Sunshine Maritime Development Corp.

Sunshine Maritime Development Corp.
Airport Global Plaza, Ground Floor
4646 Seaside Drive
Parañaque, Metro Manila

Owners:
Mototsugu Yamaguchi
Hiroyasu Yamaguchi
Tomoki Tsubomoto
Hiromi Irishika
Dionisio Parulan
Gregorio Flores
Clemente Cancio
Roberto Mena
Angelita Buenaventura

Vicente Suazo, Maritime Industry Authority (Marina) Administrator, said the Authority has issued a cease and desist order against Sunshine Maritime Development Corp, following the disaster. Data from Marina’s website showed that Sunshine Maritime has three other tankers: the Kosho, built in 1985; the Yusel, built in 1986; and the Newhinase, built in 1988. The Manilla Times

Four Japanese nationals and five Filipino incorporators of the Sunshine Maritime Development Corp., owner of motor tanker Solar 1 that sank off Guimaras and caused a massive oil spill, were placed under the watch-list of the Bureau of Immigration (BI). In a memorandum to Immigration Commissioner Alipio Fernandez Jr., Justice Secretary Raul Gonzalez Sr. ordered that Mototsugu Yamaguchi, Hiroyasu Yamaguchi, Tomoki Tsubomoto, Hiromi Irishika and their Filipino partners Dionisio Parulan, Gregorio Flores, Clemente Cancio, Roberto Mena and Angelita Buenaventura be included in the watch-list. Sun Star

The sunken oil tanker Solar l owned by the Sunshine Maritime Development Corp. was a “decrepit” ship tanker and “not seaworthy”, according to former Senator Ernesto Maceda and the Special Board of Marine Inquiry (SMBI). Maceda disclosed that the vessel could already be classified as “junk” in Japan and not really effective for commercial use. The SBMI said in yesterday’s hearing that Solar l was not seaworthy. It was also gathered during the hearing that Sunshine Maritime Development Corp., with a capitalization of only P5 million, is a dummy of a Japanese businessman. “How could a company with only P5 million capital buy a brand new tanker? Something is fishy in the transaction between Petron and Sunshine.” Panay News