Formerly the shipping company was a subsidiary of William Gothong & Aboitiz or for short WG&A, when WG&A split up, Aboitiz took Cebu Ferries and the shipping company’s sisters SuperCat and SuperFerry. Carlos A. Gothong Lines went back to shipping. Currently Cebu Ferries and its sister companies SuperCat and SuperFerry is a subsidiary of Aboitiz.