Our Parent Company Citadel Shipping Services Inc. is a wholly-owned subsidiary of Citadel Holdings Inc., a private holding company with investments in aviation services (general sales agencies), freight management, logistics, and telecommunications. From 1984 to 2005, with Ricardo C. Delgado at the helm, CHI grew exponentially through organic growth and strategic acquisitions. In 2005, Jose Ricardo P.R. Delgado took over as CEO and has taken the company to new and greater heights.
Citadel Pacific Ltd, is a diversified private holding company with operations in the Philippines, the Republic of Palau, the Commonwealth of the Northern Mariana Islands, and the US Territory of Guam.Its holdings range from controlling stakes in companies engaged in telecommunications, retail, petroleum distribution, property development, and airport services. CITADEL is owned by the Delgado family of Citadel Holdings and by the Ontario Teachers’ Pension Plan of Canada, one of the largest and most successful pension plans in the world. Its subsidiaries have joint ventures with the ITOCHU Corporation in Japan and Gate Gourmet of Switzerland.