Shouldn’t We Be Downsizing Our Liners Now?

In the ten years after the end of World War II, the bulk of our liners were ex-”FS” ships with a sprinkling of former “F” ships, former “Y” ships and former small minesweepers of the US Navy which were even smaller ships. The first-mentioned ship was only 55 meters in length. Passenger capacity then of 200-300 were normal. The built capacity was not too high as our population was still small then with a little over 20 million people and besides, the country and the economy were just beginning to recover from the devastation of the Pacific War

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An ex-“FS” ship (Photo credits: Manila Chronicle and Gorio Belen)

In the next decade after that, there came the lengthened former “FS” ships which are over 60 meters in length with three decks. Passenger capacities then rose a bit. The lengthening of ex-”FS” ships, which was still the dominant liner type then was a response to the growing capacity need because the population was beginning to increase and trade was also on the rise. In 1960, our population already rose to 27 million.

In this period, there were no other sources yet of new liners as the European market was not yet discovered except by Compania Maritima and practically there were no surplus ships yet from Japan. It is true that we then already had some big ships mainly in the form of ex-”C1-M-AV1” ships which were US surplus from the war and former European passenger-cargo ships in Compania Maritima’s fleet. These big liners (by Philippine standards) averaged some 100 meters in length.

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An ex-“C1’M-AV1” ship (Photo credits: Philippine Herald and Gorio Belen)

In passenger capacity, however, those big liners then were not even double in passenger capacity compared to lengthened ex-”FS” ships. It was normal for them to have cargo holds in the bow and in the stern of the ship with the passenger accommodations in an “island” at the middle of the ship or amidship. Those big liners normally had only about 500 persons in passenger capacity.

Actually, when the European passenger-cargo ship Tekla came in 1965 to become the Don Arsenio of Carlos A. Go Thong & Co., she was then already tops in the Philippines in passenger capacity at about 700 persons. To think Go Thong has the tendency to maximize and pack it in and that ship was already 110 meters in length and one of the biggest in the country. [Well, liners of the 1990’s of that length already had more than double of that in passenger capacity.]

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Elcano by suro yan

In the middle of the 1960’s, big ships from Europe started to arrive for Go Thong and William Lines and also for Compania Maritima which had been buying ships from Europe right after the end of the war. These shipping companies had the long routes then which extended up to southern Mindanao which had many intermediate ports. Hence, big capacity matters to them. PSNC (Philippine Steam and Navigation Company) which also had routes to southern Mindanao was using ex-”C1-M-AV1” ships or if not they were using their luxury liners Legazpi and Elcano which were 87 meters in length (the two were sister ships).

It was the pattern that as the years went by the ships got bigger and its passenger capacities rose. That was a function of our country’s population increasing and hence also its trade because more population needs more commodities and goods. I am actually interested in the trivia which liner first had a 1,000 passenger capacity but right now I don’t have that data. Maybe that ship emerged sometime in the 1970’s.

In 1970, we already had a population of 37 million. And one change was Mindanao was already colonized, its population was growing fast and its new people had to connect to the rest of the country because this time most of the population of Mindanao were no longer native-born as in they were migrants from other parts of the country.

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Don Sulpicio  (Research by Gorio Belen in the National Library)

One benchmark in capacity was the Don Sulpicio which became the Sulpicio Lines flagship when she came in 1975. She had a passenger capacity of 1,424 (this could be the latter figure after refitting from a fire). But her sister ship Dona Ana has a bigger net tonnage and might had a bigger passenger capacity especially since her route was Davao while Don Sulpicio‘s route was only Cebu. The Don Sulpicio later became the infamous Dona Paz which supposedly loaded 4,000 plus passengers (guffaw!)

These two ships were only in the 90-meter class but one thing that changed with the arrival of the cruisers that were not formerly cargo or cargo-passengers ships is that they had full scantling already so the passenger accommodation stretches from the bridge to the stern of the ship. And one more, the liners became taller with more passenger decks and it is even up to bridge or navigation deck.

Of course, their spaces were not as big as the big 1990’s liners. Riding a 1970’s liner, one would find that all the spaces are “miniaturized” from the size of the bunks to the spaces between the bunks, the tables and the restaurants and the lounges. They were simply a different beast than their counterparts two decades later where spaces and amenities were really ample.

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Research by Gorio Belen in the National Library

In the early 1980’s, passenger capacities of over 1,000 was already commonplace with the biggest liners in the 110 and 120 meter class and with some featuring four passenger decks already. Actually as early as 1979 with the arrival of the sister ships Don Enrique and Don Eusebio which were southern Mindanao specialists, their capacities already touched 1,200 and yet they were only in the 110 meter class. The two were the latter Iloilo Princess and Dipolog Princess, respectively.

Actually, passenger maximization was already the game then as even 70-80 meter liners built in the 1970’s and early 1980’s, both cruisers and ROROs, already had capacities averaging 800 or so persons. These were the pocket liners in the 1980’s when the former smallest, the lengthened “FS” ships were already bowing out. In 1980, the country’s population already reached 48 million. With the development of the roads even the people of the interior were already traveling.

1980 Dona Virginia

Photo credits: Daily Express and Gorio Belen

On December of 1979, the first ship to reach 2,000 in passenger capacity arrived. This ship was the flagship Dona Virginia of William Lines. It was also the longest liner then in the country with a length of 143 meters, the longest then in our ferry fleet. And to think the Dona Virginia was not even a tall ship.

In 1988, further bigger liners arrived in the country. The Cotabato Princess which was also a southern Mindanao liner also reached 2,000 in passenger capacity. Its sister ship Nasipit Princess also had the same capacity. Both were 149 meters in length. But the new champion was the very big Filipina Princess which had a passenger capacity of over 2,900. This great liner had a length of 180 meters.

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In the 1990’s, liners of 2,000-passenger capacity or a little less became commonplace. The liner with the biggest ever capacity that existed here was the Princess of the Orient with a passenger capacity of 3,900. It was the longest-ever ship that sailed here at 195 meters. Other ships of this era that had passenger capacities of over 3,000 were the Princess of the Universe and the Princess of Paradise. Both were over 165 meters in length. All the ships mentioned from Cotabato Princess up to Princess of Paradise were liners of Sulpicio Lines.

Even with these high capacities of 2,000 and over the liners were able to pack it in in the 1990’s. I was once a passenger of the Princess of the Paradise on a Christmas trip when all bunks were taken (maybe if there were vacancies it was in the cabins). I also had a same experience on a June trip aboard the Our Lady of Akita (the latter SuperFerry 6) and the crew had to lay mattresses in the hallways because the ship was overbooked. And that ship have a passenger capacity of over 2,600. [Maybe we were technically not “overloaded” as there might have been vacancies in the cabins.]

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Princess of the Orient from Britz Salih

But things began to change in the new millennium. Maybe there was already a surplus of bottoms because there was a race then to acquire liners in the term of President Fidel V. Ramos as it was encouraged and supported. But budget airlines also came along with the intermodal buses. The demand for ship bunks began to slacken and the liners can no longer pack it in like before.

This trend was reflected in the liners fielded starting in 2000. Among the liners of the new millennium only SuperFerry 17 and SuperFerry 18 reached 2,000 in passenger capacity and just barely. And to think they are 174 meters in length. The new liners of Aboitiz Transport System already had two wagon decks instead of four passenger decks. But on a look-back the two wagon decks were also not fully loaded.

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Photo credit: port of douglas

The liner acquisitions of Sulpicio Lines in the new millennium both did not reach 2,000 passengers in capacity. Not even the very big Princess of the Stars, the Philippines’ biggest liner ever. So even Sulpicio Lines recognized that passenger demand was already declining. But unlike Aboitiz Transport System (ATS), they did not convert liners to have two cargo decks. Well, unlike ATS, Sulpicio Lines have many container ships to carry the container vans.

After 2005, only Aboitiz Transport System, Negros Navigation and latter 2GO still acquired liners (excepting Romblon Shipping Lines). None had a passenger capacity that reached 2,000. Some even had passenger capacities of less than 1,000. Most had two wagon decks that does not get full.

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SuperFerry 21 by Nowell Alcancia

If liners can no longer get full in passengers and in container vans then what is the use of acquiring liners of 150 meters length and with over 20,000 horsepower? It is useless. Liners should have lower horsepower now because fuel is the number one expense in shipping. There is also no use now running them at 19 or 20 knots. The overnight ferries have shown the way. Even though their ships are capable of higher speeds they just use economical speed now. No more racing.

Actually, the new overnight ships like what Cokaliong Shipping Lines is acquiring could be the new liners. These average 80 meters in length. Or maybe ships a little bigger than those could be acquired. And that will be like the former Cebu Ferries that were pulled out from the Visayas-Mindanao routes. Their length averages 95 meters. The engine power of all of these are all not topping 9,000 horsepower and yet they are capable of 17-18 knots if needed and that was the range then of many liners in the 1990’s.

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Our Lady of Lourdes by Ray Smith

I think the new size paradigm of the liners should just be about 100 meters maximum with a horsepower of 10,000 or less and a speed of no more than 18 meters. That will be like the smaller liners of the late 1980’s like the Our Lady of Fatima and the Our Lady of Lourdes of Carlos A. Gothong Lines Incorporated (CAGLI) which were 101 meters in length and had 8,200hp. The Tacloban Princess of Sulpicio Lines in that era was 98 meters in length had engines of 8,000hp total. Yet, all three were capable of 17 knots here.

Maybe another and probably better paradigm were the former Our Lady of Medjugorje and the Our Lady of Sacred Heart also of CAGLI. Both were former RORO Cargo ships in Japan but were beautifully refitted here. Both were 123 meters in length but only had 9,000 and 8,000 horsepower, single-engined. The passenger capacity of the two even averaged over 1,500 passengers. They might not be too speedy at about 16 knots but we have to be practical and have to scale back. In amenities and space, the two were good. The former SuperFerry 3 of Aboitiz Shipping Corporation is also a good model. At 118 meters, 9,300 horsepower, 16 knots she was a credible liner then with a passenger capacity of 2,000 . All the quoted speed were when they were already running here when they had additional metal and the engines were no longer new

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Our Lady of Medjugorje from Britz Salih

But technology has improved and for the same engine horsepower a ship can be faster. Take for example the Trans-Asia 3 of Trans-Asia Shipping Lines Incorporated. At only 9,000 horsepower and 110 meters in length, she is still capable of 18 knots here.

If liners are smaller with smaller engines then maybe weaker routes abandoned might be viable again. I think Aboitiz Transport System and 2GO had to scale back on routes because their liners and its engines were too big for the weaker routes. They tried to shoehorn a 150-meter liner in the like of Tagbilaran. No liner of that size did a Tagbilaran route before. Like even at the peak of passenger shipping no shipping company sent a liner of that size to Roxas City.

But government also has to help. Maybe, one possible step maybe is to limit the number of container ships. There might be too many of them sailing already. It is growing at a rate much ahead of our trade and production growth. So it simply diminishes the capability of a liner to be viable.

In the past before 1978, our cargo is being carried by the passenger-cargo ships. That was the reason why there was so many liners then as in over 60 in total and even 90 in the 1960’s when ships were smaller and ex-”FS” ships still dominated. What happened next is while our inter-island container fleet is growing, our liner fleet was also growing smaller because cargo is also being carried by the container ships.

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Research by Gorio Belen in the National Library

On the same route there is no way a liner can carry cargo cheaper than container ships. For the same length the container ships have much less smaller engines, the acquisition cost is much less, insurance is smaller and crewing is much smaller too and there is less regulation. Of course, they are slow. But let upon liners in competition they can practically sink the liners. I heavily doubt if our government functionaries understand this relationship and history.

It might be anti-competitive but if the government does not intervene I think our liner sector will sink and be wiped out. One possible intervention even is to decree that vehicles can only be carried by the liners. This will be added revenue for the liners. Or that liners should have fuel that is cheaper. Of course some will balk at that and suspicions of fuel diversion will always be aired. But good controls can be put in place. Unless we as a people is really that corrupt and bribable.

As it is, 2GO is profitable now when the world market prices of oil plummeted. But then one thing that worries me is their fares on the average are not lower than the budget airlines and the intermodal buses. With longer time of travel they cannot compete with budget airlines in the long run. And with frequencies that are not daily the passengers will not really wait for them.

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Maybe we should go back to this size

If the government wants the liner sector to stay it cannot just be verbal encouragement. Press or praise releases and promises are also next to nothing. There should be concrete steps and a program if they really want to save this sector. But is there anybody in government high enough that really understands this sector?

The government can put out all the verbal encouragement for other entities to enter this sector but I don’t think those who know shipping will enter this segment as things stand now. Downsizing is maybe one step that can arrest the downslide of passenger liner shipping.

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The Trucks and The Completion of the South Road Sank the Passenger-Cargo Ships to Bicol

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Shipping Guide of Philippine Herald of Dec. 10, 1938 from Gorio Belen

In the past there were passenger-cargo ships from Manila whose route were ports in the Bicol peninsula. It was numerous before the war because in that period the Bicol Line of the railways was not yet connected to the South Line (it was only connected in 1938 and was dynamited at the start of the Pacific War).

After the war there were again passenger-cargo ships sailing to Bicol mainland ports but not as numerous before the war (because the Bicol Line of the railways was again connected to the South Line and there were plenty of rolling stock left by the US Army). These ship usually called on many Bicol ports on its voyage with Larap port in Camarines Norte the farthest port (which means the ship rounds almost the entire Bicol peninsula). Madrigal Shipping, however, had a route to Bicol that go round northern Luzon(what a long route!).

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From the research of Gorio Belen in the National Library

Among the other Bicol ports where ships from Manila called were J. Panganiban and Mercedes (in Camarines Norte), Tandoc (in Camarines Sur), Virac (in Catanduanes), Tabaco and Legazpi (both in Albay)and Bulan, Casiguran and Sorsogon (all in Sorsogon). Also among the Bicol ports where postwar Bicol ships called was Masbate. Before the war there were other Bicol ports served by passenger-cargo ships from Manila like Rio de Guinobatan, Aroroy, Pilar, Donsol, Gubat, Nato, Lagonoy, Paracale, etc.

Some of these passenger-cargo ships also called in northern Samar ports before pivoting and going to eastern Bicol ports. These ships were not big as many were just former “FS” and former “Y” ships. The others that were not were just of the same size. At the postwar peak of these Bicol routes the backbone of the local passenger inter-island fleet were just ex-”FS” ships anyway. Besides the cargo was not really that big because the ships were in competition with the railways which was faster than them.

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A former “FS” ship that once had a route to Bicol (from the research of Gorio Belen)

Among the shipping companies that served Bicol, initially the most prominent was Madrigal Shipping which were mainly using former “Y” ships. Philippine President Lines served Bicol when they started in 1960 but it did not last long. Among the minor shipping companies that had routes to Bicol were North Camarines Norte Lumber which later became NORCAMCO and NCL. Others that served Bicol were N&S Lines, Rodrigueza Shipping, South Sea Shipping, Mabuhay Shipping and Eastern Shipping Company (though not all at the same time).

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From Manila Times, 6/7/67; Gorio Belen research in the National Library

How come then that these Bicol ships survived against the faster trains which had four freight trains to Bicol daily at its peak? The reason is the train only goes up to Legazpi. All the ports in Bicol served by the passenger-cargo ships to Bicol except for Legazpi were not served by the trains. As for transfers, trucks were very few in that era. And pilferage and robbery were very rampant in the trains and in its stations.

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From the research of Gorio Belen in the National Library

Trucks, in the first 30 years after the war were not a viable way to ship to Bicol. The South Road (the original name of the road going to Bicol) was not only bad. It was atrocious. Practically, only ALATCO then can complete that route then as they had many stations along the way where checks can be made and repairs performed as they have mechanics and parts in those stations. They also had tow trucks and their vehicles had regular runs and so breakdowns can be reported (most towns then do not have telephones yet; what they had were telegraphs).

Things however changed sometime in 1975 when the South Road was already nearly complete. Trucks (and buses) began to roll. And the new cemented highway extended up to Bulan. Suddenly, the speeds was faster and breakdowns became few. Where before ALATCO took two days for the Manila-Larap-Tabaco run, now the Manila-Bulan run took only a night of travel even though it passes via Camarines Norte.

These trucks can make direct deliveries to Camarines Norte, the Partido area of Camarines Sur, Tabaco and Tiwi (site of the geothermal plant) and Sorsogon, which formerly were not served by the railways. Moreover, because of the Mayon Volcano eruption of 1968 the railway service to Legazpi was also cut (the new train terminus was just Camalig).

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From go.bicol.com

In the late 1970’s the shipping lines to Bicol were already under very great pressure by the trucks (and also by the buses which also carry some cargo). I think what broke the camel’s back was the emergence of the express trucks in Bicol sometime in 1976. These trucks really run very fast because they carry the newspapers to Bicol. From the first editions of the newspapers that rolled out of the presses at 10pm the previous night, they were expected to be in Naga by daybreak (after offloading papers and cargo for Daet) and continue to Legazpi and arrive there before the start of office hours while making deliveries in the towns along the way. These trucks will barrel their way again to Manila the next night irregardless of the volume of cargo. Before the end of the decade, these express trucks were already ubiquitous in Bicol.

In 1979, Luzon and Visayas were finally connected intermodally between Matnog and Allen by Cardinal Shipping. Trucks and buses began to roll to Eastern Visayas and they can do the trip in no more than a day and they ran daily. The liner companies from Manila which had combined routes to Samar and Bicol suddenly saw the bottoms fell out of them because the trucks and buses were beating them badly in both areas. By 1980, the shipping lines serving Bicol were already on its death throes.

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From the research of Gorio Belen in the National Library

That was how the Bicol shipping lines lost to the trucks and buses. The completed of highway was now called as the Maharlika Highway. Incidentally, in the same period the railways also began to sink too due to the relentless onslaught of the buses and the trucks.

Yes, things always change. Some rise, some lose.

The Times of Trouble for Philippine Liner Shipping in the Past

In Philippine liner shipping, obviously the first time of trouble was when the Pacific War erupted after Japan attacked the Philippines and the United States. Liners were requisitioned by the US on the promise that it will be replaced when the war ends. The order then was if the ship cannot reach Australia it has to be scuttled to prevent it from falling into the invader’s hands. Most of our liner fleet then was lost to scuttling and to enemy fire. Some of it were captured and were pressed into enemy service and when Japan was already losing they sank into the bottom of the sea due to US submarine and aircraft attacks.

These liners that were lost during the Pacific War were good liners and many were built in foreign shipyards just in the Commonwealth Era which means they were still new. The older ones were mainly built in the 1920’s. And they were not necessarily small. Many of the good liners before the war were in the 80-meter class (when internationally a 120-meter was already grand).

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A prewar liner, the MV Don Isidro (Photo credits: Commerce and Gorio Belen)

When the US replaced our lost fleet as promised the number might have been right but the quality is different. The former “FS” ships were not the equal of our former liners even in size and to be able to use those they have to be converted and refitted first as they were not really liners but basic cargo ships. “FS” meant “Freight and Supply” after all.

Former “Y” ships were also given as replacement and these were former tankers but still a handful were converted to passenger use by removing the tanks. The former “Y” ships were slightly smaller than the former “FS” ships. For the lost regional ships, the US gave as replacement the former “F” ships, both the steel-hulled and the wooden-hulled types. Former minesweepers were also given as replacement. None of them were passenger ships to begin with and so conversion and refitting still had to be done.

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A former “FS” ship (Photo credits: Philippine Herald and Gorio Belen)

To replace the bigger liners, the US gave Type C1-M-AV1 , Type C1-B and Type N3 ships as replacements but those were also cargo ships and not liners and so they also have to be converted and refitted. None of all these types can match the luxury and comfort of our prewar liners. Were we shortchanged in the deal? I think the answer is obvious. We had purpose-built liners before the war and the replacement were surplus cargo ships that had no use for them anymore because the war has already ended.

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A former C1-M-AV1 ship (Photo by Rufino Alfonso)

The second times of trouble for Philippine shipping was the crisis decade of the 1970’s when continuous devaluation of the peso dominated the economic situation. It was the time that taking out big loans was fraught with danger since nobody can foresee when will be the next devaluation (which means in peso value the loan balloons). Because of this uncertainty and risk, the taking out of loans to order brand-new ships completely stopped. There were no more brand-new ships after the Cebu City of William Lines came out in 1972.

If the mid-1960’s was marked by acquisition of second-hand passenger-cargo ships (most were not really liners) from Europe, in the 1970’s the shipping companies were looking for right direction. Inadvertently, Sweet Lines showed the way with the acquisition of the Sweet Faith in 1970 and the Sweet Home in 1973. This started the era of fast cruiser liners in our seas. However, due to the fogs of uncertainty in the economic climate, few realized this was the new paradigm, the fast cruiser liners.

Sweet Lines ad - "Inimitable Mates" (Sweet Home and Sweet Faith)

Photo credit: Jon Saulog

Among the liner companies, only William Lines took up the challenge early with the Cebu City. In the middle of the 1970’s, Sulpicio Lines followed suit and acquired fast cruiser liners beginning with the Don Sulpicio and Dona Ana. William Lines also kept in step by successively acquiring fast cruiser liners which were named after cities, the Manila City, Cagayan de Oro City, Ozamis City, etc.

What happened then to the other liner companies especially the other top guns? In the decade of the 1970’s, Compania Maritima was already in its death spiral but few realized it then because they were held in such high regard because they have been No. 1 for so long. Actually, there might have a death wish in them already. Compania Maritima never bought another liner after the second-hand but big Luzon in 1970 until their demise in 1984. At the same time, their ships were sinking with alarming regularity and mostly by wrecking.

Meanwhile, Aboitiz Shipping Corporation became heir to the PSNC (Philippines Steam and Navigation Company) fleet and operations. The Laurel-Langley Treaty dictated that in 1974 the Americans no longer have the right to do business here as if they are Philippine nationals (they have a right previously because of the Parity Amendment to the Philippine Constitution). But after 1974, Aboitiz Shipping Corporation did not buy a liner anymore and just relied mainly on a few small liners plus the trio of liners ordered by Everett Steamship in Japan in 1955 and the former “FS” ships they already had and the once from PSNC. These ships were already showing signs of mortality as they were already entering their fourth decade of service.

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A liner from Everett SS that went to Aboitiz (Photo credit: Aboitiz Transport System)

Sweet Lines, after acquiring liners that were among the biggest and the best for a decade which pulled them up in the totem pole of liners had the puzzling decision to just buy small liners in the later 1970’s. This happened in a situation when their liners from Europe were already over two decades old. In those times due to weaker metallurgy and finishing, 30 years is almost the longest service that can be expected from liners built in the 1950’s and so this means Sweet Lines has a future problem in the 1980’s. Did Sweet Lines think the 1980’s will be better?

The combined Carlos A. Gothong Lines Inc. (CAGLI) and Lorenzo Shipping Corporation, successor companies to the broken-up Carlos A. Go Thong & Co. also had the same policy decision as Sweet Lines, that is to just buy small liners (many can even be just classified as passenger-cargo ships). Meanwhile, the old Escano Lines also stopped buying ships in 1974 like Aboitiz when they acquired the small Katipunan.

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The former MV Katipunan (Photo credit: Edison Sy)

All in all, from 1973, only Sulpicio Lines and William Lines acquired big, fast cruiser liners. Compania Maritima, Aboitiz Shipping Corporation, Sweet Lines, Carlos A. Gothong Lines, Lorenzo Shipping Corporation all stopped buying big liners especially the fast cruiser liners (and that type is beyond the means of minor liner shipping companies including Madrigal Shipping). Maybe one reason is the steep cost already of liners because of devaluation, maybe it was the general economic difficulties which produce conservatism in businessmen, maybe it was also procrastination and hoping the next decade will be better.

And so it was not a surprise that in the 1980’s, from a rough equality of the top companies after the break-up of Carlos A. Go Thong & Co. in 1972, the liner scene was dominated by Sulpicio Lines and William Lines because they were the only ones which bet on the new ruling paradigm, the fast cruiser liners. The other simply lost their way or maybe even their enthusiasm and were just waiting for better days.

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Photo credits: Phil. Daily Express and Gorio Belen

I must admire not the depth of the pockets of the two but the Japanese agents which bet and trusted Sulpicio Lines and William Lines. I think that was the critical factor why the two kept getting fast cruiser liners even though the economic climate was not good over-all. Sulpicio Lines continuously acquired retired cruisers from RKK Lines and William Lines from Arimura Sangyo (the later “A” Line). Incidentally, both are Okinawa shipping lines. So their fast cruiser liners competed in Japan and they continued their rivalry here.

Don Sulpicio (Doña Paz) and Doña Ana (Doña Marilyn)

Photo credit: Jon Saulog

The next decade, the 1980’s, was even more difficult and it resulted in the death of so many liner companies, both major and minor. A new leading paradigm will emerge then, the RORO liners. Some majors will awaken from their stupor and try to compete again. Among them were Aboitiz Shipping Corporation and Carlos A. Gothong Lines Inc. Negros Navigation will also be among them after they also slowed down in buying cruisers (they were not in danger then because their cruisers liners were new and they had a monopoly of Bacolod port).

And that is how the chips broke in the 1970’s. Another time of trouble will happen three decades later but then that is another story worth another article.