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China Navigation hives off dry bulk division into separate business

Swire Bulk will be established as a standalone privately held company headquartered in Singapore after having been run as a division within CNCo since 2012 and growing rapidly. The target date for the separation is January 1, 2021

The company felt it was 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

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