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John
Swire & Sons Ltd (Swire Group) (Est. 1816) |
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 Swire Group encompasses a wide range of commercial activities and its interests span five continents. Swire's principal areas of operation are in the Asia Pacific region, and centre on the Greater China area. The Special Administrative Region of Hong Kong is home to publicly quoted Swire Pacific, whose core businesses are grouped under five operating divisions: property, aviation, beverages, marine services, and trading & industrial. John Swire & Sons Ltd, is the parent company of Swire Group, and is headquartered in London, and in addition to its 34% shareholding in Swire Pacific, controls a range of wholly-owned businesses, including deep-sea shipping, cold storage, road transport, and agricultural activities, with main areas of operation in Australia, Papua New Guinea, East Africa, Sri Lanka, the USA and UK. John Swire & Sons acts as overall coordinator of Swire policy and, under various agreements, management and advisory services are provided within the group. The Early Years: Swire has its origins in a modest Liverpool import-export company, which first opened its doors for business in the early years of the nineteenth century. The founder of the business, John Swire (1793-1847), was a Yorkshireman, born in the prosperous mill town of Halifax. His ancestors had been landowners in the area for more than 150 years, before his grandfather went into business as a wool merchant in the late 1750s. By the 1790s, however, the woollen industry was under pressure from cheap imports of cotton from the New World, and first John's grandfather, and then his father were declared bankrupt. By now in his late teens, John Swire set off to seek his fortune in Liverpool - then the thriving centre of British trade. Offered a place in a cousin's general import agency, he worked hard, and after only a few years' apprenticeship, struck out in business under his own name in 1816. His determination and industry saw his little company thrive, based around a core trade in textiles, which ironically centred on the import of New Orleans raw cotton and the export of Lancashire cotton piece goods. By his death in 1847, he was able to pass on a modestly prosperous trading house to his two sons, John Samuel and William Hudson Swire (1830-1884). Then aged 22, John Samuel Swire (1825-1898) was already a formidable businessman, whose entrepreneurial instincts would be at the root of the firm's successes in years to come. In his 20s he travelled widely throughout the United States - at one stage, reputedly holding the postal franchise for the State of Arkansas - and in 1854, he sailed for Australia to prospect fruitlessly for gold, but more successfully for new business, opening a branch office in Melbourne in 1855. Although he rapidly put this business into the hands of agents, the creation of 'Swire Bros.' was an important step for the firm, since it effectively turned its attention from Atlantic to Pacific trades. It was to become the basis for a growing export trade to Australia in all manner of goods, from fencing wire and cement to olive oil and Guinness - which John Swire & Sons bottled and exported as Dagger Stout during the 1860s. John Swire returned to Liverpool in advance of the outbreak of the American Civil War in 1861, but its disastrous impact on the cotton trade would soon take effect. Fortunately, the brothers had already sold their shares in Evangeline and Theodore - two cotton-trade sailing ships, which had been their first experiment in ship owning during the 1850s. It was therefore with a relatively clean slate that they turned to the 'new' China trade, as a source of those valuable imports, tea and silk, and as a potential market for their textiles. China and Beyond: For years a closed country, China had only begun to emerge onto the world market some 20 years earlier, when the Treaty of Nanking opened a handful of coastal ports to foreign trade. Before this, the foreign trading hongs had only been permitted to set up shop in the southern port of Canton (Guangzhou). A quarter of a century on, the focus of China's trade with the West had switched to Shanghai, at the mouth of the mighty Yangtze River. But China was a long way from home, and frustrated by lacklustre agents, John Swire was soon itching for more direct involvement. At this point fate stepped in, in the guise of an old friend, the Liverpool ship owner Alfred Holt, who approached Swire early in 1865, with an interesting proposition. An engineer by trade, Holt had designed a new breed of steamers - fast, but low on fuel consumption - with which he meant to steal the Liverpool-Far East fast service from the tea clippers. It took little to persuade Swire to invest in his friend's Ocean Steam Ship Company, (later better known as the Blue Funnel Line), and in return, Holt offered to make Swire his China agent, if he was prepared to set up on his own account in Shanghai. Thus encouraged, John Samuel Swire sailed for Shanghai in 1866, and on 4th December a small notice appeared in the North China Daily News announcing the formation of a new company: Butterfield & Swire. Richard Shackleton Butterfield - a Bradford wool and worsted manufacturer who was one of Swire's major export clients - was to prove a short-term partner. Within two years, the alliance had been dissolved - although the new agency was to keep his name for another 100 years. In keeping with local tradition, however, John Swire soon chose a Chinese 'hong' name for the company, and it is by the name Taikoo (太古) - meaning 'Great and Ancient' - that Swire is most widely known in Asia today. By 1870, Taikoo had branch offices at Yokohama, at a number of China coast ports and in Hong Kong. Offices had also been established in Manchester and in New York, and in the UK the firm's headquarters had transferred from Liverpool to London, where they remain to this day. On his arrival in Shanghai, John Swire had been struck by the potential for steam shipping on the Yangtze River - then the West's only key to trade with China's interior. With the backing of Alfred Holt, and the latter's Clyde shipbuilder, Scotts' Shipbuilding & Engineering Company, Swire formed The China Navigation Company (CNCo) - registered in London and with Butterfield & Swire appointed managers in Shanghai. John Swire immediately ordered three Mississippi-style paddle steamers for the new company. But even before these vessels - Peking, Shanghai and Ichang - had arrived in China, he had snapped up the assets of a newly bankrupted line, Union Steam Navigation, which provided valuable waterfront properties along the Yangtze, as well as two steamers. USNCo's veteran Tunsin was thus destined to become the first vessel to sail under the Swire flag in 1873. Within a year, John Swire had purchased two coasters from Scotts', for a complementary operation which he called the Coast Boats Ownery. This company quickly established a monopoly of the China coast trade in 'Beancake' - the bean husk residue left after crushing soya beans for oil, which was in demand as a fertiliser in the fruit growing areas of the south. By the time it amalgamated with CNCo in 1883, the CBO had extended its charter network throughout Southeast Asia and had begun services to Australia, New Zealand and Japan. China Navigation's growing diversity of trades encouraged the firm to expand in a number of new directions. The first of these initiatives began with the purchase of several large blocks of land at Quarry Bay on Hong Kong Island in 1881. Work soon started on the Taikoo Sugar Refinery and the factory was in production by 1883. Inspired by CNCo's growing trade in raw cane sugar from Java, the Philippines and North Queensland, and ready markets in China and Japan, Taikoo Sugar ran the world's largest and most sophisticated plant in its day, and before the turn of the next century had its own small fleet of sugar- carrying ships. It had become increasingly clear that the now sizeable Blue Funnel and China Navigation fleets needed a reliable in-house repair facility in the Far East. Hong Kong, with its magnificent, deep-water harbour provided the ideal setting, and in 1900, on land adjacent to the sugar refinery, construction work began on Taikoo Dockyard. This mammoth ten-year project, largely orchestrated by Scotts' Shipbuilding, (which was by now CNCo's principal builder), was carried out under the leadership of James Henry Scott (1845-1912), who had succeeded John Swire as Senior Partner of the firm, on the latter's death in 1898. A member of the shipbuilding family, Scott had served the company since Butterfield & Swire's foundation 32 years earlier, and had become John Swire's trusted deputy. Taikoo Dockyard launched its first riverboat for CNCo, Shasi, in 1910, and in tandem with Scotts', soon began to produce coasters for the company. The dockyard was to become one of Hong Kong's biggest, and also one of its most progressive employers, providing its own housing, hospital and school. Meanwhile, the firm had continued to take on agency work for a number of well-known UK principals, and by the mid-1870s, had cut its teeth in the insurance world, representing the forerunners of both Royal Insurance and Guardian Royal Exchange. By 1900, B&S had Shanghai's biggest fire insurance business and a sizeable marine and accident portfolio under the Taikoo mark, and insurance would remain an important side of Swire's business for another 90 years. In the early days, the firm also acted for a number of banks at small coastal ports, and in the 1880s even printed its own 'banknotes' - drawn upon the Taikoo Tsng, or Swire Bank - which for a time were common currency in the Swatow (Shantou) area of southern China. In 1914, John Swire & Sons became a limited company, on the expiration of its original partnership agreement, with John Samuel Swire's elder son John 'Jack' (1861-1933) as its first Chairman. The next two decades were to see considerable expansion on the shipping side, under the guidance of Jack and of his younger, half-brother (George) Warren Swire (1883-1949), who took over as Chairman of the company in 1927. By the late 1920s, foreign steam navigation on the inland waterways of China was at its peak, and with the 1930s Depression relatively slow to bite here, the need to maintain a growing fleet of vessels encouraged a new diversification in Shanghai, where Butterfield & Swire opened the Orient Paint, Colour & Varnish factory in 1934. The Legacy of the Second World War: The Second World War brought Swire's painstakingly constructed empire to its knees. By the cessation of hostilities, the firm's property throughout China lay looted and in ruins and its London office had been gutted in the blitz. CNCo's fleet was scattered and more than 30 of its vessels lost, while in Hong Kong, Taikoo Dockyard and the Taikoo Sugar Refinery had been reduced to rubble by American bombing. The closure of the Yangtze River to foreign shipping and increasing restrictions on the China coast presaged the firm's gradual withdrawal from Mainland China, following the Revolution of 1949.It was a turning point, but under the Chairmanship of Jack Swire's son, John 'Jock' Kidston Swire (1893-1983), the company was to emerge from this crisis a leaner and fitter animal. By 1950, Taikoo Sugar was back in production and Taikoo Dockyard had produced its first 6,000-tonner for CNCo. With Hong Kong as its home port, CNCo now turned its attention south to Australia, New Zealand and Papua New Guinea, and a growing network of Pacific Rim services established the pattern for the container liner trades in which the company participates to this day. In 1952, as a basis for these shipping interests, John Swire & Sons once again became directly active in Australia, where a tentative investment in a small road haulage company proved successful, encouraging the purchase in 1956 of a management stake in freezer trucking company Frigmobile. It was to be the first of a number of investments in cold storage, freezer transport and specialist road haulage, which now count amongst Swire's principal activities in Australia. Butterfield & Swire had meanwhile set about building up Hong Kong's trade, spearheading the drive with a 1946 joint venture, Swire & Maclaine, which was to lay the foundations for a wide assortment of international marketing franchises in later years. The transfer of its paint factory to Hong Kong in 1948, to premises rented from the rebuilt Taikoo Dockyard, was to be the basis for a growing range of specialised industries, which today include everything from paint, to the manufacture of aluminium cans and waste handling services. The Birth of an Airline: Jock Swire was determined to turn the firm in new directions. Recognising that air transport was the key to the future in the post war world, he eagerly scouted for airline agency work for Butterfield & Swire and from 1947, channelled part of Taikoo Dockyard's rehabilitation energies into developing an aircraft engineering facility at Kai Tak Airfield. By 1950, Pacific Air Maintenance Services (PAMAS) had merged with the rival Jardine Air Maintenance Co. and had evolved into the Hong Kong Aircraft Engineering Company (HAECO) - today a world-renowned facility. In 1948, Jock Swire persuaded his directors to expend yet more of the firm's greatly depleted capital on another air venture: a 45% shareholding in Cathay Pacific Airways. The airline had been formed just two years earlier by an American-Australian partnership, Roy Farrell and Sydney de Kantzow, who had met while flying cargo-laden C47s over 'the Hump' - the famous wartime supply route across the Himalayas from India into China. Beginning with Betsy, a US Amy surplus DC3 (Dakota), purchased by Roy, in two years they had enlarged their fleet to six DC3s and a Catalina flying boat. By 1948, however, Roy and Syd were in trouble. In need of cash to revamp their shoestring operation, they faced the threat of a hostile local takeover bid, and the possibility that their wings would be clipped by new landing right restrictions on foreign-owned airlines in Hong Kong. It was at this point that Butterfield & Swire stepped into the picture to take a controlling interest in the little company, and the growth of Hong Kong's airline was to become Jock Swire's special pride. In 1959, Cathay Pacific acquired its first turboprop aircraft - the Lockheed L188 Electra. It was a milestone year in which Cathay simultaneously gained northbound traffic rights to Japan and southbound rights into Sydney. Now a truly regional carrier, the airline entered the jet-age with the arrival of its first Convair-880M in 1962. Diversification: In 1965, Swire purchased Hong Kong Bottlers Federal Inc., an American-owned business that held the franchise to bottle Coca-Cola in Hong Kong. At that time, Hong Kong Bottlers' output was 104 million bottles annually. By 1974, when the company was renamed Swire Bottlers, output was up to 180 million bottles a year, and the company ranked amongst the top 50 Coke bottlers in the world. Today, Swire is one of the largest bottlers of Coca-Cola in Asia and the USA. The 1970s was to be a decade of immense change for Swire. In the early 1970s, the decision was taken to close Taikoo Dockyard, which in the age of containerised shipping had outgrown its Hong Kong Island site. In 1972, Taikoo amalgamated with Hong Kong's oldest dockyard, Hongkong & Whampoa, to form Hongkong United Dockyards (HUD), based at Tsing Yi. Swire was already involved in the development of Hong Kong's new international container port at Kwai Chung, and in the same year, acquired a shareholding in the pioneering container handling facility, Modern Terminals. Taikoo Dockyard & Engineering Company, which had been publicly quoted on the Hong Kong stock market since 1959, was now renamed Swire Pacific Ltd. - a ready-made holding company for Swire's Hong Kong-based interests. Signalling the birth of the modern Swire group, it also marked the final laying-to-rest of Butterfield's long-forgotten interest in the firm, and his name was replaced in a general 'all change' by a wider use of the Swire name, emphasising the corporate identity of the group. By 1972, Taikoo Sugar had also closed down its refinery, to concentrate on sugar products and packaging and in the mid-1970s, a newly formed development and management company, Swire Properties, began to create a new urban landscape from the vast acreage jointly released by the dockyard and refinery in Hong Kong's Island East area. Hong Kong's first private residential estate, Taikoo Shing and the retail/office complex Cityplaza (its underground car park formed from the old Taikoo graving dock), were the first of a number of prestigious commercial projects developed and managed by Swire Properties - including Pacific Place, TaiKoo Place and Festival Walk - that would redefine the commercial focus of Hong Kong. The addition to the Cathay Pacific fleet of its first long-range Boeing 707 aircraft in 1973 ushered in a decade of full-throttle expansion, as the airline rapidly upgraded through a series of wide-bodied L1011 TriStars and acquired its first Boeing 747-200 'jumbo jet' in 1979. The following year, Cathay Pacific became a truly international airline when it flew non-stop to London for the first time. The revolutionary changes of the 1970s included other new departures for Swire Pacific, notably the formation of offshore oil support company, Swire Pacific Offshore, (then known as Swire Northern Offshore) in 1975, and the acquisition of a shareholding in Hong Kong Air Cargo Terminals Ltd. (Hactl) in 1976. Meanwhile, parent company John Swire & Sons Ltd. made its own foray into the offshore oil industry with the acquisition in 1979 of the specialist provider of North Sea transport equipment, Swire EPD (later to become a division of JS&S, under the name Swire Oilfield Services). John Swire & Sons also entered the specialist road transport and materials handling business in Australia, with the purchase of Transwest Haulage in 1971, and acquired shareholdings in the Papua New Guinea trading house Steamships Trading, and in Glasgow-based tea trader, James Finlay. The end of the decade heralded Swire's first investments in the USA, where Swire Properties acquired real estate interests in Miami and Swire Pacific obtained its first Coca-Cola bottling franchise at Salt Lake City. In 1982, freezer warehousing company United States Cold Storage, became a wholly owned subsidiary of John Swire & Sons - a development that was soon to be echoed in Australia, where cold storage provider W. Woodmason, a JS&S associate since 1970, became a wholly owned subsidiary in 1988. John Swire & Sons Pty's growing stake in the cold storage market would be further enhanced by the acquisition of South Australian Cold Stores five years later. The 1980s also saw Swire begin to invest in the pastoral sector in Australia, where in 1983, John Swire & Sons acquired 50% of Clyde Agriculture, in conjunction with associate James Finlay. Since this time, Clyde, which is now a wholly owned subsidiary of JS&S, has expanded from its cotton farming base to include wool and beef, and its land-holdings have grown 20-fold to encompass over two million acres in New South Wales and Queensland - including some of the country's most historic pastoral properties. Meanwhile, in Hong Kong, Swire Pacific continued to grow its trading businesses, acquiring the Marathon Sports chain in 1983 and the franchise for Reebok sports and casual shoes in 1987. The same year would see Swire take its first steps in what was to become an important new field for the group: environmental services and waste handling. First in partnership with Browning Ferris Industries and later with SITA International, Swire was to become a major waste handling contractor to the Hong Kong Government, operating a number of landfill sites and waste transfer services - notably from Hong Kong's outlying islands, utilising a number of mini-container vessels designed and operated by Swire associate, HUD Marine. From the 1980s, Swire also began to re-invest in Mainland China, frequently in conjunction with the China International Trust & Investment Corporation (CITIC) - a major shareholder in Cathay Pacific since 1987. Concentrating on beverages and manufacturing, these businesses gave Swire a firm footing in China's modern industrial sector. The trend continued into the 1990s, with the establishment by HAECO of a new joint venture aircraft heavy maintenance facility, Taikoo (Xiamen) Aircraft Engineering Co. - TAECO - at Xiamen, in southern China. By the end of 1994, Swire Pacific had signed joint venture agreements with ICI, Carlsberg and Tate & Lyle, paving the way for paint manufacturing, brewing and sugar refining activities in Mainland China, while Swire's trading activities on the Mainland by now included the marketing of a range of branded sports shoes, including Reebok and Rockport. The 1990s included significant advancements for Swire's aviation interests, including the acquisition of shareholdings in regional Hong Kong airline Dragonair (now a wholly owned subsidiary), and the all-cargo airline Air Hong Kong, while in 1995, HAECO and Rolls-Royce plc formed a new joint venture, HAESL, to take on HAECO's engine overhaul business. In 1999, Swire Pacific expanded its automotive trading interests with the acquisition of exclusive dealerships in Taiwan for Volkswagen and Kia - some 20 years after Swire acquired the Volvo franchise in Taiwan. By 2002, Taikoo Motors Taiwan had increased its share in Taiwan's luxury car segment with the acquisition of an exclusive Audi franchise. The late 1990s and early 2000s would see major additions to the international portfolio of Swire's UK-based parent company, John Swire & Sons Ltd. In 1994, the company added to its growing expertise in the Australian road transport market with the purchase of Victorian bulk haulage operator Kalari, which it has subsequently expanded to offer specialist storage and distribution services nationwide. In 1996, JS&S built on its longstanding presence in Papua New Guinea with the acquisition of a majority shareholding in the major Highlands-based trading group, Collins & Leahy, a shareholder in Steamships Trading. Collins & Leahy became a wholly owned subsidiary of JS&S in 2000, and Swire's shareholding in the publicly quoted Steamships group has subsequently increased to 72%. In 2005, Steamships acquired the majority of Collins & Leahy's businesses in PNG, and its operations now include trading, manufacturing, hotels, property, shipping and transport, while Collins & Leahy still retains property, aviation and farming interests. In November 2002, John Swire & Sons Pty Ltd. acquired the majority of the cold storage and distribution assets of P. Cleland Enterprises Ltd. The acquisition was the single largest investment to date made by Swire in Australia and significantly increased the group's capacity in the Australian cold storage market, as well as adding major new distribution contracts, paving the way for the merging of Swire's three major Australian companies in this industry under the national umbrella brand of Swire Cold Storage in 2004. Swire Group Today: On the UK front, John Swire & Sons Ltd. increased its shareholding in long-term associate, James Finlay plc to 100% in 2000, on the occasion of the well-known tea producer's 250th birthday. Wholly owned, UK-registered shipping subsidiary, China Navigation - John Swire & Sons' oldest operational company - has also expanded in recent years, with the acquisition of Bank Line and Indotrans in 2003. Meanwhile, Swire Pacific's investments in Mainland China have continued to grow in the first decade of the 21st century. In 2002, leading Hong Kong developer, Swire Properties, signed a joint venture agreement to develop and manage a four million square foot complex in the upmarket Tianhe district of Guangzhou, scheduled for completion in 2010, and to be known as the Taikoo Hui Guangzhou Cultural Plaza. Swire Properties has subsequently increased its stake in this development to 97%. In late 2004, Swire SITA commenced construction of a new hazardous waste incineration plant in Shanghai, which, with a throughput capacity of 60,000 tonnes a year, will be the largest hazardous waste treatment facility in China and the first one designed according to European Union environmental standards. On the aviation side, HAECO has increased its shareholding in TAECO to 54.55% and TAECO has continued to expand its capacity and the range of services it offers at Xiamen's Gaoqi International Airport, with a sixth hangar now planned. In 2004, the company commenced work on the Boeing Special Freighter conversion programme to convert Boeing 747-400 passenger aircraft to full freighter configuration - TAECO being one of only a handful of facilities in the world licensed to do so. In 2005, HAECO and TAECO signed a letter of intent to develop a joint venture hangar facility at Guangzhou Bayun International Airport. Cathay Pacific Airways re-launched daily passenger services to Beijing in December 2003, after a break of 13 years and commenced daily passenger services to Shanghai from December 2006; the airline has also been allocated rights to operate passenger services to Xiamen. Cathay Pacific celebrated its 60th anniversary in 2006 and a highlight of the celebrations was the announcement of a shareholder restructuring between Cathay Pacific, Swire Pacific, Air China and its parent company CNAC, and CITIC Pacific. Under the terms of this groundbreaking agreement, leading regional passenger airline Dragonair became a wholly owned subsidiary of Cathay Pacific, operating under its own brand but with Cathay management, with Cathay Pacific and Air China eventually holding 17.5% of each other's shareholdings. The partnership offers significant benefits for Cathay Pacific customers as well as its shareholders and staff, and many new opportunities for cooperation between Cathay Pacific and Air China. A joint air cargo facility at Shanghai is planned, as well as the extension of codeshare arrangements, and the implementation of joint venture routes between Hong Kong and key Mainland cities and reciprocal sales representation between the two airlines. In 2006, Cathay Pacific's fleet of wide-bodied aircraft passed the 100 aircraft mark, this milestone coming hard on the heels of the airline's announcement of its biggest ever order for new aircraft, including 18 Boeing 777-300ERs for delivery between 2007-2010 and three Airbus A330-300s for delivery in 2008. Swire today employs more than 113,000 people worldwide, but despite its diverse and international focus, John Swire & Sons is still very much a family concern: its current Honorary and Life Presidents are great-great-grandsons of the founder, John Swire of Liverpool. Founded in 1872, China Navigation owns and operates ships as well as acting as the holding company for its liner shipping operations and shipping agency interests. From the beginning of 2007, all of CNCo's wholly-owned liner shipping services were consolidated and re-branded under a single subsidiary, Swire Shipping Limited, which includes the following services: Eastbound Round the World (formerly Indotrans), Westbound Round the World (formerly Bank Line), West Coast North America (formerly Indotrans Pacific), South East Asia (formerly New Guinea Pacific Line), Europe Pacific Express, Papua New Guinea, Pacific Islands and Trans Tasman (all formerly trading as Chief Container Service). CNCo also manages its part-owned associate Greater Bali Hai Service, and has minority interests in the Paradise Service and Polynesia Line. CNCo and its subsidiaries are represented through offices in Australia, Hong Kong, India, Japan, New Zealand, Singapore, United Kingdom, and the United States. Swire Navigation Company Limited (SNCo) operates the NGPL South Pacific liner service and is involved in dry bulk chartering for Capesize vessels. Tasman Orient Line operates four services linking New Zealand and the Pacific Islands with Asia. Swire Shipping Agencies has subsidiaries in Australia, China, Hong Kong, Malaysia, Marshall Islands, New Caledonia, Singapore, Solomon Islands, Tahiti, Taiwan and the United Kingdom. Quadrant Pacific operates shipping agency and stevedoring services in New Zealand, and jointly controls a shipping agency company in Fiji. Swire Group has had a long and distinguished history dating back to its origins in the 19th century. Today Swire Group has accumulated businesses in 8 core industry sectors around the world: Property, Aviation, Beverages, Marine Services, Trading & Industrial, Cold Storage, Agriculture and Road Transport. As the group moves into the 21st century its diverse operations remain rooted and united in its tradition for innovation and excellence. Swire Group www.swire.com The China Navigation Co. Ltd www.cnco.com.hk Swire Shipping Ltd www.swireshipping.com Tasman Orient Line www.tasmanorient.com Quadrant Pacific www.quadpac.co.nz Polynesia Line Ltd www.polynesialine.com James Finlay Ltd www.finlay.net Steamships Trading Company Ltd www.steamships.com.pg Swire Pacific Ltd www.swirepacific.com Swire Properties Ltd www.swireproperties.com Cathay Pacific Airways Ltd www.cathaypacific.com Hong Kong Dragonairlines Ltd (DragonAir) www.dragonair.com Air Hong Kong www.airhongkong.com.hk Swire Pacific Offshore www.swire.com.sg HUD Group www.hud.com.hk Taikoo Maritime Services www.swirelogistics.com.hk Swire Travel www.swiretravel.com Swire Cold Storage www.swirecoldstorage.com.au |