China Navigation Buys Pacifica Shipping

The China Navigation Company (CNCo) has purchased Pacifica Shipping (Pacifica) from the Skeggs Group of companies in New Zealand. CNCo is the shipping arm of the multi-national Swire Group and trades as Swire Shipping and Swire Bulk in New Zealand.

This acquisition is an exciting opportunity for Pacifica Shipping to continue to invest in and to contribute to the sustainable development of the New Zealand maritime sector working closely with valued customers and partners in the region.

Brodie Stevens, Country Manager, CNCo, added that: “CNCo is committed to being a leading provider of sustainable shipping solutions and our customers’ partner of choice.”

David Skeggs, Managing Director of the Skeggs Group said: “I am delighted to see CNCo purchase the business, Swire respect the history of Pacifica and its contribution to coastal shipping in New Zealand over the last 28 years.”

Pacifica will remain an independent organisation with its operations headquartered in Auckland.

CEO of Pacifica Shipping, Steve Chapman, said that the management and all the sea and shore based staff are committed to working closely with CNCo to ensure that the company continues to play an important role in the important development of coastal shipping as a key ingredient of the transport and logistics mix in New Zealand.

CNCo, March 6, 2014

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