2GO Group

Last updated
2GO Group Inc
Formerly
  • William Lines Inc.
  • WG&A Philippines Inc.
  • Aboitiz Transport System
Industry Transportation
FoundedMay 26, 1949;76 years ago (1949-05-26)
Headquarters8F Tower 1 Double Dragon Plaza, Macapagal Blvd. cor. EDSA Ext., Pasay 1302 Philippines
Key people
RevenueIncrease2.svg 13.47 million PHP (Q3 2024) [2]
Decrease2.svg 1.08 million PHP (Q3 2024) [3]
Decrease2.svg 0.60 million PHP (Q3 2024) [4]
Total assets Increase2.svg 15.75 million PHP (Q3 2024) [5]
Total equity Increase2.svg 2.49 million PHP (Q3 2024) [6]
Number of employees
2,105 (December 31, 2021)
Parent SM Investments Corporation (67.12%) [7]
Trident Investments (31.73%) [8]
Subsidiaries
  • 2GO Sea Freight
  • 2GO Special Containers
  • 2GO Project Logistics
  • 2GO Forwarding
  • 2GO Contract Logistics
  • 2GO Express
  • 2GO Travel
  • 2GO Retail
Website 2go.com.ph

2GO Group Inc., also known simply as 2GO is a Philippines-based transportation and logistics company operating a fleet of inter-island passenger ferries and cargo ships. The top two principal shareholders of the 2GO Group are SM Investments Corp, and Trident Investments.

Contents

2GO offers various logistics and transport services, including domestic sea freight, passenger sea travel, project logistics, specialized container transport (such as ISO tanks and temperature-controlled units), freight forwarding, express and last-mile delivery, warehousing, inventory management, and cargo drop-off via retail locations. As of 2025, the company operates a fleet of nine vessels—eight RoRo/RoPax ships and one dedicated freighter—serving 19 ports across Luzon, Visayas, and Mindanao. Major operational hubs include Manila, Cebu, Iloilo, Bacolod, and Cagayan de Oro.

Company history

MV 2GO Maligaya MV 2GO Maligaya.jpg
MV 2GO Maligaya
Cargo ship of 2GO Freight, part of the 2GO Group MV Dan Rafael Dos.jpg
Cargo ship of 2GO Freight, part of the 2GO Group
Logo under the "2GO" brand 2GO logo.svg
Logo under the "2GO" brand

The first precursor company to 2GO Group Inc. began on May 26, 1949 under the corporate name William Lines, Inc. [9] William Lines later merged with Gothong Lines and Aboitiz Shipping Corporation (ASC) to form the William, Gothong and Aboitiz Inc. (WG&A).

WG&A was eventually dissolved, leading to the formation of the Aboitiz Transport System, which unified the operations of SuperFerry, Cebu Ferries, and SuperCat. [10] In October 15, 2004, the logistics and freight divisions of Aboitiz Transport were rebranded as 2GO.

On December 1, 2010, Its former parent company, Aboitiz Equity Ventures and Aboitiz and Company Inc. sold the company and its brands to Negros Navigation Co. Inc. (NENACO), for US$105 million. [9] [10] The equity value included all the logistics and shipping businesses of the company, except its interest in its joint ventures with the Jebsen Group of Norway.

At the same time, December 2010, Negros Navigation announced that the China-Asean Investment Cooperation Fund acquired a controlling stake in the company through an equity infusion. The China-Asean Investment Cooperation Fund is a Netherlands-based, [a] private equity firm wholly owned and controlled by the Government of the People's Republic of China. [12] [10] [13] Because Negros Navigation was a privately held firm the exact amount invested by the Fund was not disclosed. [14]

Later, in 2012 the company was reorganized and rebranded as 2GO Group Inc. with its brands SuperFerry, SuperCat, and Cebu Ferries merged with Negros Navigation to form 2GO Travel.

In 2016, SM Investments Corporation (SMIC) and Dennis Uy's Chelsea Logistics inc jointly acquired a major stake of 2GO Group Inc, owning a significant share in the company. Later, 2GO Group Inc and Negros Navigation Co. merged.

In 2021, Dennis Uy’s Chelsea Logistics and Infrastructure Holdings Corporation sold its entire stake in 2GO Group to SM Investments Corporation (SMIC) making 2GO a subsidiary of SM Investments Corporation (SMIC). Later, 2GO Group started its modernization program.

In 2023, it voluntarily delisted from the Philippine Stock Exchange after successfully conducting a tender offer.

Operations

2GO operates through seven major business units, delivering end-to-end logistics, transportation, and retail services.

Fleet

Current fleet

As of September 2025, 2GO, under the Sea Solutions division, operates a total of eight passenger ships. All of their vessels are registered in Manila.

The company's flagship is currently the MV 2GO Masagana, one of the largest vessels ever to sail in the Philippines.

2GO Travel's fleet includes two series of ships:

The S Series ships are gradually being phased out as part of 2GO's fleet modernization program, which is expected to be completed by the second quarter of 2025.

Passenger Vessels

Cargo Vessels

MCC Transport

MCC Transport Philippines Inc. (MCCP) is a joint venture between Sealand Maersk Pte Ltd, Mercantile Ocean Maritime Co (Filipinas) Inc, and 2GO Group Inc.

Notes

  1. The legally separate China-ASEAN Capital Advisory Company is based in Hong Kong. [11]

References

  1. "Frederic C DyBuncio, 2go Group Inc: Profile and Biography". Bloomberg News .
  2. "Financials" (PDF). www.2go.com.ph.
  3. "Financials" (PDF). www.2go.com.ph.
  4. "Financials" (PDF). www.2go.com.ph.
  5. "Financials" (PDF). www.2go.com.ph.
  6. "Financials" (PDF). www.2go.com.ph.
  7. "SM Investments increases stake in 2GO Group to 67%". Manila Standard.
  8. "Global logistics veterans join 2Go's board as SM takes over". 3 June 2021.
  9. 1 2 "SEC Form 17-A Annual Report 2013" (PDF). Securities and Exchange Commission. May 16, 2014. Archived from the original (PDF) on July 31, 2019. Retrieved July 31, 2019.
  10. 1 2 3 Cacho, Katlene O. (December 1, 2010). "Aboitiz sells transport unit". Sun Star Cebu. Archived from the original on 29 October 2013. Retrieved 3 February 2013.
  11. "Contact Info". Official Website. China-ASEAN Fund. Retrieved 2 September 2013.
  12. Gamboa, Rey (August 20, 2013). "Keeping our seas safe". Philippine Star . Retrieved 12 September 2013.
  13. "Negros takes out remaining Aboitiz stock". Baird Maritime. 7 January 2011. Retrieved 3 February 2013.
  14. "Chinese firm to become top Philippine ferry operator". ABS-CBN News. 12 May 2010. Archived from the original on 26 January 2011. Retrieved 3 February 2013.
  15. "YouTube". YouTube .
  16. "Tsukushi of Hankyu Ferry is now officially renamed as M/V 2GO Masagana of 2GO Travel". Facebook. The Philippine Ship Spotters Society - PSSS. Retrieved 2021-04-25.
  17. "Another RoPax Vessel of 2GO (MV 2GO Masagana) to arrive after MV 2GO Maligaya". Youtube. April 20, 2021. Retrieved 2021-04-25.
  18. "M/V 2GO Masagana of 2GO Travel is now docked at Pier 4, Manila North Harbor". Facebook. Retrieved 2021-07-10.
  19. "M/V 2GO Masagana of 2GO Travel now docked at Pier 4, Manila North Harbor". Youtube. The Philippine Ship Spotters Society - PSSS. July 4, 2021. Retrieved 2021-07-10.
  20. 1 2 "Stena Nova sold to Philippines ferry giant". Shippax. Retrieved 2021-04-20.
  21. "A Sneak peek of MV 2GO Maligaya of 2GO Travel". The Philippine Ship Spotters Society. 2021-04-20. Retrieved 2021-04-25.
  22. "2GO Group Acquires Stena Nova and has arrived in the Philippines(rumored 2GO Maligaya)". Youtube. The Philippine Ship Spotters Society - PSSS. March 23, 2021. Retrieved 2021-04-25.
  23. "M/V 2GO Maligaya is now #Ready2GO". Youtube. May 11, 2021. Retrieved 2021-05-12.
  24. "2GO Travel unveils fastest, largest RoRo passenger ship in PH; MV 2GO Maligaya to serve Manila-Cebu-CDO route". 12 May 2021.
  25. "M/V 2GO Maligaya - 2GO Travel's Next Generation Liner". 18 June 2021.
  26. "Preparing for her maiden voyage soon here in the Philippines". Lakwatserong Pagong - joecard3. 2024-02-13. Retrieved 2024-02-13.
  27. "Ship Update". The Philippine Ship Spotters Society - PSSS. 2024-02-13. Retrieved 2024-02-13.
  28. "M/V 2GO Masigla of 2GO Travel Arrival in Davao City". The Philippine Ship Spotters Society - PSSS. 2024-03-18. Retrieved 2024-03-18.
  29. "#exclusiive". Facebook. The Philippine Ship Spotters Society - PSSS. 2024-03-19. Retrieved 2024-03-19.
  30. "First and Exclusive". The Philippine Ship Spotters Society - PSSS. 2024-02-16. Retrieved 2024-02-16.
  31. "Welcome to Cebu! M/V 2GO Masikap of 2GO Travel". The Philippine Ship Spotters Society - PSSS. 2024-02-15. Retrieved 2024-02-15.
  32. "Ship Update". The Philippine Ship Spotters Society - PSSS. 2024-02-08. Retrieved 2024-02-08.
  33. "M/V 2GO Masikap Voyage #1 (Maiden Voyage)". ShipPitik. 2024-02-16. Retrieved 2024-02-16.
  34. "She's back at Port of Manila". Facebook. Svitzer Sud. 2024-02-17. Retrieved 2024-02-18.
  35. "It's Masikap Monday". Facebook. The Philippine Ship Spotters Society - PSSS. 2024-02-19. Retrieved 2024-02-19.
  36. "SHIP UPDATE 2GO Masinag is 2GO Travel's 3rd latest RORO Liner acquisition from Korea". Facebook. The Philippine Ship Spotters Society - PSSS. 2024-04-11. Retrieved 2024-04-11.
  37. "Welcome to the Philippines! M/V 2GO Masinag of 2GO Travel". psssonline.wordpress.com. The Philippine Ship Spotters Society - PSSS. April 24, 2024. Retrieved 2024-04-24.
  38. "M/V 2GO Masinag of 2GO Travel Update as of July 06, 2024". Facebook. The Philippine Ship Spotters Society - PSSS. Retrieved 2024-07-06.
  39. "2GO Travel unveils new ship". The Philippine STAR .
  40. "MV St. Francis Xavier of 2GO Travel. Pretty, isn't she?". Facebook. The Philippine Ship Spotters Society - PSSS. 2019-02-05. Retrieved 2021-06-20.