THE acquisition of Tacoma-area Westwood Shipping Lines by Singapore's Swire Shipping has been finalised, said a joint statement from the companies.
Swire's ownership will allow Westwood, an independent niche vessel operator specialising in the trade between the Pacific northwest and northeast Asia, to work in partnership with Swire Shipping, according to Westwood president and CEO Jack Mahoney.
Westwood, headquartered in Puyallup, Washington, connects the Japan and Korea markets with ports in Washington and British Columbia and inland points in the US and Canada through those ports.
'I can't imagine a better outcome for Westwood,' said Mr Mahoney. 'We're moving from strength to strength. We now have ownership with shipping at its core. We will combine Swire Shipping's strengths with Westwood's independent operation, one serving its customers safely, reliably, personally and locally.'
SeaNews Turkey
Swire's ownership will allow Westwood, an independent niche vessel operator specialising in the trade between the Pacific northwest and northeast Asia, to work in partnership with Swire Shipping, according to Westwood president and CEO Jack Mahoney.
Westwood, headquartered in Puyallup, Washington, connects the Japan and Korea markets with ports in Washington and British Columbia and inland points in the US and Canada through those ports.
'I can't imagine a better outcome for Westwood,' said Mr Mahoney. 'We're moving from strength to strength. We now have ownership with shipping at its core. We will combine Swire Shipping's strengths with Westwood's independent operation, one serving its customers safely, reliably, personally and locally.'
SeaNews Turkey