Modern_Terminals_Limited

Modern Terminals

Modern Terminals

Container terminal operator in Hong Kong

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]

Quick Facts Company type, Industry ...

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

  1. [1]
    The Wharf Holdings - Mr. Stephen Ng
  2. [2]
    Modern Terminals Limited - Message from Group Managing Director
  3. [3]
    "Modern Terminals in talks on port deal". Archived from the original on 2008-12-02. Retrieved 2008-04-03.
  4. [4]
    "Modern Terminals Limited - Equipment List". Archived from the original on 2008-04-21. Retrieved 2008-04-03.
  5. [5]
    SWIRE PACIFIC LIMITED - Sale of shares in Modern Terminals Limited
  6. [6]
    "Modern Terminals Limited - History". Archived from the original on 2005-01-05. Retrieved 2008-04-03.
  7. [7]
    https://www.ccn.com/hong-kongs-2nd-largest-terminal-operator-adopts-blockchain-to-document-logistics-data/
Wikimedia Commons has media related to Modern Terminals Limited.
Share this article:

This article uses material from the Wikipedia article Modern_Terminals_Limited, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.