Chelsea Logistics and Infrastructure Holdings Corp. (C), a company that operates ships and handles cargo in the Philippines, announced impressive financial results for 2025 during their stockholders’ meeting on May 12, 2026.

The company earned a total revenue of PhP 9.016 billion in 2025, which is 13% more than what they made in 2024. Think of revenue as all the money a company receives from selling its services – in Chelsea’s case, from transporting goods and people by sea.

Understanding the Real Performance: From One-Time Gains to Steady Growth

Chelsea Logistics’ Chief Financial Officer (CFO) Darlene S. Agus-Binay explained something important about how to understand the company’s earnings. While Chelsea made a profit of PhP 50 million in 2025, this might seem smaller compared to 2024. However, she clarified that 2024’s profits included special one-time money from debt restructuring and property settlements – these are like getting extra money that won’t happen again.

The 2025 profit of PhP 50 million came purely from the company’s regular business operations, which shows the company is now making money the sustainable way – through its actual work of moving cargo and passengers.

What is EBITDA and Why Did It Surge 55%?

More importantly, Chelsea’s EBITDA grew by 55%. EBITDA stands for “Earnings Before Interest, Taxes, Depreciation, and Amortization” – which sounds complicated, but think of it as a measure of how much actual cash the business generates from its operations. This 55% jump shows that Chelsea’s core business is getting much stronger at making money.

What Made Chelsea Grow?

According to President and CEO Chryss Alfonsus V. Damuy, several parts of Chelsea’s business performed well:

• Freight and Cargo: They moved more goods and charged better rates
• Passage: More passengers traveled on their ships
• B2B Logistics: Their business-to-business logistics operations expanded significantly
• Food & Beverage (F&B) operations: This part of their business grew

Keeping Ships Running Almost All the Time

Mr. Damuy shared that Chelsea managed its operations very efficiently, achieving nearly 100% availability rate for tankers and tugboats. This means their ships were working almost all the time instead of sitting idle for repairs.

They did this by finding different suppliers for spare parts and making ship maintenance (called “drydocking”) more efficient. This helped them avoid the delays that many other shipping companies faced globally.

New Ship Joins the Fleet

In December 2025, Chelsea welcomed a new vessel called MV Starlite Resilience, which is 67 meters long. This ship started working in February 2026 and has “Pioneering Status” – a special designation for serving a unique route connecting Roxas, Caticlan, Odiongan, Batangas, Romblon, Magdiwang, and Culasi.

Dealing with the 2026 Oil Crisis

Mr. Damuy explained how Chelsea is handling the 2026 global oil crisis, which made diesel fuel much more expensive. The company is using several strategies:

• Bunker Adjustment Factors: Additional charges that can be adjusted based on fuel costs
• MARINA-regulated rate adjustments: Getting permission from the Maritime Industry Authority to adjust prices
• Route optimization: Planning better routes to use less fuel

These strategies help protect the company from losing money when fuel prices go up suddenly.

Giving Back to Communities

Beyond making profits, Chelsea Logistics participates in various community programs including tree planting (reforestation), blood donation drives, feeding programs, donating basic goods to communities, supporting the Brigada Eskwela school maintenance program, and providing on-the-job training opportunities.

Mr. Damuy thanked the company’s stakeholders, saying their trust helped Chelsea push through challenges in 2025, and emphasized the company’s commitment to good governance and developing its employees.

This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.