The passenger ship Superferry 14 owned by WG&A was destroyed by a terrorist's bomb on February 7, 2004 near Manilla killing 116 people.
It was the Philippines' worst terrorist attack, the world's deadliest terrorist attack at sea.
On that day, the 10,192 ton ferry was sailing out of Manila, with about 900 passengers and crew. A television set filled with 8 lb (4 kg) of TNT had been placed on board. 90 minutes out of port, the bomb exploded.
63 people were killed immediately, and 53 were missing and presumed dead. Six suspects had been arrested in connection with the bombing and that the masterminds, Khadaffy Janjalani and Abu Sulaiman, were still at large.
It was believed that Abu Sayyaf bombed Superferry 14 because the company that owned it, WG&A, did not comply with an Abu Sayyaf letter demanding protection money.