Harbor Star Shipping Services, Inc.
PPSE:TUGS1.48
PHP
-0.01
(-0.67%)
Harbor Star Shipping Services, Inc.
PSE:TUGS
(Philippine Stock Exchange)
Recent
price
1.48
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Harbor Star Shipping Services, Inc. is a Philippines-based maritime services provider engaged in offering integrated marine support, harbor assistance, ocean towage, marine salvage, and specialized subsea solutions. Founded in 1998 and headquartered in Makati City, Philippines, the company operates across major domestic base ports, private terminals, and regional maritime routes throughout Southeast Asia. Harbor Star Shipping Services operates through key business segments comprising Harbor Assist, Towage, Lighterage, Salvage and Marine Response, Diving and Underwater Marine Works, and Marine Construction Support. The company provides a comprehensive suite of maritime services, including harbor tug assistance for docking, undocking, berthing, and shifting of container vessels, bulk carriers, tankers, and general cargo ships; ocean and coastal towage of non-propelled barges, oil rigs, dead ships, and offshore structures; lighterage and barging services for the transportation of dry bulk commodities such as coal, cement raw materials, clinker, sand, aggregates, and mineral ores; emergency marine response, vessel refloating, wreck removal, marine firefighting, and oil spill containment; commercial diving, underwater hull cleaning, propeller polishing, non-destructive testing, and underwater cutting and welding; and marine civil engineering support, dredging, jetty rehabilitation, and heavy-lift crane barge operations. Harbor Star serves international shipping lines, port operators, energy and utility companies, mining enterprises, and industrial charterers through an extensive fleet of harbor tugs, ocean-going tugboats, deck barges, oil barges, and landing craft transport (LCT) vessels, supported by subsidiaries including Harbor Star Energy Corporation and Harbor Star Subsea Innovations, Inc. In recent strategic developments, the company has broadened its maritime engineering capabilities to include submarine power and telecommunication cable laying, maintenance, and subsea inspection services; expanded its fleet with higher bollard-pull tugs and shallow-draft transport vessels to service expanding industrial hubs; advanced diversification initiatives into renewable energy generation and distributed power; and entered strategic partnerships to strengthen marine environmental emergency response and salvage readiness across Philippine and regional waters.