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
Total equity Increase2.svg 2.49 million PHP (Q3 2024) [2]
Number of employees
2,105 (December 31, 2021)
Parent SM Investments Corporation (67.12%) [3]
Trident Investments (31.73%) [4]
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 Group, Inc., commonly known as 2GO, is a Philippine-based logistics and transportation solutions provider offering a wide range of services including freight shipping, courier and parcel delivery, warehousing, inventory management, distribution, and sea travel. The company operates a fleet of inter-island vessels that transport both cargo and passengers across key domestic routes.

2GO is a subsidiary of SM Investments Corporation (SMIC), one of the Philippines’ largest conglomerates. Another principal shareholder is Trident Investments.

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

History

With roots tracing back over a century, 2GO Group, Inc. builds on the legacy of some of the country’s earliest maritime and logistics companies. Among its historical predecessors is William Lines, Inc., incorporated on May 26, 1949. William Lines later merged with Gothong Lines and Aboitiz Shipping to form William, Gothong & Aboitiz, Inc. (WG&A), one of the largest integrated shipping firms in Philippine history.

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

On December 1, 2010, Negros Navigation Co., Inc. (NENACO) acquired Aboitiz Transport System for USD 105 million. In the same year, the China-ASEAN Investment Cooperation Fund, a private equity firm backed by the Chinese government, acquired a controlling stake in NENACO through an equity infusion.

In 2012, NENACO was reorganized and renamed 2GO Group, Inc., consolidating the brands of SuperFerry, SuperCat, and Cebu Ferries under 2GO Travel.

In 2016, SM Investments Corporation and Chelsea Logistics Holdings Corp., led by Dennis Uy, acquired a significant stake in 2GO. The company later merged formally with NENACO.

In 2021, Chelsea Logistics sold its stake to SMIC, making 2GO a fully owned logistics subsidiary of SM Investments Corporation.

In 2023, 2GO voluntarily delisted from the Philippine Stock Exchange after a successful tender offer by SMIC, transitioning into a privately held company focused on long-term modernization.


The first precursor company to 2GO Group Inc. began on May 26, 1949 under the corporate name William Lines, Inc. [5] 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. [6] 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. [5] [6] 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. [8] [6] [9] Because Negros Navigation was a privately held firm the exact amount invested by the Fund was not disclosed. [10]

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

Maritime Assets and Fleet

Refleeted Vessels ·        MV 2GO Masinag

Launched on August 13, 2024, Masinag was named after the Filipino word for “radiant.” It features eco-efficient performance and minimalist interiors and is used on routes from Metro Manila to Southern Mindanao.

·        MV 2GO Masigla

Entering service on March 23, 2024, Masigla (meaning “energetic”) features fuel-efficient engines, modern navigation systems, and upgraded passenger amenities, servicing key routes in Visayas and Mindanao.

·        MV 2GO Masikap

Masikap, named after the Filipino value of perseverance, began service on February 13, 2024. It supports both cargo and passenger transport on longer routes, playing a vital role in regional commerce.

·        MV 2GO Masagana

Entering service in 2021, Masagana (meaning “prosperous”) is equipped for refrigerated cargo, making it suitable for cold chain logistics. It is part of the M-Series refleeting initiative.

·        MV 2GO Maligaya

Launched on May 30, 2021, Maligaya is one of 2GO’s largest and most modern RoPax vessels. Built in Japan, it offers private cabins, dining areas, and entertainment facilities, operating on high-traffic routes such as Manila–Cebu and Manila–Cagayan de Oro.

Legacy Vessels

Freighter Vessel


As of August 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. [7]

References

  1. "Frederic C DyBuncio, 2go Group Inc: Profile and Biography". Bloomberg News .
  2. "Financials" (PDF). www.2go.com.ph.
  3. "SM Investments increases stake in 2GO Group to 67%". Manila Standard.
  4. "Global logistics veterans join 2Go's board as SM takes over". 3 June 2021.
  5. 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.
  6. 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.
  7. "Contact Info". Official Website. China-ASEAN Fund. Retrieved 2 September 2013.
  8. Gamboa, Rey (August 20, 2013). "Keeping our seas safe". Philippine Star . Retrieved 12 September 2013.
  9. "Negros takes out remaining Aboitiz stock". Baird Maritime. 7 January 2011. Retrieved 3 February 2013.
  10. "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.
  11. "YouTube". YouTube .
  12. "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.
  13. "Another RoPax Vessel of 2GO (MV 2GO Masagana) to arrive after MV 2GO Maligaya". Youtube. April 20, 2021. Retrieved 2021-04-25.
  14. "M/V 2GO Masagana of 2GO Travel is now docked at Pier 4, Manila North Harbor". Facebook. Retrieved 2021-07-10.
  15. "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.
  16. 1 2 "Stena Nova sold to Philippines ferry giant". Shippax. Retrieved 2021-04-20.
  17. "A Sneak peek of MV 2GO Maligaya of 2GO Travel". The Philippine Ship Spotters Society. 2021-04-20. Retrieved 2021-04-25.
  18. "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.
  19. "M/V 2GO Maligaya is now #Ready2GO". Youtube. May 11, 2021. Retrieved 2021-05-12.
  20. "2GO Travel unveils fastest, largest RoRo passenger ship in PH; MV 2GO Maligaya to serve Manila-Cebu-CDO route". 12 May 2021.
  21. "M/V 2GO Maligaya - 2GO Travel's Next Generation Liner". 18 June 2021.
  22. "Preparing for her maiden voyage soon here in the Philippines". Lakwatserong Pagong - joecard3. 2024-02-13. Retrieved 2024-02-13.
  23. "Ship Update". The Philippine Ship Spotters Society - PSSS. 2024-02-13. Retrieved 2024-02-13.
  24. "M/V 2GO Masigla of 2GO Travel Arrival in Davao City". The Philippine Ship Spotters Society - PSSS. 2024-03-18. Retrieved 2024-03-18.
  25. "#exclusiive". Facebook. The Philippine Ship Spotters Society - PSSS. 2024-03-19. Retrieved 2024-03-19.
  26. "First and Exclusive". The Philippine Ship Spotters Society - PSSS. 2024-02-16. Retrieved 2024-02-16.
  27. "Welcome to Cebu! M/V 2GO Masikap of 2GO Travel". The Philippine Ship Spotters Society - PSSS. 2024-02-15. Retrieved 2024-02-15.
  28. "Ship Update". The Philippine Ship Spotters Society - PSSS. 2024-02-08. Retrieved 2024-02-08.
  29. "M/V 2GO Masikap Voyage #1 (Maiden Voyage)". ShipPitik. 2024-02-16. Retrieved 2024-02-16.
  30. "She's back at Port of Manila". Facebook. Svitzer Sud. 2024-02-17. Retrieved 2024-02-18.
  31. "It's Masikap Monday". Facebook. The Philippine Ship Spotters Society - PSSS. 2024-02-19. Retrieved 2024-02-19.
  32. "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.
  33. "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.
  34. "M/V 2GO Masinag of 2GO Travel Update as of July 06, 2024". Facebook. The Philippine Ship Spotters Society - PSSS. Retrieved 2024-07-06.
  35. "2GO Travel unveils new ship". The Philippine STAR .
  36. "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.