Swire sheds 200 staff as round-world services axed

Marcus Hand, Singapore - Monday 22 June 2009

SWIRE Shipping is axing its round-the-world multi-purpose liner services due to weak markets in the US and Europe, and is laying-off 200 staff worldwide.

The Australian-based offshoot of London’s John Swire & Sons said it was refocusing its operations on the Asia-Pacific region and withdrawing its two round-the-world services, plying e...

The rest of this article is only available to Lloyd’s List Library subscribers

Already a subscriber? Log in below


Forgotten your password?