Modern Terminals
This article needs to be updated. (April 2023) |
| Company type | Privately held company |
|---|---|
| Industry | Container port operator |
| Founded | 1969 |
| Headquarters | , Hong Kong |
Area served | Hong Kong |
Key people | Chairman: Stephen Ng[1] Group Managing Director: Horace Lo[2] |
| Parent | The Wharf (Holdings) |
| Website | 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.[3] 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.[4]
In the 1990s, MTL's largest shareholders were the Wharf (Holdings), China Merchants Holdings (International) and Swire Pacific.
Swire Pacific sold all the shares of MTL to the Wharf (Holdings) and China Merchants Holdings (International) in 2003.[5] It is now the subsidiary of Wharf (Holdings) and its shareholders China Merchants Holdings (International) and Jebsen Group.[6]
On March 4, 2021, CCN reported that Modern Terminals, the second-largest container terminal operator in Hong Kong, joined the TradeLens project, a blockchain-enabled technological solution developed by Maersk and IBM.[7]
References
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- ^ Modern Terminals Limited - Message from Group Managing Director
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ SWIRE PACIFIC LIMITED - Sale of shares in Modern Terminals Limited
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- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
External links
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- Port operating companies
- Ports and harbours of Hong Kong
- Transport companies established in 1969
- 1969 establishments in Hong Kong
- Lai King
- Tsing Yi
- The Wharf (Holdings)
- China Merchants
- 1994 mergers and acquisitions
- 2001 mergers and acquisitions
- 2003 mergers and acquisitions
- 2005 mergers and acquisitions
- Hong Kong company stubs
- Transport company stubs