The China Navigation Company (CNCo) enjoys a rich heritage; it was founded in 1872 where it operated Mississippi-style paddle-steamers on China’s Yangtze River. As the shipping arm and oldest operating entity of the Swire group, CNCo has grown in tandem with the global economy.
Swire Bulk is launched as a division under The China Navigation Company (CNCo).
Commencement of deliveries under two newbuilding programmes signed in 2011 and 2020, totalling 41 Handysize vessels, including 26 loggers.
Establishes solid operating platform within 2 years of inception.
Acquires the Dry Bulk Division of Hamburg Sud, expanding presence in the Ultramax sector.
Completes transition from a leading operator in the Pacific to a global Owner-Operator.
To accelerate growth and efficiency, Swire Bulk becomes a wholly owned subsidiary of the Swire Group, leaving CNCo to stand as Swire Shipping Pte. Ltd.