Search results for: Asia Container Terminals Limited

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  • 19 October 2015
    Business & Finance

    Singapore-listed container port business trust Hutchison Port Holdings Trust (HPH Trust) has reached a cumulative throughput of 200 million TEUs in Hong Kong since starting its operations at the Hong Kong Port half a century ago. The Hong Kong terminal operators under the banner of the HPH Trust – namely Hongkong International Terminals Limited, COSCO-HIT Terminals (Hong […]

  • 19 October 2015
    Business & Finance

    Singapore-listed container port business trust Hutchison Port Holdings Trust (HPH Trust) has reached a cumulative throughput of 200 million TEUs in Hong Kong since starting its operations at the Hong Kong Port half a century ago. The Hong Kong terminal operators under the banner of the HPH Trust – namely Hongkong International Terminals Limited, COSCO-HIT Terminals (Hong […]

  • 20 December 2016
    Business & Finance

    COSCO-HIT Terminals (Hong Kong) Limited (CHT), Asia Container Terminals Limited (ACT) and Hongkong International Terminals Limited (HIT) have signed a co-management deal in relation to the operation of the 16 berths across Terminals 4, 6, 7, 8 and 9 of Kwai Tsing, New Territories, Hong Kong. Taking into account the changing dynamics of the shipping […]

  • 13 February 2019
    Business & Finance

    HPH Trust ended 2018 with loss of HKD 10.2 billion, compared to a profit of HKD 2.2 billion reported in 2017.

  • 9 January 2019
    Business & Finance

    CHT, ACT, HIT and MTL have decided to collaborate together in order to better use their terminal assets.

  • 6 February 2018
    Business & Finance

    HPH Trust ended 2017 with a drop in earnings, while volumes continued rising.

  • 30 October 2017
    Business & Finance

    Although its combined container throughput increased in the third quarter of 2017, Singapore-listed container port business trust Hutchison Port Holdings Trust (HPH Trust) saw a drop in its earnings for the period. The company’s profit for the three months ended September 30 was down by 16.4 percent and stood at HKD 678.5 million at the end […]

  • 25 April 2017
    Business & Finance

    Singapore’s container port business trust Hutchison Port Holdings Trust (HPH Trust) recorded a 52.7 percent decrease in its profit for the first quarter of 2017, which dropped to HKD 375.9 million (USD 48.3 million) from HKD 794.2 million (USD 102.05 million) posted in the same period last year.  What is more, profit attributable to unitholders of […]

  • 7 January 2016
    Business & Finance

    Adani Ports & SEZ Ltd, part of the Adani Group, has revealed plans to expand its Adani International Container Terminal Private Limited (AICTPL) at its flagship Mundra port as it strives to create a transhipment hub for the Middle East, South Asia and India. AICTPL is a 50:50 JV with Terminal Investment Ltd, an arm of […]

  • 7 January 2016
    Business & Finance, Equipment, Technology

    Adani Ports & SEZ Ltd (APSEZL), part of the Adani Group, has announced a plan to expand its existing terminal Adani International Container Terminal Private Limited (AICTPL) at its flagship Mundra port. The expansion of AICTPL will position Mundra as the major transshipment hub in the country providing congestion free and cost effective solution, Adani said […]

  • 11 January 2019

    The Competition Commission investigates the recently created terminal operator alliance.

  • 27 July 2016
    Business & Finance

    Dubai-based port and terminal operator DP World Limited and the state run Taiwan International Ports Corporation (TIPC) signed a Memorandum of Understanding (MoU) for the development of Kaohsiung Port’s Terminal 7 in Taiwan. The agreement marks the beginning of a joint effort to seek future business opportunities and to steer growth in Taiwan’s port infrastructure, according to […]

  • 13 May 2013
    Business & Finance

    The Port of Felixstowe has received the prestigious ‘Best Container Terminal in Europe’ Award at the 27th Annual Asian Freight & Supply Chain Awards (the AFSCAs). The award was presented to the Port at a glittering ceremony held in Beijing. Commenting on the award, Clemence Cheng, Chief Executive Officer of Hutchison Ports (UK) Limited, owners […]

  • 2 May 2014
    Business & Finance

    International Container Terminal Services, Inc. (ICTSI) and Anglo Ports, through their Australian subsidiary Victoria International Container Terminal Limited (VICTL), have signed a contract in Melbourne with the Port of Melbourne Corporation on 2 May 2014 for the design, construction, commissioning, operation, maintenance and financing of the Port of Melbourne’s new international container terminal and empty […]

  • 29 June 2011
    Business & Finance

    NOL Group today opened its new terminal at the Port of Qingdao with the arrival of the APL Dubai. Originally expected to open in the second half of 2011, the joint venture container terminal opened for business well ahead of schedule. “We are happy that we can commence operations earlier than planned and we thank […]

  • 31 January 2012
    Business & Finance

    APM Terminals India Pvt. Ltd.’s Chennai Container Freight Station operations was named “Container Freight Station of the Year” at the India Maritime Gateway Awards ceremony held as part of India Maritime Week. A large number of national and regional, government run and privately managed, CFS’ participated in the competition. Participants were judged on volume growth, […]

  • 29 December 2016
    Business & Finance

    Dubai-headquartered port and terminal operator DP World has increased its stake in Pusan Newport Company Limited (PNC) as it purchased an additional 23.94% stake in the South Korean firm. The share, which was acquired from Samsung Corporation & Subsidiaries, increases DP World’s holding in PNC to 66.03%. The parties did not disclose the terms of the […]

  • 2 April 2015
    Business & Finance

    DP World Limited has announced its agreement to acquire Maher Terminal’s Fairview Container Terminal (Fairview) in Prince Rupert, British Columbia, Canada from Deutsche Bank. Fairview presents growth opportunity in a market with attractive and growing demand. Fairview is a purpose built terminal with an efficient sea-rail link and has a current capacity of 850,000 TEU (twenty-foot […]

  • 3 January 2017
    Business & Finance

    Sri Lanka-based Colombo International Container Terminals (CICT) has recorded a 28 percent increase in its yearly container volume, handling 2 million TEUs in 2016, compared to 1.56 million TEUs seen in 2015. The high container volume has enabled the Port of Colombo, where the container terminal is located, to see overall growth in the three […]

  • 2 May 2014
    Business & Finance, Equipment, Technology

    International Container Terminal Services, Inc. (ICTSI) and Anglo Ports, through their Australian subsidiary, Victoria International Container Terminal Limited (VICTL), have signed a contract in Melbourne with the Port of Melbourne Corporation for the design, construction, commissioning, operation, maintenance and financing of the Port of Melbourne’s new international container terminal and empty container park at Webb […]

  • 21 December 2016
    Business & Finance

    Swiss-based container shipping major Mediterranean Shipping Company (MSC) has signed an agreement to buy Hanjin Shipping’s stake in a container terminal at California’s Port of Long Beach, according to Yonhap News Agency. Namely, the Seoul Central District Court has reportedly given its nod to the contract with MSC, under which Hanjin will sell its 54 percent […]

  • 31 January 2018
    Business & Finance

    SPICT has commenced operations at the Lae Tidal Basin in Lae, Papua New Guinea.