliable service and long-term growth.
Mission, Vision & Values
Guided by reliable service and responsible growth.
We are committed to creating lasting value for our customers, people, communities, and partners across the Visayas and beyond.
Mission
For Our Customers
We deliver safe, reliable, efficient, and customer-focused maritime transport and logistics services that connect people, goods, and businesses across the Visayas.
For Our Employees
We foster a culture of professionalism, safety, teamwork, continuous learning, and growth, empowering our people to reach their full potential.
For Our Communities
We connect islands, enable commerce, and contribute to economic development by providing dependable maritime services that improve the lives of the communities we serve.
For Our Investors and Shareholders
We create sustainable growth and long-term value through operational excellence, innovation, sound governance, and responsible stewardship.
To be the leading and most trusted shipping company and logistics partner in the Visayas, recognized for reliable and excellent services, and for continuous innovation.
Values
Accountability
We take ownership of our responsibilities and honor our commitments.
Service Excellence and Stewardship
We are committed to delivering exceptional service through safety, reliability, professionalism, and continuous improvement.
Honesty
We conduct our business with honesty, transparency, and fairness.
Innovation
We embrace change and continuously seek better ways to improve our services, processes, and operations.
Organizational Chart
Operating structure for governance and execution.
The approved organizational chart has not yet been published.
Group Structure
E.B. Aznar Shipping Corporation
The approved group structure has not yet been published.
Shareholding Structure
Shareholder Information
The approved shareholding disclosure has not yet been published.
Our Leaders
Our Leaders
Corporate Charter Documents