Swire Bulk

CNCo’s new handysize bulk division (Swire Bulk) will run a balanced fleet of owned and chartered tonnage with an initial focus on Asia Pacific and plans to develop worldwide.  The company aims to create value from the competitive advantage which modern, fuel efficient ship design affords.

CNCo plans to develop the most modern fleet possible to deliver measurable competitive advantage and a differentiated proposition in the handysize dry bulk sector. To this end, CNCo has ordered 12 fuel efficient BDelta37 vessels at Chengxi shipyard for delivery between September 2013 and January 2015. The company has options for a further 8 vessels.

CNCo will focus on the development of long term relationships with charterers and industrial shippers who ascribe value to sustainable shipping, and with whom the economic and environmental advantages can be shared.