Hong Kong's Shun Shing Group has announced the launch of Cemcoa, the new name for its international trading arm. All of the group’s trading divisions have been consolidated under the new name and will operate out of 15 international offices.

According to a press release, the company traded 11Mt of cement, cementitious materials and solid fuels in 2017. Alongside this, Cemcoa ships dry bulk cargo to over 90 ports.

"We are very excited about this new step for Shun Shing Group. The Cemcoa name is a symbol of our ambitions, as well as a promise that we will continue to deliver excellent solutions to our growing customer base not just in our traditional home of Asia but around the world," said Ikram Khan, managing director, Shun Shing Group.

"This comes as we continue to expand our geographic reach and look to leverage off synergistic opportunities along the supply chain and increase our product portfolio."