Swire, CNCo complete relocation to Singapore
Swire Shipping Ltd. and the China Navigation Co. (CNCo), the deep-sea shipping arm of John Swire & Sons, said this week they have completed the integration and relocation of their respective head office functions from Sydney and Hong Kong to Singapore.
'This relocation not only allowed for the consolidation of resources into a single legal entity, the China Navigation Co. Pte. Ltd, but is designed to bring efficiencies and a stronger focus on the key trades serviced throughout Asia Pacific,' the line said in a statement.
While bills of lading will still be issued under the Swire Shipping and TOL brands, the 'contracted carrier' endorsed on the bills of lading will be China Navigation Co. Pte. Ltd., the line said.
Swire, CNCo complete relocation to Singapore
