Another Shipping Company Has Been Acquired! Launched The Fastest Service Route From Asia to The United States
Singapore-based liner operator Swire Shipping has acquired US-based Westwood Shipping. Westwood Shipping is a multi-purpose shipping company serving trans-Pacific trade, focusing on the Japanese, Korean and Chinese markets to and from the Pacific Northwest.
The acquisition is being made through Swire Shipping's subsidiary SSPL US, which has signed a definitive agreement with J-WeSco, a subsidiary of Sumitomo Warehouse Ltd., to acquire Westwood Shipping from it.
"This acquisition reinforces Swire Shipping's growth strategy to expand its liner service network while completing the vertical integration of many of its shipping services with first- and last-mile overland services," said Swire Shipping, which currently has a fleet of Multipurpose fleet with a wide range of specialist customer solutions for containers, project cargo, heavy duty, breakbulk and small break bulks.
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