Type Privately held company Headquarters Hong Kong Parent organization The Wharf (Holdings) | Area served Hong Kong Founded 1969 | |
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Industry Container port operator Key people Chairman: Mr. Stephen Ng
Group Managing Director: Mr. Peter Levesque Website Modern Terminals Limited | ||
Benjamin lai managing director dachan bay terminal modern terminals limited
Modern Terminals Limited (Modern Terminals or MTL), is the second largest container terminal operator in Hong Kong, just after Hongkong International Terminals Limited. It operates terminal 1, 2, 5 and 9 (South) in Kwai Tsing Container Terminals in Hong Kong, and also sets up joint-venture in container terminals in Shenzhen, Guangdong and Taicang, Jiangsu in Mainland China.
In 1990s, the major shareholder were the Wharf (Holdings), China Merchants Holdings (International), Swire Pacific.
Swire Pacific sold all the shares of MTL to the Wharf (Holdings) and China Merchants Holdings (International) in 2003. It is now the subsidiary of Wharf (Holdings) and its shareholders are Wharf (Holdings), China Merchants Holdings (International) and Jebsen Securities.