Type Private company Services Port operations Website www.hutchisonports.com Founded 1994 | Industry Transport, Logistics Parent CK Hutchison Holdings Owner CK Hutchison Holdings | |
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Total equity CK Hutchison Holdings 80%
PSA 20% Headquarters New Territories, Hong Kong Subsidiaries Hongkong International Terminals Ltd. | ||
Hutchison ports dispute mua rising
Hutchison Ports, formerly known as Hutchison Port Holdings (HPH) is a private holding company incorporated in the British Virgin Islands. The network is a subsidiary of CK Hutchison Holdings (formerly Hutchison Whampoa).
Contents
- Hutchison ports dispute mua rising
- Hutchison ports dispute brisbane community assembly
- History
- References
In 2016, the network comprised 48 port operations throughout Asia, the Middle East, Africa, Europe, the Americas and Australasia.
Hutchison ports dispute brisbane community assembly
History
In 2005, HPH was the largest port operator in the world, with a 33.2 million TEU throughput, and 8.3% world market share. Some of HPH's businesses were spun off and listed in Singapore as Hutchison Port Holdings Trust (zh), a business trust under Singapore's Business Trusts Act.
In April 2006, Hutchison Whampoa sold a 20% share of Hutchison Port Holdings Limited to PSA International, retaining ownership of the remaining 80%.
In September 2016, HPH rebranded its network as Hutchison Ports.
In December 2016 the Chornomorsk commercial seaport in Ukraine signed a cooperation agreement with Hutchison Ports. Among the agreed upon points are the company's entry into the port as a terminal operator as of 2017. Hutchison will provide expert consultative services to reform and improve Ukrain's port industry.
Also in December, 2016 The managers of Hutchison Port Holdings (HPH) Trust announced an agreement to purchase 41.3 percent of Huizhou International Container Terminals (HICT) from the sponsor of the trust for $86.26 million.
In January, 2017 HPH Trust signed a strategic agreement to manage the operations at five terminals, including 16 berths in Kwai Tsing in Hong Kong.