DOCSLIB.ORG

Sustainable Development Report 2017 Managing Director’S Message 3

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Sustainable Development Report 2017 Managing Director’S Message 3 SUSTAINABLE DEVELOPMENT REPORT for the year 2017 Index Page Managing Director’s Message 3 Introduction 5 Organisational and Operational Boundaries 6 Organisational Profile and Governance 7 Safety 25 Our People 33 Our Communities 45 Carbon / Environment 52 Abbreviations 64 Data 69 Global Reporting Initiative (GRI) Standards Content Index 86 Contact 104 Assurance Statement 105 The China Navigation Company / Sustainable Development Report 2017 Managing Director’s Message 3 • Owned and operated over 120 vessels. Behaving safely Our people • Shipped 21 million metric tonnes of commodities. Our most important goal is to work With the expansion of our business and global • Made 2,600 port calls across 105 countries. without causing any harm to people and footprint, in 2017, we employed 3,076 people • Employed 3,076 employees in 49 countries. the environment. 2017 saw a significant in 49 countries. This represented an increase • Embarked on our first safety maturity improvement in CNCo’s safety records with of 26% for seagoing employees and 34% for assessment. 10 Lost Time Injuries (LTIs). Safety excellence shore-based employees compared to 2016. ashore and at sea is our top priority. Sustainability at CNCo means respecting Our people are at the core of CNCo’s business people, their safety and the environment; At the end of 2017, CNCo appointed Green- operations and our people goal is to be helping the communities in which we operate Jakobsen, a consultancy highly experienced an Employer of Choice. We recognise the in to thrive and helping to create a resilient in safety in the maritime industry to conduct a contributions and hard work of our employees environment through decarbonisation and global safety maturity assessment. We want through long service awards and reward and Dear friends of CNCo, optimising energy efficiency. Our sustainability to build an industry-leading safety culture and recognition programmes. The quality of our strategy is aligned with the Swire group’s this assessment will help us improve our safety people is key to the success of the Company. Welcome to the seventh externally assured environmental strategy, “SwireTHRIVE”. programmes and advance towards Zero Harm. We work to maintain a productive, safe and Sustainable Development Report for The China healthy organisation, employ the right talent Navigation Company (CNCo). CNCo’s core values of continuity, endeavour, and enhance employee performance. excellence, integrity and teamwork underpin In 2017, CNCo continued to work hard on our approach. These principles, together achieving our organisational goals, seeking with our sustainable development objectives efficiencies, improving safety practices and and CNCo’s Code of Conduct, apply to the enhancing customer experiences. Over the way we do business and collaborate with the 2017 calendar year, CNCo: communities where we operate. Sustainability at CNCo means respecting people, their safety and the environment; helping the communities in which we operate in to thrive and helping to create a resilient environment through decarbonisation and optimising energy efficiency. The China Navigation Company / Sustainable Development Report 2017 Managing Director’s Message cont. 4 Our communities with the Hong Kong International Convention for the Safe and Environmentally Sound We believe in doing right by our communities. Recycling of Ships (HKC). Our commitment to From supporting the seafaring community safety ensured that there were zero injuries and to developing cricket talent in Papua New pollution incidents and led to better working Guinea and supporting environmental research conditions for the workers. programmes, we invest in worthy causes and are committed to building long-term, rewarding relationships with our partners and our Industry leadership communities. CNCo is an active member of the Sustainable One of our key markets, the Pacific Islands, Shipping Initiative (SSI). We are also a leading face an immense waste management company on the Ship Recycling Transparency challenge. In 2017, CNCo entered into a Initiative (SRTI) creating a paradigm shift on Memorandum of Understanding with the how vessels are recycled at the end of their Secretariat of the Pacific Regional Environment working life. Programme (SPREP) to ship recyclable waste from eligible Pacific Island ports to be Our annual Sustainable Development sustainably treated and recycled in suitable Reports keep our stakeholders informed of ports in Asia Pacific. our sustainability progress in an open and transparent manner. We will continue working with our customers, peers, suppliers and Thriving environment communities towards a thriving future and to be the leading provider of sustainable shipping CNCo is committed to decarbonising our solutions and our customers’ partner of choice. business. We build and operate a fleet of CNCo is committed to decarbonising our business. We build and modern and fuel-efficient vessels to optimise operate a fleet of modern and fuel-efficient vessels to optimise energy energy efficiency and reduce our environmental footprint. We measure and monitor the energy efficiency and reduce our environmental footprint. consumption and emissions of our operations and set challenging targets to improve every year. James Woodrow In 2017, CNCo oversaw the successful Managing Director sustainable recycling of two vessels at the end of their working life. This was done at a ship recycling facility in Alang, India, in compliance The China Navigation Company / Sustainable Development Report 2017 Introduction 5 This Sustainable Development (SD) Annual Report covers the operations of The China Navigation Company Pte Ltd and its associated group companies (CNCo) from 1 January to 31 December 2017, with any point data being as at 31 December 2017. For this 2017 annual report, we transitioned Standard: ISO 26000:2010, viz. Governance, from the Global Reporting Initiative (GRI) Human Rights, Labour Practices, The “G4 Guidelines” to the “GRI Standards” Environment, Fair Operating Practices, as the basis for disclosure. This report has Consumer Issues, and Community Involvement been prepared in accordance with the “GRI and Development. These are reported under Standards: Core” option. the broad headings of ‘Safety’, ‘Carbon and Environment’, and ‘Our People’ and CNCo reports its full performance in all the ‘Communities’ throughout this report. areas covered by the Social Responsibility CNCo reports its full performance in all the areas covered by the Social Responsibility Standard: ISO 26000:2010 and in accordance with the “GRI Standards: Core” option. The China Navigation Company / Sustainable Development Report 2017 Organisational and Operational Boundaries (as at 31 December 2017) 6 THE CHINA NAVIGATION COMPAN Organisational Boundaries Ship Owners and Agencies, Branches and Liner Trades Liner Trades Bulk Division Bulk Division Bulk Logistics Division JV and Associates Managers Regional offices in: (owned fleet) (chartered fleet) (owned fleet) (chartered fleet) (owned fleet) CNCo Pte Ltd Australia 4x Challenger Class Tonnage as detailed 4x Swire B.Delta39 Tonnage as detailed 1x Cement Carrier 67% Canada Singapore 5x Mihos in Fleet Profile handysize (grabbers) in Fleet Profile Quadrant Pacific Ltd Fiji includes: Hong Kong 8x S Class, MPV31 20x Swire B.Delta39 60% India 1x N Class, B170 see page 7153 handysize (loggers) see page 69 Guadalcanal Travel Services Swire Bulk Indonesia 4x Chief Class MPV22 50% 4x Imabari38 Swire Bulk Logistics New Caledonia Swire CTM Bulk Logistics Ltd 1x CV1100 handysize (loggers) Swire Shipping New Zealand Papua New Guinea 50% People’s Republic of China (PRC) 3 x Green Dolphins Tradco Shipping Limited handysize Republic of China (ROC) 25% Samoa Mandarin Shipping Group Ltd Pacifica Shipping Singapore Polynesia Line Ltd United Kingdom 25% United States of America PT Mitrabahtera Segara Sejati Tbk (MBSS) Scope 1 GHG Office Vehicular Vessel HFC and Petrol / Diesel / LPG / Electricity etc HCFC consumption / emissions Vessel HFO, MDO, GHG emissions and LO consumption Vessel NOx, SOx, PM and VOC emissions Scope 2 GHG Office Electricity Usage Scope 3 GHG Management Air Travel Crew Air Travel Operational Boundaries The China Navigation Company / Sustainable Development Report 2017 Organisational Profile & Governance 7 Organisational profile CNCo also owns: The China Navigation Company Pte Ltd (CNCo) is the The China Navigation Company Pte Ltd • 50% shares in Swire CTM Bulk Logistics wholly owned deep-sea ship-owning and operating arm – (CNCo) is the wholly owned deep-sea ship- Limited, a joint venture with C Transport and oldest operational entity – of the Swire group. owning and operating arm – and oldest Maritime SAM registered in Monaco; operational entity – of the Swire group. • 25% shares in Mandarin Shipping Limited CNCo was founded in 1872 to operate registered in Hong Kong; Mississippi-style paddle-steamers on China’s • 67% shares in Quadrant Pacific Ltd, a joint Yangtze River. Since then the Company has managing shareholdership with Ahrenkiel expanded globally. CNCo is one of the oldest Shipping; independent British shipping companies still • 25% shares in Mitrabahtera Segara Sejati managing its own tonnage in-house. (MBSS) in Indonesia; • 60% of Guadalcanal Travel Services; and CNCo is a Singapore-registered company and • 50% of TradCo Shipping in Solomon Islands. is a wholly-owned subsidiary of The China Navigation Company Limited, registered in London. Neither company is publicly quoted Pacifica Shipping
Load more

Recommended publications
  • Open Research Online Oro.Open.Ac.Uk
    Open Research Online The Open University’s repository of research publications and other research outputs British ships and West China, 1875-1941: With special reference to the Upper Yangtze. Thesis How to cite: Blue, Archibald Duncan (1978). British ships and West China, 1875-1941: With special reference to the Upper Yangtze. The Open University. For guidance on citations see FAQs. c 1977 The Author https://creativecommons.org/licenses/by-nc-nd/4.0/ Version: Version of Record Link(s) to article on publisher’s website: http://dx.doi.org/doi:10.21954/ou.ro.0000f7cc Copyright and Moral Rights for the articles on this site are retained by the individual authors and/or other copyright owners. For more information on Open Research Online’s data policy on reuse of materials please consult the policies page. oro.open.ac.uk BRITISH SHIPS AND WEST CHINA, l8?3 ~ 19^1 With special reference to the Upper Yangtze A DISSERTATION Submitted for the Degree of Bachelor of Philosophy to the Open University by Archibald Duncan Blue March 1978 (J ProQ uest Number: 27919402 All rights reserved INFORMATION TO ALL USERS The quality of this reproduction is dependent on the quality of the copy submitted. in the unlikely event that the author did not send a complete manuscript and there are missing pages, these will be noted. Also, if material had to be removed, a note will indicate the deletion. uest ProQuest 27919402 Published by ProQuest LLC (2020). Copyright of the Dissertation is held by the Author. Ail Rights Reserved. This work is protected against unauthorized copying under Title 17, United States Code Microform Edition © ProQuest LLC.
    [Show full text]
  • For Immediate Release Hamburg Süd and the China Navigation Company
    News Release 1 April 2019 | For immediate release Hamburg Süd and The China Navigation Company (CNCo) have closed the sale of Hamburg Süd’s dry bulk subsidiaries to CNCo Hamburg Süd and CNCo have received regulatory approval and completed the transfer of RAO and the bulk activities in Furness Withy and Aliança Navegação e Logística to CNCo Singapore, Hamburg - Hamburg Süd and The China Navigation Company (CNCo), a subsidiary of the Swire Group, have today completed the sale of Hamburg Süd’s dry bulk shipping business, which includes Rudolf A. Oetker (RAO) and the bulk activities in Furness Withy (London and Melbourne) and Aliança Navegação e Logística, to CNCo after receiving regulatory approval. The sale was announced in January 2019. The RAO Tankers business unit is not included in the agreement and will remain part of the Hamburg Süd Group. The affected dry bulk shipping units with offices in Hamburg, London, Melbourne and Rio de Janeiro have a chartered fleet of approximately 45 vessels in the Handysize, Supramax/Ultramax and Kamsarmax/Panamax segments. CNCo plans to keep the offices and staff. “With this strategic step, Hamburg Süd – as part of the Maersk family – will now be focusing on the container shipping business,” said Dr. Arnt Vespermann, CEO of Hamburg Süd. “Our bulk business has been an integral part of our company and success for more than six decades, and today we would like to thank our colleagues for everything they have done for the company. At the same time, we are pleased to have found China Navigation to be the new, perfectly matching owner of our former dry-bulk operations.” Calling the acquisition a strategic fit for CNCo, James Woodrow, Managing Director of CNCo, said: “We are delighted to receive regulatory approval and to welcome onboard, a very The China Navigation Co.Pte.Ltd 300 Beach Road #27-01 The Concourse Singapore 199555 Tel (65) 6603 9400 Fax (65) 6603 9401 www.swirecnco.com Company registration number: 200917133H 1 talented and highly-experienced team.
    [Show full text]
  • Directors, Senior Management and Key Staff
    24 Pacific Basin Shipping Limited Annual Report 2005 DIRECTORS, SENIOR MANAGEMENT AND KEY STAFF Executive Directors Christopher R. Mr. Buttery has over 30 years of experience in the shipping industry. He graduated from University Buttery College, Oxford University in 1971 with a Masters degree in Modern History. He first joined Jardine, Matheson & Company Limited and progressed through various shipping-related corporate assignments age 55, in Hong Kong, Taiwan, and Japan, becoming a Director of Jardine Shipping Limited in 1979 after Chairman completing the London Business School Executive Programme. He founded the original Pacific Basin business in 1987 and was Chairman and Chief Executive when that business was listed on Nasdaq in New York from 1994 to 1996. The business was acquired by a third party in September 1996 and, after one year as an advisor to the acquiror, he left the group and was instrumental in re-establishing the current Pacific Basin in 1998. Mr. Buttery became Deputy Chairman of the Group in 2001 and Chairman in March 2004. He has served as a director of Jardine Fleming Japanese Smaller Companies Limited (listed on The London Stock Exchange) and is also a director of The Ton Poh Emerging Thailand Fund. Richard M. Mr. Hext has lived in Asia for 29 years and has been in shipping for over 27 years. He graduated from Hext Worcester College, Oxford University in 1978 with a Masters degree in Modern History and Economics and has since attended executive programmes at INSEAD, Oxford University and Stanford age 48, University. He served with John Swire & Sons Limited from 1978 to 2000 during which time he held Deputy Chairman senior management positions with a number of Swire subsidiaries and joint ventures including P&O Swire Containers in Australia, Steamships Trading in Papua New Guinea, Swire Pacific Offshore in the United Arab Emirates and in Qatar and The China Navigation Company Limited in Hong Kong where he was Managing Director from 1996.
    [Show full text]
  • Maritime History of Steamship Companies Impact in Modern China, 1840-1911
    Maritime History of Steamship Companies Impact in Modern China, 1840-1911 Han Qing Abstract This paper aims to provide evidence of historical documents in Chinese steamship industry and how these materials may provide context to better understand the underwater cultural heritage. What were the economic impacts of steamship industry on China’s littoral landscape? Through a discussion on maritime policies the following examples are noted: a) Assistance Policy – In 1876 Japan ordered a cessation on Chinese steamships from entering Japan to purchase coal. In response the Chinese government enacted the September 1876 Decree for Coal Aggregate Industry in Kai Ping in support of the first national coal mining industry. This caused great changes in the littoral landscape with the building of mining infrastructure. b) Preferential treatment – The 1872 Royal Act declared the development of the first Chinese steamship company. The China Merchants Steam Navigation Company gained monopoly of the inland-waterway systems (Yangtze River – Shanghai to Hankou to Chong Qing). In support of its development the policy entailed the following: i. Raised high-prices on freights with the implementation of a tax to twice their value; ii. Private company taxes were increased but taxes reduced on the steamship company. iii. prohibition on other competitive steamship companies until 1896. These historical records can help to interpret maritime archaeology by providing reasons for ship-type shifts in cargo assemblages. When the government stepped in with these raised freights and taxes then the private companies operating junks were ousted by the national steamship company. This could explain why a shipwreck would encase high-valued merchandise along the canal system.
    [Show full text]
  • FAST FACTS 2021 Swire Is a Highly Diversified Global Business Group, Which Has Been in Turnover US$23,830M Operation for Over 200 Years
    GF210715e FAST FACTS 2021 FACTS FAST Swire is a highly diversified global business group, which has been in Turnover US$23,830M operation for over 200 years. Within Asia, Swire’s activities principally come Turnover | 2016-2020 Turnover by Region | 2020 Turnover by Division | 2020 US$M US$M US$M under the group’s publicly quoted arm, Swire Pacific Ltd. Elsewhere in the 35,000 Hong Kong SAR Property 30,000 Chinese Mainland Aviation world, businesses are held by parent company, John Swire & Sons Ltd. 25,000 Other Asia Beverages & 20,000 SW Pacific Food Chain Marine Services 15,000 Americas Trading & Industrial 10,000 Europe Head Office Africa & Middle East 5,000 Marine Global# 0 16 17 18 19 20 Capital Employed US$75,803M Capital Employed | 2016-2020 Capital Employed by Region | 2020 Capital Employed by Division | 2020 US$M US$M US$M 80,000 Hong Kong SAR Property 70,000 Chinese Mainland Aviation 60,000 Other Asia Beverages & 50,000 SW Pacific Food Chain 40,000 Marine Services Americas 30,000 Trading & Industrial ABOUT JOHN SWIRE & SONS LTD Europe 20,000 Head Office & Africa & Middle East 10,000 Swire Investments Marine Global# 0 • Established in 1816 and headquartered in London. 16 17 18 19 20 • Responsible for formulating and directing overall group strategy. Provides a range of services within the group, including recruitment, employment and training of staff. Employees 121,211 Employees | 2016-2020 Employees by Region | 2020 Employees by Division | 2020 • Holds a 58% shareholding in Swire Pacific in the Hong Kong Special Administrative Region (“Hong Kong SAR”).
    [Show full text]
  • Download Brochure
    ONE FLAG. MULTIPLE SOLUTIONS. OVERVIEW CREATING For more than 145 years, The China Navigation paddle steamers. Today, we are headquartered in the Company (CNCo) has been helping customers achieve bustling city state of Singapore, where, through our SUSTAINABLE shipping and supply chain efficiencies through our two business divisions, Swire Shipping and Swire Bulk, comprehensive range of sustainable shipping solutions we own and operate more than 150 modern and eco- all over the world. friendly vessels. We offer multi-purpose liner services SHIPPING for the transportation of containerised, breakbulk, We back our products up by our commitment to heavylift and project cargoes in addition to providing delivering superior and reliable customer service. dry bulk and bulk logistics services globally. SOLUTIONS We hold ourselves to high professional standards and conduct, recognising that our customers, partners and With over 2,800 onshore and seafaring staff globally, staff deserve the best. we enable trade in more than 90 countries, ensuring that we will always be able to serve our customers We started on the banks of the Yangtze River in 1872 and meet their needs every time, wherever they where we operated a modest fleet of Mississippi-style may be. AT A GLANCE 30 165 2,838 OFFICES OWNED AND EMPLOYEES OPERATED VESSELS GLOBALLY TRADING IN 94 299 COUNTRIES T Y P E S O F COMMODITIES CARRIED Information as at 30 June 2019. 02 GLOBALTRADE DIVERSITY Our owned fleet is designed and built to create CATERING TO DIVERSITY sustainable and market-leading shipping solutions for IN GLOBAL TRADE our clients. 23 MILLION TONNES OF CARGO CARRIED IN 2018 FLEET CAPACITY OF HQ SINGAPORE AMERICAN SAMOA AUSTRALIA BRAZIL 7.25 CANADA FIJI GERMANY GREATER CHINA INDIA MILLION DWT NEW CALEDONIA NEW ZEALAND PAPUA NEW GUINEA SAMOA UNITED KINGDOM UNITED STATES OUR SOLUTIONS LINER SHIPPING BREAKBULK DRYBULK BULK LOGISTICS (BULK PARCELLING) (SPECIALISED SOLUTIONS) 03 SWIRE SHIPPING SWIRE SHIPPING SWIRE GOING THE EXTRA MILE TO DELIVER Swire Shipping is the liner shipping division of CNCo.
    [Show full text]
  • 1 News Release 19 June 2015
    News Release 19 June 2015 | For immediate release China Navigation holds triple naming ceremony 1 On 19th June, The China Navigation Company (CNCo) held an official naming ceremony for three of its vessels at Zhejiang Ouhua Shipbuilding, in Zhoushan, China. 2 MV Papuan Chief, the final of the four multipurpose vessels in CNCo’s Chief22 Class series and the fourth vessel to trade under this name, was sponsored by Ms Georgiana Chan, Swire Shipping’s Regional Manager, China. MV Liangchow and MV Lintan, the 11th and 12th bulk carriers in CNCo’s B.Delta39 series were named by Ms Doris Luk and Ms Lucy Xu, from Hong Kong United Dockyards, Hong Kong and Swire Shipping, Shanghai, respectively. 3 Mr Barnaby Swire, Chairman, CNCo, welcomed invited guests, including senior executives from Ouhua Shipbuilding, Lloyd’s Register, Wartsila, and Deltamarin. He expressed his gratitude to all the parties who were involved in the design and construction of the latest vessels in the CNCo fleet. 4 Mr Swire said, “CNCo is midway through a newbuilding programme to upgrade its fleet. In total, 12 multipurpose vessels and 28 handysize bulk carriers were ordered for delivery between 2013 to 2016. The significant investment in modern, fuel-efficient vessels demonstrates our long term commitment to being a leading provider of sustainable shipping solutions and our customers’ partner of choice.” 5 The names chosen for the vessels reflect CNCo’s long history in the Asia Pacific region since its first ships sailed on the Yangtze River in 1872. Papuan Chief, Liangchow and Lintan are CNCo’s 222nd, 223rd and 224th newbuildings respectively.
    [Show full text]
  • Sustainable Development Report 2015 Introduction 3
    SUSTAINABLE DEVELOPMENT REPORT for the year 2015 Index Page Introduction 3 Managing Director’s Message 4 Organisational and Operational Boundaries 5 2015 Highlights 6 Safety 8 Our People 11 Our Communities 22 Carbon / Environment 34 Organisational Profile and Governance 40 Abbreviations 45 Data 47 GRI Assurance Statement 56 Global Reporting Initiative (GRI) G4 Content Index 59 Sustainable Development Goals and GRI Indicators Map 69 Contact 71 The China Navigation Company / Sustainable Development Report 2015 Introduction 3 This CNCo Sustainable Development (SD) Report for the calendar year This SD report comprises four main sections: Consumer Issues and Community Involvement 2015 is written in accordance with the latest GRI guidelines: Safety, Our People, Communities and and Development. Carbon/ Environment. CNCo has continued G4 (Standard Disclosures – Core). A Materiality Assessment was its commitment to transparently report its All data presented in this report cover entities undertaken with internal and external stakeholders to determine which performance in the areas covered by the Social and operations within the CNCo group’s Responsibility standard: ISO 26000:2010, viz. Operational and Organisational Boundaries GRI Aspects are material to our business and reported. Governance, Human Rights, Labour Practices, (see page 5) and is our status as at 31 Dec The Environment, Fair Operating Practices, 2015, unless otherwise stated. Material aspects Materiality is based on the responses collected mainly from our internal stakeholders while a more targeted approach to external stakeholder engagement is being developed. The feedback was collected through survey questionnaires where respondents rated the various components that make an organisation “Socially Responsible”. Areas that had a weighting of over 95% are presented below, aligned to the three pillars of sustainability: Environmental, Social and Governance, and are addressed in greater detail throughout this report.
    [Show full text]
  • Piracy on the China Coast A
    69 PIRACY ON THE CHINA COAST A. D. BLUE For most of recorded history piracy has been a menace to sea-borne trade, and there have been times when it has been difficult to distinguish between pirates and honest — or should one say legitimate — traders. Nationality has often been the only mark of distinction, as Spanish and English views of Drake, Hawkins, and the like illustrate. The Chinese were pioneers in piracy, as in so many other things, and a history of piracy in China would begin many thousands of years ago. The Chinese were probably skilled practitioners of the art before history began to be recorded. The earliest accounts are in the records of the Chou Dynasty in the fourth century B.C., and piracy continued in China long after it had been suppressed in other parts of the world. When the first Europeans arrived in the China Seas in the sixteenth century, many of the pirates on the coast were Japanese. For three centuries after the defeat of Kublai Khan's invasion on Japan in 1281, Japanese pirates — mainly from Kyushu — were active along the whole coast, from the Liaotung Peninsula in the north to Hainan Island and the Straits of Malacca in the south. The famous Arctic explorer, John Davis, met his death at their hands in 1604. Davis was serving on an East India Company ship which was anchored off the island of Bintang, east of Singapore, when it was attacked by Japanese pirates. This was at the end of the Japanese era, which came about as the result of several different factors.
    [Show full text]
  • FAST FACTS 2019 Swire Is a Highly Diversified Global Business Group, Which Has Been in Turnover US$32,517M Operation for Over 200 Years
    FAST FACTS 2019 Swire is a highly diversified global business group, which has been in Turnover US$32,517M operation for over 200 years. Within Asia, Swire’s activities principally come Turnover | 2014-2018 Turnover by Region | 2018 Turnover by Division | 2018 US$M US$M US$M under the group’s publicly quoted arm, Swire Pacific Ltd. Elsewhere in the 35,000 Hong Kong Property 30,000 Mainland China Aviation world, businesses are held by parent company, John Swire & Sons Ltd. 25,000 Other Asia Beverages & 20,000 SW Pacific Food Chain Marine Services 15,000 Americas Trading & Industrial 10,000 Europe Head Office Africa & Middle East 5,000 Marine Global# 0 14 15 16 17 18 Capital Employed US$71,006M Capital Employed | 2014-2018 Capital Employed by Region | 2018 Capital Employed by Division | 2018 US$M US$M US$M 80,000 Hong Kong Property 70,000 Mainland China Aviation 60,000 Other Asia Beverages & 50,000 Food Chain SW Pacific 40,000 Marine Services Americas 30,000 Trading & Industrial Europe ABOUT JOHN SWIRE & SONS LTD 20,000 Head Office Africa & Middle East 10,000 Marine Global# 0 • Established in 1816 and headquartered in London. 14 15 16 17 18 • Responsible for formulating and directing overall group strategy. Provides a range of services within the group, Employees 133,624 including recruitment, employment and training of staff. Employees | 2014-2018 Employees by Region | 2018 Employees by Division | 2018 • Holds a 55% shareholding in Swire Pacific in Hong Kong. Hong Kong Property 140,000 Mainland China Aviation • Holds controlling stakes in a range of businesses trading 120,000 Other Asia Beverages & in the UK, North America, Australia, Papua New Guinea, 100,000 By SW Pacific Food Chain East and West Africa, and across Southeast Asia.
    [Show full text]
  • News Release
    News Release 08 July 2020 | For immediate release The China Navigation Company (CNCo) to separate out its dry bulk shipping activities Singapore - CNCo will separate out its dry bulk shipping activities from its liner shipping and fleet management business and establish Swire Bulk as a standalone privately held company head-quartered in Singapore. CNCo established Swire Bulk as a division of the Company in 2012 and has grown the business rapidly over the last eight years. Following the acquisition of Hamburg Sud Tramp from Maersk Line in 2019, Swire Bulk has become the largest part of CNCo’s business, operating a fleet of up to 150 vessels predominantly in the Handysize and Supra/Ultramax sectors. With firm commitments out to 2038, a diversified cargo base and a balanced vessel operating mix between owned & chartered tonnage, an independent Swire Bulk is well-placed to be a long-term partner of choice for its customers. Swire Bulk operates one of the youngest and most fuel-efficient fleets on the water and is well-positioned to out-perform the market. Swire Bulk’s fleet will grow in the coming years with the addition of 8 new-build Handysize Oshima 37,000dwt vessels to be delivered from Q4 2020. It is the right time to establish Swire Bulk as an independent entity in order to provide the business with the optimal platform to support its growth ambitions and cement its position as a provider of market leading freight solutions. The China Navigation Co. Pte. Ltd 300 Beach Road #27-01 The Concourse Singapore 199555 Tel (65) 6603 9400 Fax (65) 6603 9401 www.swirecnco.com Company registration number: 200917133H “While it has been a difficult dry bulk market over the last few years, Swire Bulk has built an excellent reputation in the dry bulk sector in a relatively short period of time.
    [Show full text]
  • 2Nd ISSUE 2014 SWIRENEWS 30 2Nd ISSUE 2014
    2nd ISSUE 2014 SWIRENEWS 30 2nd ISSUE 2014 Contents Newswire 1 Out & About 26 Features Archives A word from the Precious cargo 28 new man at the top 14 The gift of education The Swire group is a multi-national, multi-disciplined 20 commercial group, with its principal areas of operations in the Asia Pacific region, and centred on the Greater China area. Hong Kong is home to publicly quoted Swire Pacific, whose core businesses are grouped under five operating divisions: property, aviation, beverages, marine services, and trading & industrial. John Swire & Sons Limited, headquartered in the UK, is the parent company of the group. In addition to its controlling shareholding in Swire Pacific, John Swire & Sons Limited operates a range of wholly-owned businesses, including deep-sea shipping, cold storage, off-shore and road transport logistics services and agricultural activities with main areas of operation in Australia, Papua New Guinea, East Africa, Sri Lanka, the USA and the UK. Please send material to the Editor, GPO Box 1, Hong Kong, or email us at [email protected]. For pictures, we welcome prints, colour slides or computer graphics in JPG format (500dpi and 20cm Swire Properties played x 16cm), and digital photos taken by cameras with 8 host to the world’s largest Megapixels or above. elephant art exhibition which showcased more Swire News is published in Hong Kong, by the Group than 100 individually- Public Affairs Department. painted, life-size baby elephant statues, each Copyright©2014 with its own unique design. Story on page 3. Cindy Cheung Editor Charlotte Bleasdale Deputy Editor Barry Chu Manager Design/Production NEWSWIRE 1 Newswire CORPORATE John Swire & Sons John Swire & Sons since 1st Kong, Japan and Papua New and of Swire Oilfield Limited announces January 2005.
    [Show full text]