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FastCat has embarked on a further expansion of its fleet and ferry network © Archipelago Philippine Ferries Corporation

FastCat has embarked on a further expansion of its fleet and ferry network © Archipelago Philippine Ferries Corporation

FastCat secures financing to build three more ferries

Online Member Access Mar 19 2018

FerryArchipelago Philippine Ferries Corporation (APFC), the ferry operator that runs a network of short-distance ferry routes across the Philippines under the FastCat banner, has just secured a PHP 1.1 billion (USD 21.2 million) loan with Rizal Commercial Banking Corporation (RCBC) to finance the construction of three brand-new FastCat ferries.

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