Official opening of CNCO Swire in Vancouver

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The China Navigation Co (CNCo) opened its doors at a ribbon cutting ceremony at its new offices in Vancouver on Thursday.

CNCo is a provider of sustainable shipping solutions, based in Singapore and held directly by the parent company John Swire & Sons, headquartered in the UK.  The company has three business divisions:  Swire Bulk (dry bulk shipping), Swire Shipping (multipurpose liner services) and Swire Bulk logistics (marine solution specialists).  The company owns and operates over 130 eco-friendly vessels.

The Province of British Columbia partnered with the federal government of Canada and the International Shipowners Alliance of Canada to invest in the Vancouver International Maritime Centre (VIMC) to attract new investments, such as CNCo, which has chosen Vancouver to expand its global footprint into the North American market.

The VIMC has promoted Vancouver as the preferred global location for the international shipping market.  By marketing Canada’s strategic location and business opportunities, the three-year VIMC project has exceeded all its targets and has had an economic impact of over $18 million by attracting over eight international companies and creating over 200 jobs.

“We welcome The China Navigation Company to Vancouver and look forward to their continued success as they expand globally. The shipping industry provides nearly 12,000 people with good jobs up and down the B.C. coast.  By continuing to build a strong maritime sector in British Columbia, our government is helping to create sustainable jobs and provide opportunities for businesses, like The China Navigation Company, to grow here in B.C. and reach new markets around the world,” said the Honourable Bruce Ralston, Minister of Jobs, Trade and Technology.

“There has never been a better time to invest in Canada. The China Navigation Company’s new Vancouver offices are yet another example of success in attracting international businesses to this country, recognizing unparalleled innovation and providing fresh capital. Trade and investment with overseas partners is essential if we are to encourage long-term prosperity and an economy that creates jobs for the middle class,” added the Honourable Jim Carr, Minister of International Trade Diversification.

Robert Heal, General Manager Commercial, Swire Bulk West Coast Americas, said: “Over the years Vancouver has been a significant regional hub for North America’s shipping activities, with its deep-rooted history in the forestry and mining sectors, along with its role as the main export point for Canada’s vast grain and potash exports to Asia and the rest of the world.  Through the VIMC, we have learned of Canada’s business advantages and globally competitive standards. With an office in Vancouver, CNCo is able to service our customers in both the liner and dry bulk sectors.  CNCo’s Vancouver office will be focusing on four main sectors:  dry bulk handysize, supra/ultramax and parcelling as well as a bulk/break bulk container liner service from the west coast to Australia and New Zealand servicing our client base operating in the Americas.  Regionally we will cover the entire west coast from Chile to Alaska.

“We would like to thank the Vancouver International Maritime Centre as well as the B.C. Government and federal government of Canada for all the support they have extended to us in establishing our branch office in Vancouver. CNCo’s vision is to be the leading provider of sustainable shipping services and we look forward to working with the industry, the communities and all our customers & partners to promote sustainable shipping in Canada,” said Chris Daniells, Commercial Director, CNCo.

Kaity Arsoniadis-Stein,  VIMC Executive Director, concluded: “Canada is known for its strong modern economy, universal healthcare system, stable political environment, world-leading banks, high caliber business support services, high-tech capacity as well as easy access to capital markets in North America.  We are thrilled to be welcoming CNCo to Vancouver and we are committed to continuing to assist them as they grow their operations in Vancouver.”