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Hamburg Süd has closed the sale of its dry bulk business to China Navigation Company (CNCo, part of the Swire Group.

China Navigation Co (CNCo) is acquiring the dry bulk shipping business of Hamburg Süd as the German company focuses on container shipping as part of Maersk.

The China Navigation Company (CNCo) and Suva-located University of the South Pacific (USP) have penned a memorandum of understanding to research new-generation, low-carbon ships for the Pacific region.

The China Navigation Company (CNCo) has christened its last newbuild MV Tunsin at Japan’s Imabari Shipyard, making Tunsin the 241st CNCo newbuilding and the 86th vessel in this series.

Swire Bulk has expanded its Atlantic presence with the opening of a new office in Miami, US, on Monday.

As of 2013, the International Diabetes Federation estimates that a total of 382 million adults currently suffer from diabetes, and that this disease will eventually affect one out of 10 adults by 2035.

China Navigation Company ordered four vessels at Imabari Shipbuilding earlier this month for its dry bulk division Swire Bulk, it announced today.

China Navigation, Swire’s deep sea shipping arm, has signed an agreement to acquire New Zealand-based Pacifica from the Skeggs Group.

China Navigation has confirmed an order for four more eco handysize bulkers, this time from Zhejiang Ouhua Shipbuilding (Ouhua) in China.