On 13th October, The China Navigation Company ("CNCo") announced the expansion of its project cargo business with the launch of Swire Projects. The new division will provide specialist shipping services to the global energy, resource and infrastructure sector. It will work closely with other Swire group marine services division companies to develop an independent global strategy in the multipurpose and heavy-lift segments. By leveraging trade routes, fleet assets and expertise across the Swire group's marine businesses, Swire Projects will build a smart network of resources to provide efficient, flexible shipping solutions to clients in the project logistics sector, including project forwarders, heavy civil marine construction, engineering, procurement and construction and offshore energy construction companies.
Headquartered in Singapore, Swire Projects will be led by General Manager, Namir Khanbabi. Matthias Kremser, Global Head of Chartering, and Nicki Schumacher, Head of Europe, both based in Hamburg, oversee the Europe team. Rufus Frere-Smith, Regional General Manager, will lead the Americas team, operating out of Vancouver and Houston.
