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.
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.