PNOC Shipping and Transport Corporation: A wholly-owned subsidiary of Philippine National Oil Company

Date of Publication

2000

Document Type

Oral Comprehensive Exam

Degree Name

Master of Business Administration

Subject Categories

Business Administration, Management, and Operations

College

Ramon V. Del Rosario College of Business

Department/Unit

Decision Sciences and Innovation

Abstract/Summary

PNOC Shipping and Transport Corporation has very well served its role to efficiently transport petroleuem products nationwide which led to her creation in 1979. Now, the company is financial crisis brought about by management efficiencies, employees' demoralization and the inherent lack of support form the government to modernize its fleet.

The company is a self-sufficient government entity and has managed to maintain a significant share of the market despite the circumstances that inhibited its growth. Truly, the company had reached its peak and is now on the rink of bankruptcy. This kind of business does not necessarily be governed and regulated by the government because it will definitely control its productivity and growth.

This paper impels for continued operations of PNOC-STC to serve two purposes, first is to increase marketability to be able to facilitate a successful privatization and second, as a contingency program should another privatization fails. The deregulatory movements in the oil and domestic transport industries give more uncertainties for PNOC-STOC, fortunately, the company has initiated temporary measures to maintain the business by forming alliance with other player in the industry. By the thrust, the five-year projection proves to be favorable for the company but still cannot promise stability.

Abstract Format

html

Language

English

Format

Print

Accession Number

OCE0543

Shelf Location

Archives, The Learning Commons, 12F Henry Sy Sr. Hall

Physical Description

172 leaves ; ill. (some col.) ; 30 cm.

Keywords

Transportaion--Philippines

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