FOSCON SHIPPING AND MARINE TRANSPORT INC. was set up on March 12th of 2007 under name of FOSCON Shipping and Marine Services Inc. to engage in the Business of ship owners, managers, Operators and charterers.
On August 2007, the Company entered into a contract of ship management with domestic ship owners who engages with oil Majors and Local oil companies here in the Philippines. (Such as Petron Corporation, Filipinas Shell Corporation, Caltex and FIL Oil, Phoenix Corp, etc.)
As part of the company’s business aspiration to greater heights, the company has changed its name to FOSCON SHIPPING & MARINE TRANSPORTATION, INC. on June 2008 and the company has started to carry out intense marketing strategy.
On July 2008, the company entered into a contract of bare boat charter with Korea ship’s Owner for oil/product tankers and sub-chartered with Petron Corporation and Filipinas Shell Corporation and engaged its business until June of 2010.
The owner of the bare boat charterer decided to sale the vessel and one of domestic ship’s owners purchased the vessel and ship’s managers business was continued with us due to oil majors requirements. Presently we are still involved for ISM/SMS documents control for the vessels.
On May 2010, as proof of the company’s never ending dream of becoming a topnotch ship management, the company has reinforced the management personnel with a qualified pool of Masters and Engineers with many years of experience in ship management operation. As of now, we are holding the Panama flag state DOC for Oil/Chemical/Gas Carrier and Bulk Carriers.
Employee Happiness and
Contribute to Shipping Industry
World Class Standard Ship Management Company