SALVTUG’s sister company, Asia–Pacific Chartering Philippines Incorporated (APC)
, operates independently under the umbrella of the SALVTUG Group of Companies, providing each company integrated support and value added service.
APC was established in 1974, as a market leader in husbanding, brokerage and chartering services. APC’s agents provide customers vertically integrated agency management expertise and are deployed throughout the major Philippine ports. Brokerage and chartering services are centralized in APC’s Manila office, sourcing vessels and marine units of all types for, but not limited to, the construction industry, grain and ore importers and exporters and the maritime sector.APC also manages a lay-up facility at Malalag Bay in the Southern Philippines. Renowned for its natural protective landscape that shields laid-up vessels from marine disturbances, Malalag Bay accommodates competitively priced hot and cold lay-up packages.
“One of VALE's biggest projects in the last few years was to bring into operation the world's largest transshipment operation to enable iron ore distribution in Asia using our new fleet of Valemax vessels, 400,000 tons DWT Very Large Ore Carriers.
The chosen location for the floating transfer station to operate was Subic Bay, Philippines, where vessels of this size could operate in their Anchorage. In 2 years of operation we have already transshipped more than 22 million tons of iron ore.