Milestones

19 March, 2002

19 March, 2002

Udenna Corporation registered with the Securities and Exchange Commission (SEC)

May 8, 2002

May 8, 2002

Phoenix Petroleum Philippines, Inc. registered with SEC.

May 31, 2006

May 31, 2006

Phoenix Petroleum Holdings, Inc. registered with SEC.

June 8, 2006

June 8, 2006

Udenna Management & Resources Corp. registered with SEC

July 17, 2006

July 17, 2006

Chelsea Shipping Corp. was registered with SEC.

July 25, 2006

July 25, 2006

Global Synergy Trade and Distribution Corp. registered with the SEC.

July 31, 2006

July 31, 2006

P-H-O-E-N-I-X Global Mercantile, Inc. registered with SEC.

September 5, 2006

September 5, 2006

Udenna Insurance Agency, Inc.”) now known as “PNX –Udenna Insurance Brokers Inc.”, registered with SEC.

January 31, 2007

January 31, 2007

P-F-L Petroleum Management, Inc. registered with the SEC.

February 16, 2007

February 16, 2007

Valueleases Inc. registered with SEC.

February 20, 2007

February 20, 2007

Subic Petroleum Trading and Transport Phils., Inc was incorporated and acquired by Phoenix Petroleum Philippines, Inc.

July 11, 2007

July 11, 2007

Phoenix Petroleum Philippines, Inc. became a publicly-listed company, the first independent oil company to be listed in the Philippine Stock Exchange after the Oil Deregulation Law was passed in 1998.

November 26, 2007

November 26, 2007

Udenna Development (Udevco) Corporation registered with the SEC.

March 1, 2008

March 1, 2008

Chelsea Shipping Corp. acquired 100% of the shares of Bunkers Manila, Incorporated.

September 1, 2008

September 1, 2008

Chelsea Shipping Corp. acquired 100% of the shares of Michael Inc.

March 10, 2009

March 10, 2009

Phoenix Petroleum Philippines, Inc. acquired Bacnotan Industrial Park from Phinma Group. “Phoenix Petroterminals and Industrial Park Corp.” to own and operate said Industrial Park. (PPIPC – registered with SEC 7 March 2006)

January 8, 2010

January 8, 2010

Udenna Environmental Services, Inc. was registered with the SEC.

April 29, 2010

April 29, 2010

Udenna Energy Corporation was registered with the SEC.

February 2, 2011

February 2, 2011

PNX – Chelsea Shipping Corp. was registered with the SEC.

January 16, 2012

January 16, 2012

Subic Petroleum Trading and Transport Phils., Inc was acquired by Phoenix Petroleum Philippines, Inc.

January 24, 2012

January 24, 2012

Udenna Capital Inc. registered with the SEC

March 30, 2012

March 30, 2012

Chelsea Ship Management & Marine Services Corp. registered with the SEC.

March 13, 2013

March 13, 2013

GoHotels Davao, Inc. registered with the SEC.. GoHotels Davao is a joint venture between Robinsons Land Corporation and Udenna Development (UDEVCO) Corporation.

April 8, 2013

April 8, 2013

Fortis Tugs Corporation registered with the SEC.

March 27, 2014

March 27, 2014

South Pacific Inc. was incorporated. SPI is a joint venture of Phoenix Petroterminals and Industrial Park Corp. with 168 Gas Corp. and Seaport Offshore Inc.

September 23, 2014

September 23, 2014

Udenna Tower Corporation registered with SEC.

October 2015

October 2015

South Pacific Inc. started its operations

June 9, 2016

June 9, 2016

Chelsea Marine Manpower Resources Inc. registered with SEC.

June 18, 2016

June 18, 2016

Ground-breaking of Meridian Maritime Center to be constructed at Phoenix Industrial Park at Calaca, Batangas. The Maritime Center is a joint venture of Chelsea Shipping Corp. and Meridian International Maritime Training Center, Inc.

June 24, 2016

June 24, 2016

Ground-breaking of Udenna Tower at Bonifacio Global City

August 26, 2016

August 26, 2016

Chelsea Shipping Group Corp. (now “Chelsea Logistics Corp.“ registered with SEC.

November 24, 2016

November 24, 2016

Chelsea Shipping Group Corp. and Udenna Development (UDEVCO) Corporation acquired Chelsea Shipping Corp. and Phoenix Petroterminals and Industrial Park Corp. respectively, from Phoenix Petroleum Philippines, Inc.

December 12, 2016

December 12, 2016

Chelsea Shipping Group Corp. acquired Trans-Asia Shipping Lines, Inc. and its subsidiaries

December 15, 2016

December 15, 2016

Fortis Tugs Corp. acquired Davao Gulf Marine Services, Inc.

December 21, 2016

December 21, 2016

Chelsea Shipping Group Corp. was renamed “Chelsea Logistics Corp.”



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