Search results for: Hutchinson Port Holdings Limited

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  • 20 May 2016

    Hutchinson Port Holdings’ (HPH) subsidiary Barcelona Europe South Terminal (BEST) achieved its new container handling record on May 16 when it moved 7,760 TEU on the call of MSC Beatrice. BEST says it deployed simultaneously a total of eight ship-to-shore gantry cranes for the operation, achieving a peak vessel operating rate (VOR) of 221.3 moves […]

  • 28 June 2016
    Business & Finance

    Hutchinson Port Holdings (HPH) is to operate the container terminal at the new Stockholm Norvik Port to be built north of Nynäshamn, Sweden. The final permit to begin the construction of the port was obtained on April 27 this year, after the Swedish Supreme Court issued a positive ruling. “We are planning for operations to start in […]

  • 12 May 2016
    Business & Finance

    Hong Kong-listed Cosco Pacific Limited has entered into a share sale and purchase agreement with Hutchinson Port Holdings to acquire a 35% equity interest in Euromax container terminal in Rotterdam. The consideration for the acquisition comprises of €41.43 million for 35% of the share capital of Euromax and €84 million for 35% of the shareholder’s loan of […]

  • 19 April 2016
    Business & Finance

    The first quarter of 2016 seems to be off to an excellent start for Singapore-listed container port business trust Hutchinson Port Holding Trust (HPH Trust) which saw its net profit surge by 94.2% when compared to last year. Namely, despite a fall in throughput of its deep-water ports of 8% during the first quarter of this year ending March […]

  • 22 March 2019
    Business & Finance

    ITF: Pakistani docker suffered fatal injuries in an incident at Hutchison Port’s Karachi terminal.

  • 16 October 2019

    Pakistan Deep Water Container Port is the country’s only deep-water port.

  • 28 July 2014
    Business & Finance

    SOHAR Port and Freezone, a deep-sea port and the adjacent free zone, located in Sohar, Oman, is undergoing a major expansion and has set very ambitious goals on a global scale, all with the goal of attracting major shipping players to the port. The Port has invested USD 15 billion in building up its infrastructure and […]

  • 8 September 2008

    Project Updates – September 8, 2008 The Port of Felixstowe held a groundbreaking ceremony on September 1st to mark the formal commencement of the Felixstowe South Reconfiguration project. Performed by John Meredith, Group Managing Director of Hutchison Port Holdings, the ceremony was attended by a range of port customers and local dignitaries, as well as […]

  • 26 June 2019
    Business & Finance

    New CEO will take the helm at Hutchison Port Holdings Management from mid-July 2019.

  • 26 August 2015
    Business & Finance

    Hutchinson Ports Australia (HPA) said in a clarification that the recent laying off of 87 staff via text messages and emails, that was fiercely criticized by the unions, was preceded by careful consideration and extensive face-to-face consultation. In addition, HPA claims that the text message and email communications are an agreed means of quickly sharing […]

  • 8 May 2015
    Business & Finance

    Melbourne-headquartered carrier ANL Container Line has terminated the stevedoring contract with Patrick at Port of Botany due to delays on its weekly Tranztas service that connects Australia and New Zealand. The delays started back in April, when the shipping company experienced schedule disruptions in Australia. The delays have been caused by a redevelopment project at the […]

  • 26 August 2015
    Business & Finance

    Hutchinson Ports Australia (HPA) said in a clarification that the recent laying off of 87 staff via text messages and emails, that was fiercely criticized by the unions, was preceded by careful consideration and extensive face-to-face consultation. In addition, HPA claims that the text message and email communications are an agreed means of quickly sharing […]

  • 1 May 2013
    Business & Finance

    Minister for Ports David Hodgett welcomed today’s news from the Port of Melbourne Corporation, announcing a shortlist of bidders to build and operate Melbourne’s third interna tional container terminal. “The $1.6 billion Port Capacity Project is a critical infrastructure project that will drive competition and fundamentally enhance Victoria’s future economic growth,” Mr Hodgett said. “I’m […]

  • 11 November 2013
    Business & Finance

    Port Botany’s newest container terminal, Sydney International Container Terminals Limited (SICTL), is now operating. It received its first ship on Wednesday night, the Forum Fiji. SICTL is a wholly-owned subsidiary of Hutchison Port Holdings (HPH), the world’s leading port investor, developer and operator. SICTL is HPH’s second international container terminal in Australia. Brisbane Container Terminals […]

  • 19 December 2016
    Business & Finance

    Hutchison Ports has signed a Memorandum of Understanding (MOU) with the government of Ukraine for the development of container terminal facilities at Chornomorsk Port on the Black Sea. Chornomorsk is one of the largest ports in the Black Sea handling a range of cargo including containers, ferries, general and bulk cargoes. The MOU was signed […]

  • 23 October 2015
    Business & Finance

    Hong Kong-based port and terminal operator Hutchison Port Holdings said that 15 million TEUs of containerized cargo have passed through the company’s outpost in Thailand since the start of operations in 2002. Hutchison Ports Thailand (HPT) organized an event at Terminal C1C2 in Laemchabang Port on October 21 to mark the milestone. The attendees witnessed the ceremonial loading of […]

  • 16 April 2018
    Business & Finance

    Protectionist US trade policies and geopolitical tensions could affect trade volume growth seen in Q1 2018.

  • 28 December 2016
    Business & Finance

    Container port business trust Hutchison Port Holdings Trust (HPH Trust) has reached an agreement to purchase a majority stake in Huizhou International Container Terminals Limited (HICT). Through its subsidiaries, Yantian International Container Terminals (Phase III) Limited (YICT III) and Shenzhen Pingyan Multimodal Company Limited (PML), HPH Trust will acquire 65% and 15% of HITC equity interest, […]

  • 23 October 2015
    Business & Finance

    Hong Kong-based port and terminal operator Hutchison Port Holdings said that 15 million TEUs of containerized cargo have passed through the company’s outpost in Thailand since the start of operations in 2002. Hutchison Ports Thailand (HPT) organized an event at Terminal C1C2 in Laemchabang Port on October 21 to mark the milestone. The attendees witnessed the ceremonial loading of […]

  • 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 […]

  • 7 August 2015
    Business & Finance

    Hutchison Ports Australia, a subsidiary of the Hong Kong-based Hutchison Port Holdings, closed its Sydney and Brisbane terminals and stopped all activities after sacking around 100 out of its 224 dockworkers via an email sent around midnight August 6, local time. Local police have been brought in to watch over the Hutchison workers picketing outside the company’s terminal […]

  • 7 August 2015
    Business & Finance

    Hutchison Ports Australia, a subsidiary of the Hong Kong-based Hutchison Port Holdings, closed its Sydney and Brisbane terminals and stopped all activities after sacking around 100 out of its 224 dockworkers via an email sent around midnight August 6, local time. Local police have been brought in to watch over the Hutchison workers picketing outside the company’s terminal […]