| Hutchison Port Holdings Limited | |||||||||||
| Trade Name: | Hutchison Ports | ||||||||||
| Type: | Subsidiary | ||||||||||
| Founder: | John Duflon Hutchison | ||||||||||
| Area Served: | Worldwide | ||||||||||
| Key People: | Eric Ip (Group Managing Director) Sin Ling Tsim (CFO) | ||||||||||
| Industry: | Transport, Logistics | ||||||||||
| Products: | Port operations | ||||||||||
| Services: | Port operations | ||||||||||
| Parent: | CK Hutchison Holdings | ||||||||||
| Location City: | Hong Kong | ||||||||||
| Module: |
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Hutchison Port Holdings Limited (HPH;), trading as Hutchison Ports, is a private holding company incorporated in the British Virgin Islands. The port operator group is a subsidiary of CK Hutchison Holdings (formerly Hutchison Whampoa). Some operation of the company were listed as Hutchison Port Holdings Trust in Singapore Exchange.
In 2016, the network comprised 48 port operations throughout Asia, the Middle East, Africa, Europe, the Americas and Australasia.[1]
In 2005, HPH was the largest port operator in the world, with a 33.2 million TEU throughput, and 8.3% world market share.
In April 2006, Hutchison Whampoa sold a 20% share of Hutchison Port Holdings Limited to PSA International for $US4.4 billion, retaining ownership of the remaining 80%.[2] [3]
In 2011, some of the assets was spin-off as a listed company as ;[4] the listed company was incorporated as a business trust under Singapore's Business Trusts Act.
In September 2016, HPH rebranded its network as Hutchison Ports.[5]
In December 2016, the Chornomorsk commercial seaport in western 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 Ukraine's port industry.[6] [7]
Hutchison Port Holdings Trust is a listed trust in Singapore Exchange. Hutchison Whampoa only owned 25% stake, but had the rights to influence the trust by controlling the key stake of changing the trustee they nominated before the initial public offering.[8]
In December 2016 The Trust's subsidiaries and Shenzhen Pingyan Multimodal Company Limited, jointly purchased 80% shares of Huizhou International Container Terminals (HICT) from Hutchison Port Holdings for US$86.26 million.[9] [10]
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.[11]
| City | Country or Region | Name | Share |
|---|---|---|---|
| Barcelona | Spain | Barcelona Europe South Terminal (BEST) in Port of Barcelona | Wholly owned [12] |
| Buenos Aires | Argentina | Port of Buenos Aires (Terminal 5) | Wholly owned subsidiary |
| Brisbane | Australia | Port of Brisbane (Berths 11 & 12) | |
| Sydney | Port Botany (Terminal 3) | ||
| Freeport | Bahamas | Freeport Container Port Limited | Joint Venture (51%) |
| Willebroek | Belgium | Trimodal Container Terminal Belgium | Subsidiary |
| Alexandria | Egypt | Alexandria International Container Terminals Company Ltd. | Joint Venture (50%) |
| EI Dekheila | |||
| Duisburg | Germany | Duisburger Container Terminal GmbH | Subsidiary |
| Hong Kong | Hong Kong | Asia Port Services | Wholly owned subsidiary |
| Hong Kong (Kwai Tsing District) | Kwai Tsing Container Terminals (CT4, CT6, CT7, CT9N) | Subsidiary (66.5%) | |
| Hong Kong (Kwai Tsing District) | Kwai Tsing Container Terminals (CT8) | 2nd largest shares holder (33.3%) after COSCO Pacific | |
| Hong Kong (Tuen Mun District) | River Trade Terminal | Joint venture (50%) with Sun Hung Kai Properties | |
| Jakarta | Indonesia | Jakarta International Container Terminal | Joint Venture (51%) |
| Jakarta | Terminal Petikemas Koja | Subsidiary | |
| Karachi | Pakistan | Karachi International Container Terminal | |
| Karachi | South Asia Pakistan Terminal | ||
| Taranto | Italy | Taranto Container Terminal S.p.A. | Joint venture (50%)[13] |
| Busan | South Korea | Hutchison Busan Container Terminal | Subsidiary |
| Busan | Hutchison Gamman Container Terminal | ||
| Gwangyang | Hutchison Kwangyang Container Terminal | ||
| Gwangyang | Korea International Terminals (Port Phase II) | Subsidiary (89%) | |
| Veracruz | Mexico | Internacional de Contenedores Asociados de Veracruz (ICAVE) | Subsidiary |
| Lazaro Cardenas | Lázaro Cardenas Terminal Portuaria de Contenedores (LCTPC) | ||
| Port Klang | Malaysia | Westports Malaysia Sdn Bhd | 2nd largest shares holder (30%) as of 2000[14] |
| Dar es Salaam | Tanzania | Tanzania International Container Terminal Services | Subsidiary (70%)[15] |
| Isle of Grain | United Kingdom | London Thamesport | Wholly owned subsidiary |
| Harwich | Harwich International Port | ||
| Felixstowe | Port of Felixstowe | ||
| Rotterdam | Netherlands | HUTCHISON PORTS ECT ROTTERDAM | |
| Yangon | Myanmar | Myanmar International Terminals Thilawa |