Petrolift Inc. was incorporated in the Philippines on May 15, 1992 to serve a growing demand in the domestic petroleum tankering industry, i.e., the need for newer and internationally classed petroleum tankers. It was a need brought about by the growing concern for the environment, coupled with the aging fleet of domestic tankers.

The Company’s principals are the Leonio Family who have been in marine related businesses (deep-sea fishing, shipyard operations, shipping, ports and terminals) for four generations. The company believes that its continuing success can be attributed to the effective turn-over of management to the next generation enabling the company to attain its objectives and sustain its growth.