Company type | Subsidiary |
---|---|
Founded | June 26, 1932 |
Defunct | January 1, 2012 |
Fate | Merged with Aboitiz Transport System to form 2GO Travel |
Successor | 2GO Travel |
Headquarters | |
Area served | Philippines |
Website | negrosnavigation.ph |
Negros Navigation Co., Inc. (NENACO) was one of the oldest domestic shipping companies in the Philippines.[1] It was also one of the largest companies in the passenger transport business in the Philippines.[2] Its main hub was the renowned Pier 2 in Manila North Harbor. NENACO later merged with SuperCat, SuperFerry and Cebu Ferries to form 2GO Travel, the second largest Philippine shipping merger next to the William Lines-Gothong Lines-Aboitiz Shipping merger (WG&A) in 1996. At the same time, the China-Asean Investment Cooperation Fund, a private equity fund wholly owned by the government of the People's Republic of China through an equity infusion, gained a controlling interest in Negros Navigation and subsequently changed the company into the 2GO Group with 2GO Travel, its shipping-company subsidiary.