Our People

In this section:

Employment Information Geographical spread of CNCo group office personnel Geographical spread of CNCo group sea personnel
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Our people are at the core of CNCo’s business operations. We are committed to providing a continuous learning environment where employees are empowered to reach their highest potential. We value our multinational workforce and actively promote an inclusive and diverse workplace with a strong focus on safety excellence.

Employment information

As at the end of 2015, CNCo employed 2,238 people in various locations around the world. Our employees come from 27 countries.

806 of our employees were shore-based, while the remaining 1,432 were seafarers (752 Officers and 680 crew members). Our teams, both ashore and at sea, continue to grow as our fleet size expands. The year-on-year increase from 2014 levels was 24% for land-based staff and 37% for sea staff (note: each position on a ship requires more than one person to fill as a proportion of crew are on leave at any time). These increases are in line with our business growth strategy and require the management of challenges associated with rapid growth.

CNCo’s expansive geographical footprint covers five Swire Bulk offices across Australia, Japan, Singapore, UK and USA. Swire Bulk Logistics operates from Indonesia, New Zealand and Singapore. Swire Shipping has significant employee representation in Australia, China, Hong Kong, New Zealand, Papua New Guinea and Singapore. There is a wider representation throughout the Pacific Islands, mostly operating under joint ventures or agencies and are not direct employees of CNCo.

As at the end of 2015, CNCo employed 2,238 people in various locations around the world. Our employees come from 27 countries.

The geographical breakdown of our office employees by key locations:

Singapore (Head Office) – 32%, Papua New Guinea (PNG) – 26%, Australia – 15%, and New Zealand – 14% with the remaining 13% based in Canada, China, HK, India, Indonesia, Japan, Taiwan, UK and USA.

The numbers are similar to 2014 with the exception of PNG showing an increase in staff strength from 21% in 2014 to 26% in 2015.

99% of our office workforce were employed on a full-time basis. The number of supervised employees who were “contractors” is immaterial (~1%).

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Note: Some sea staff, particularly Filipinos, are employed, as required by Philippine law, through the Philippine Oversea Employment Agency (POEA) on a contract by contract basis. We do not classify these as “contractors”.

93% of our office workforce were classified as “local”, similar to 2013/14 figures. We define “local” as those who are a national or permanent resident of the country of employment. 6% were classified as “expatriates”.

Close to a third of this expatriate staff percentage are parent company managers who have a centrally planned rotation through internal postings within the Swire group. The rest are employed as industry experts and have long term careers with the company worldwide. 1% of staff were employed as consultants on a contract basis from time to time to assist with the implementation of new IT systems.

21% of our office employees were in management positions (internally defined as C1 or above) and 79% in support roles.

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Globally, all our contracts comply with the relevant local employment laws. We continue to provide additional benefits such as medical insurance for office staff, and for all seafarers: private healthcare, life insurance and paid pension arrangements (or cash in lieu).

All CNCo seafarers are covered by a collective bargaining agreement (CBA) in accordance with the International Labour Organization (ILO) Maritime Labour Convention (MLC) 2006.

We continue to provide additional benefits such as medical insurance for office staff, and for all seafarers: private healthcare, life insurance and paid pension arrangements (or cash in lieu).
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Employee turnover remains a valuable indicator of the company’s sustainability and is an on-going area of focus for the company. Overall staff retention in 2015 for office staff was 86% and 94% for sea staff (officers and crew). Shore staff retention was regrettably below our target of 95%, while sea staff retention remains close to target.

We will continue to monitor and analyse the turnover rates against the national average figures and in light of changes within the business and the industry, to conduct exit interviews where possible, and seek to rectify any reasons for turnover where they are viable and within our control.

Geographical spread of CNCo group office personnel

Office staff % of total
Singapore (Head Office) 256 32%
Papua New Guinea 210 26%
Australia 121 15%
New Zealand 113 14%
China 56 7%
Hong Kong 13 2%
Other Locations* 37 5%
TOTAL 806 100

*Canada, India, Japan, Taiwan, UK and USA

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Geographical spread of CNCo group sea personnel


Our seafarers came from 24 countries, representing an increase from 15 countries in 2014.



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