Hutchison Ports will have to keep APM Terminals Rotterdam at arm’s length for a while once the sale is approved, with volume guarantees and a ban on firing staff also included the deal.
Hutchison Port Holdings
Hutchison Port Holdings
Hutchison Ports is the world’s largest network of ports, with over 30,000 employees located in several dozen ports and terminals in Asia, Europe, the Americas and Australia. Its headquarters are in Hong Kong.
In Asia, Hutchison Ports’ network of ports includes those in Hong Kong; Ningbo, Shanghai and Xiamen, China; Kuala Lumpur, Malaysia; Jakarta, Indonesia; Yangon, Myanmar; Karachi, Pakistan; Busan, Korea; Chonburi, Thailand; and Ho Chi Minh City, Vietnam. In the Near East, its network includes Alexandria, Egypt; Dammam, Saudi Arabia; Sohar, Oman and Ajman, United Arab Emirates.
In Europe, its network includes Gdynia, Poland; Stockholm, Sweden; London UK, and Barcelona, Spain. In Africa, Dar es Salaam, Tanzania;
In Latin America, it includes two ports in Mexico -- Ensenada, Baja California and Lazaro Cardenas, Veracruz --- and the Panamanian ports of Colon and Balboa. In Australia, Brisbane and Sydney. Hutchison Ports is a division of CK Hutchison Holdings Limited, incorporated in the Cayman Islands.
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02 Jan 2019
Mexico faces a wealth of uncertainty as it enters 2019, but it is unlikely to unravel the trade sector’s strength.
01 Dec 2017
Fruit shippers' longstanding frustration with what they describe as high rates and low service levels could change with the introduction of more competition.
16 Nov 2017
Hutchison Ports is poised to establish itself in the Black Sea.
16 Nov 2017
The agreements bring the number of Hutchison Ports' terminal locations to 51 globally.
29 Aug 2017
Port development is picking up pace in Iraq.
20 Jul 2017
Hutchison said it continues to be impacted by ongoing structural consolidation within the container shipping industry and a consequent rationalization of services.
25 Apr 2017
There are signs potential negative effects of the new alliances on transshipment and tariffs may be overstated, according to the CEO of HPH Trust.
21 Feb 2017
Hutchison Port Holdings Trust CEO Gerry Yim tells JOC.com how the launching of new alliances will impact the core facilities of his company.
13 Feb 2017
Hutchison Port Holdings Trust operates container terminals in South China, with major transshipment facilities in Shenzhen and Hong Kong.
30 Jan 2017
The long-awaited first phase of the Pakistan Deep Water Container Port has begun trial operations.
21 Dec 2016
If approved, the agreement between maritime heavyweights would be the first global terminal alliance.
20 Dec 2016
Three of Hong Kong’s container terminals entered a collaborative agreement in an effort to compete more effectively in an environment of increasing consolidation in the global liner shipping industry.
25 Oct 2016
Weaker transshipment and intra-Asia cargo dragged down throughput and revenue at Hutchison Port Holdings Trust.
15 Sep 2016
Hongkong International Terminals has tried to shine a positive light on its role in the chaotic aftermath of Hanjin Shipping’s collapse following harsh shipper criticism.
08 Sep 2016
ECT, a leading Rotterdam terminal operator, has slashed charges for releasing containers unloaded from ailing Hanjin Shipping’s vessels.
30 Aug 2016
Asia’s transshipment hubs are facing turbulent times.
24 Aug 2016
Hutchison Port Holdings expects to open a second container terminal in Pakistan by October.
27 Jul 2016
Container throughput at the world’s busiest container terminal operator, Hutchison Port Holdings, fell in the first half.
06 Jul 2016
"It is unprecedented that unions and companies have succeeded in coming to this agreement despite the market being under such pressure,” the port authority said.
15 Jun 2016
Hutchison Port Holdings has spelled out its SOLAS policy at four Mexican terminals.
23 May 2016
The major China export gateway of Yantian will offer container weighing services to help shippers comply with the SOLAS container weight rule.
13 May 2016
Hutchison Port Holdings laid out how it will handle the SOLAS container weight rule when it takes effect July 1.
19 Apr 2016
Singapore-listed Hutchison Port Holdings Trust reported year-over-year drops in revenue, operating profit and net income of 7 percent, 10 percent and 26 percent for the first quarter of 2016.
16 Mar 2016
The small port here is no threat to the Los Angeles-Long Beach port complex’s U.S. import business, but Ensenada’s reliability and ability to get high-tech goods and auto parts to Mexican factories fast — often on the same day of the ship call — has won it cargo from the Goliath just 200 miles to the north.
09 Mar 2016
MENA Infrastructure, a fund manager and equity investor in Middle East infrastructure, said it divested its 30.3 percent stake in Egypt’s Alexandria International Container Terminals to Hong Kong’s Hutchison Port Holdings for an undisclosed sum.
02 Feb 2016
Singapore-listed Hutchison Port Holdings, which owns deep-sea container terminals in Hong Kong and mainland China, announced a 1 percent decline in throughput and flat revenue growth for 2015.
23 Jan 2016
The owner of a container terminal in Brazil plans to pick the top three bidders in the first week of February and request firm offers after receiving 10 non-binding proposals.
02 Nov 2015
China’s nine major listed container terminal operators will be more profitable in 2016 with a majority booking high single or double-digit growth in net profit when compared with 2015, according to a valuation report issued by Citi Asia Pacific.
26 Oct 2015
Hutchison Port Holdings Trust said its profit excluding non-recurring items rose 3 percent during the year’s first nine months, despite sluggish U.S. and European container volume that shows no sign of a quick rebound.
21 Oct 2015
Global terminal operators are eying three private container facilities — even as the Brazilian government trudges through a $2.6 billion plan to sell off existing and new port concessions.
08 Oct 2015
Hutchison Ports Australia (HPA) and the Maritime Union of Australia (MUA) today agreed to extend conciliation talks until November as both sides try to find a way out of a bitter dispute that exploded after 97 workers were fired in early August.
25 Sep 2015
The Port of Barcelona has announced a deal with Hutchison Port Holdings to extend the current 30-year concession HPH holds for operating Barcelona Europe South Terminal by 15 years in exchange for the operator investing $6.5 billion in automation to boost productivity, according to local newspapers.
28 Aug 2015
Hutchison Ports Australia and the Maritime Union of Australia agreed Friday to return to the negotiating table, preventing a looming court action and paving the way to an end of a bitter fight over layoffs at Hutchinson’s Brisbane and Sydney terminals.
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