Hutchison Port Holdings

Hutchison Port Holdings

Hutchison Port Holdings, a subsidiary of Hong Kong-based investment company Hutchison Whampoa Limited, is a major port investor, developer and operator.

Founded in 1994, the company has terminal operations in countries around the world, including Asia, Africa, Australia, the Caribbean, Europe, the Middle East, Central America, North America and South America, including Hongkong International Terminals, Lazaro Cardenas Terminal Portuaria de Contenedores in Mexico, Panama Ports Co., and an array of Europe Container Terminals operations. In 2012, HPH’s port network handled a combined throughput of 76.8 million 20-foot-equivalent units.

HPH also has expanded internationally into other areas, including cargo security (Loadstar), logistics (including Hutchison Logistics in Hong Kong), airport operations and ship repair.

09 Feb 2015
The challenging environment faced by Hutchison Port Holdings Trust terminals in Hong Kong was reflected in the financial results of the Singapore listed port operator as goodwill impairment charges took its net loss to $2.4 billion in the fourth quarter.
06 Feb 2015
“The market rumor is unfounded,” was the terse response of Hutchison Port Holdings when asked to comment on a report that the global container terminal operator was planning to sell a 40 percent stake in the business to a China consortium.
19 Jan 2015
Hong Kong port ended a year it would rather forget with annual container throughput falling for a third consecutive time, registering 22.2 million TEUs in 2014 that was down 0.3 percent on the previous year's numbers.
05 Nov 2014
The terminal at the center of the congestion crisis in Rotterdam over the summer has just set a new port record for the number of containers loaded on and off a ship at Europe’s largest container hub.
27 Oct 2014
The mainland taxman hit Hutchison Port Holdings Trust with a 131 percent tax increase in the third quarter, eroding the strong performance of terminals in Yantian and Hong Kong and pulling revenue for the period down by 9 percent.
Yantian international container terminal. Photo: lzf / Shutterstock.com
10 Aug 2014
Asia’s ports reported strengthening of container throughput in the first half as the economic recovery of the U.S. and Europe drove up consumer spending and new export orders flooded into Chinese factories.
26 Jul 2014
Hutchison Port Holdings Trust (HPH Trust) reported a 16 percent rise in first-half net profit on the back of improved U.S. and European cargo and greater transshipment volume.
15 Apr 2014
Hongkong International Terminals (HIT) said port operators, contractors and workers — who have reached a settlement in wage negotiations that will give dockworkers a potential increase of 10.1 percent — were “all in the same boat” and would have to work together if the port was to remain competitive.
08 Apr 2014
Contracted dockworkers at Hong Kong’s Kwai Chung Container Terminals have been told they will receive a 12 percent pay increase, but after last year’s successful strike...