Named Swire Project, the new division will work closely with various marine service activities of the Swire group to develop an independent global strategy in the multipurpose (MPP) and heavylift segments.
Working closely with Swire Bulk, global project parceling services can be offered to the sector particularly for wind cargo components, tubulars and heavy civil infrastructure material.
Swire Projects will also tap on Swire Bulk’s global network to participate in early works infrastructure requirements where bulk construction materials are required for civil and marine infrastructure, including transhipment solutions for accessing draft restricted or undeveloped facilities.
Swire Bulk has been a trading brand of CNCo, but CNCo announced in July that Swire Bulk will move to become an independent company while CNCo will focus on its liner shipping business.
In addition to utilising CNCo’s fleet of 180 vessels operating in a global dry bulk network as well as dedicated MPP services, Swire Projects will operate specialised tonnage tailored to specific project requirements.
For offshore projects, Swire Projects can offer fully integrated ocean transportation solutions working in close alliance with Swire Pacific Offshore.
Swire Projects is led by Namir Khanbabi, general manager of Swire Projects, based in Singapore.
“For nearly 150 years in the marine business, CNCo has stood the test of time by always looking ahead and taking the right decisions for the long term. Sustainability and safety are as critical as ever and continue to be at the forefront of our business through our divisional and group wide SwireTHRIVE directives and our long-standing safety directive, to operate within Zero Harm,” Khanbabi said.
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