Managing Director's Message

The China Navigation Company (CNCo) is committed to promoting sustainable development within the shipping industry. This Sustainable Development Report for the year 2013 has been prepared in accordance with the Global Reporting Initiative’s Sustainability Reporting Guidelines (GRI 3.1 C+), with standardised data for ease of comparison with industry peers. I am pleased to report that there was no incidence of non-compliance with environmental laws and regulations during the period covered by this report.

Our vision is to be the “leading provider of sustainable shipping solutions and our customers’ partner of choice”. With operational excellence as its guiding principle, the vision sets out clear objectives which, combined with our values, will help to guide the Company and our employees in all our operational and business activities. Our vision serves as the framework for our strategy and describes what we need to achieve in order to grow and develop our business along sustainable lines.

The 2013 Sustainable Development Report highlights the progress we have made over the last 12 months towards achieving “Net Zero” environmental impact. We are determined to reduce harmful emissions through technological innovation and we have made substantial capital investments in modern, highly fuel efficient ships for deployment in our regional liner and global dry bulk divisions. Our bulk logistics division continues to develop customised and innovative seaborne logistics solutions for customers in the Asia-Pacific region.

CNCo’s progress towards the development of a diverse, industry leading workforce continues to build momentum. Significant resources have been allocated to provide training and development opportunities to develop a professional and skilled workforce at sea and ashore. While our safety performance continues to improve (25% year on year), it is regrettable that 3 loss time injuries (LTIs) were reported in 2013. As the fleet expands, we will continue to develop a just culture to support our long term commitment to the principles of “Zero Harm”.

We pride ourselves on being original and forward-looking. We continue to seek innovative ways to minimise the impact of our business on the environment. In 2013 we took delivery of six S31-Class (31,000dwt) multipurpose vessels and two B.Delta39 (39,000dwt) handysize bulk carriers. Our newbuilding programme now extends to over 40 ships, including 12 multipurpose and 28 handysize vessels, which have been specifically designed with CNCo’s long term sustainability objectives in mind. These ships represent the most fuel efficient designs currently on the water, fitted with systems to optimise speed and consumption ratios to minimise their environmental impact.

We continue to contribute to our communities. In Madang, Papua New Guinea, we cooperate closely with the Maritime College to raise the standards of health, safety and environmental practices in the marine sector. In the Philippines, following Typhoon Haiyan which struck the Visayas region on 8th November 2013, CNCo worked closely with Anscor Swire Ship Management Dependents’ Association (ASSMDA) to raise funds to provide emergency aid and to rebuild much needed basic infrastructure.

CNCo remains a signatory to Hong Kong’s Fair Winds charter as well as a founding member of the Sustainable Shipping Initiative (SSI). The SSI was founded in 2011 to address three principal challenges facing our industry: volatile oil prices, structural shifts in world trade and the growing scrutiny of the industry’s social and environmental performance. CNCo continues to play an active role in supporting the SSI and is a key sponsor of the “Closed Loop Materials Management” workstream.

Established in 1872, we recognise the value of long term thinking. In collaboration with Forum For the Future, CNCo continues to conduct regular “Futures Scenario Planning” exercises to identify long term strategic risks and opportunities which will have a significant impact on our strategic plans. The Report for the year 2013 highlights some of the key outcomes and their contribution to CNCo’s sustainable development performance.

I would like to recognise the significant contribution of the team involved in preparing this comprehensive report. On behalf of The China Navigation Company thank you for your interest in our journey towards sustainability.


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Tim Blackburn