Montenegro Shipping Lines Inc. (MSLI) is a Philippine domestic shipping line based at Batangas City, Philippines. The office is located at Montenegro Corporate office, along Bolbok Diversion Road, Bolbok Batangas City. It operates passenger, cargo and RORO vessels to various destinations in the Philippines under the brands Montenegro Lines and Marina Ferries.
History
Montenegro Shipping Lines, Inc. was established on 16 September 1978 by entrepreneur Vicente Leyco Montenegro, Sr., a pioneer in commercial and public transportation in the Philippines. The first route that the company served is from Batangas City to Abra de Ilog, Occidental Mindoro using the boat MV Malaya.[1] Over the past 40 years, MSLI provided passenger and commercial marine transportation services (cargo or vehicles) with a fleet of fast ferries and RORO vessels to 13 ports in the Philippines. In 2010, the company acquired eight additional RORO vessels worth PH₱1 billion from the Development Bank of the Philippines' Maritime Leasing Corporation and other lenders.[2] By 2012, the company operated over 30 vessels on its fleet of passenger, cargo, and RORO vessels throughout