German container shipping line Hamburg Süd and The China Navigation Company (CNCo) have completed the sale of Hamburg Süd’s dry bulk shipping business to CNCo after receiving regulatory approval.Earlier in January, Hamburg Süd announced that it is selling its bulk shipping business, which includes Rudolf A.
German shipping group Hamburg Süd announced that it is selling its bulk shipping business to Singapore’s China Navigation Company (CNCo), part of the Swire Group, as it focusses on its liner business with its two container shipping brands, Hamburg Süd and Aliança.The agreement includes Hamburg Süd subsidiaries Rudolf A.