The company took steps towards cargo modernization in 2013, by acquiring almost 8,000 square meters of property within Cebu Pier area, and upgrading operations to include 10-footer container vans while maintaining loose and palletized / break bulk operations to cater to clients' varying needs.
In December 2016, Chelsea Logistics Holdings Corporation purchased the entire outstanding shares of stocks of Trans-Asia Shipping Lines, Inc. including its four subsidiaries.
She was also the secondary subject of the infamous "Tayog-Tayog" ghost ship, along with M/V Filipinas Iligan of CSLI, which traverse the Ozamis-Cebu route, but in her opposite schedule which was appeared every night around midnight in the vicinity of Lazi, Siquijor.
[3] On July 10, 2019 she was caught fire while under repair at FF Cruz Wharf, Pier 8, Mandaue City, Cebu around 4AM One of the 36 crew got minor injuries.
[4][5][6] A 98 meter RORO/Passenger ferry built at Kegoya Dock in Japan, she was designed to carry 690 passengers and was assigned on Cebu to Cagayan de Oro route.
She ran aground and sank off Bantayan Island in Cebu on December 22, 1999, due to stormy weather and high seas, killing 56 of its passengers.
The vessel was sold to Asian Marine Transport System and renamed as M/V Super Shuttle Ferry 7 then capsized in Manila Bay.