This article needs to be updated. (April 2023) |
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]
| 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 |
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
edit- ^ The Wharf Holdings - Mr. Stephen Ng
- ^ Modern Terminals Limited - Message from Group Managing Director
- ^ "Modern Terminals in talks on port deal". Archived from the original on 2008-12-02. Retrieved 2008-04-03.
- ^ "Modern Terminals Limited - Equipment List". Archived from the original on 2008-04-21. Retrieved 2008-04-03.
- ^ SWIRE PACIFIC LIMITED - Sale of shares in Modern Terminals Limited
- ^ "Modern Terminals Limited - History". Archived from the original on 2005-01-05. Retrieved 2008-04-03.
- ^ https://www.ccn.com/hong-kongs-2nd-largest-terminal-operator-adopts-blockchain-to-document-logistics-data/ [bare URL]
External links
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