Hutchison Ports

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Hutchison Ports
Private company
Industry Transport, Logistics
Services Port operations
Total equity

CK Hutchison Holdings 80%

PSA 20%
Owner CK Hutchison Holdings
Parent CK Hutchison Holdings
Website www.hutchisonports.com

Hutchison Ports, formerly known as Hutchison Port Holdings (HPH) is a private holding company incorporated in the British Virgin Islands. The network is a subsidiary of CK Hutchison Holdings (formerly Hutchison Whampoa).

In 2016, the network comprised 48 port operations throughout Asia, the Middle East, Africa, Europe, the Americas and Australasia.

History[edit]

In 2005, HPH was the largest port operator in the world, with a 33.2 million TEU throughput, and 8.3% world market share.[1] Some of HPH's businesses were spun off and listed in Singapore as Hutchison Port Holdings Trust (zh), a business trust under Singapore's Business Trusts Act.

In April 2006, Hutchison Whampoa sold a 20% share of Hutchison Port Holdings Limited to PSA International, retaining ownership of the remaining 80%.[2]

In September 2016, HPH rebranded its network as Hutchison Ports.[3]

In December 2016 the Chornomorsk commercial seaport in 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 Ukrain's port industry.[4]

Also in December, 2016 The managers of Hutchison Port Holdings (HPH) Trust announced an agreement to purchase 41.3 percent of Huizhou International Container Terminals (HICT) from the sponsor of the trust for $86.26 million.[5]

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.[6]

Current port assets[edit]

City Country or Region Name Share
Buenos Aires Argentina Port of Buenos Aires (Terminal 5 Wholly owned subsidiary
Brisbane Australia Port of Brisbane (Berths 11 & 12) Wholly owned subsidiary
Sydney Australia Port Botany (Terminal 3) Wholly owned subsidiary
Freeport Bahamas Freeport Container Port Limited Joint Venture (51%)
Willebroek Belgium Trimodal Container Terminal Belgium Subsidiary[a]
Alexandria Egypt Alexandria International Container Terminals Company Ltd. Joint Venture (50%)
EI Dekheila Egypt
Duisburg Germany Duisburger Container Terminal GmbH Subsidiary[a]
Hong Kong Hong Kong SAR, PRC Asia Port Services Wholly owned subsidiary
Hong Kong (Kwai Tsing District) Hong Kong SAR, PRC Kwai Tsing Container Terminals (CT4, CT6, CT7, CT9N) Subsidiary (66.5%)
Hong Kong (Kwai Tsing District) Hong Kong SAR, PRC Kwai Tsing Container Terminals (CT8 2nd largest shares holder (33.3%) after COSCO Pacific
Hong Kong (Tuen Mun District) Hong Kong SAR, PRC River Trade Terminal Joint venture (50%) with Sun Hung Kai Properties
Jakarta Indonesia Jakarta International Container Terminal Joint Venture (51%)
Jakarta Indonesia Terminal Petikemas Koja Subsidiary
Karachi Pakistan Karachi International Container Terminal Subsidiary
Karachi Pakistan South Asia Pakistan Terminal Subsidiary
Taranto Italy Taranto Container Terminal S.p.A. Joint venture (50%)[7]
Busan Korea Republic Hutchison Busan Container Terminal Subsidiary
Busan Korea Republic Hutchison Gamman Container Terminal Subsidiary
Gwangyang Korea Republic Hutchison Kwangyang Container Terminal Subsidiary
Gwangyang Korea Republic Korea International Terminals (Port Phase II) Subsidiary (89%)
Lazaro Cardenas Mexico Lázaro Cardenas Terminal Portuaria de Contenedores (LCTPC)
Port Klang Malaysia Westports Malaysia Sdn Bhd 2nd largest shares holder (30%) as of 2000[8]
Dar es Salaam Tanzania Tanzania International Container Terminal Services Subsidiary (70%)[9]
Isle of Grain United Kingdom London Thamesport Wholly owned subsidiary
Harwich United Kingdom Harwich International Port Wholly owned subsidiary
Felixstowe United Kingdom Port of Felixstowe Wholly owned subsidiary

Notes[edit]

  1. ^ a b As a subsidiary of Europe Container Terminals B.V., a subsidiary of HPH (98%)

References[edit]

  1. ^ Marie-Hélène Le Rossignol (April 2007), Global Terminal Operators: An overview (PDF), 4. An Overview of the top 10 companies : Hutchinson Port Holdings (HPH), pp.8-9; 3. The top 10 GTO, Table 2 "GTO 2005 throughput", p.7 
  2. ^ "PSA buys 20% stake in HPH Hutchison Port Holdings,Hutchison Whampoa,PSA, Acquisition and mergers,". www.worldcargonews.com. Retrieved 2016-04-10. 
  3. ^ "Becoming Hutchison Ports". Hutchison Ports. Retrieved 6 October 2016. 
  4. ^ "Ukraine. Port of Chornomorsk signed a memorandum with Hutchison Ports". UkrAgroConsult (in Russian). Retrieved 2017-01-26. 
  5. ^ "Singapore: HPH Trust acquires 41.3% in HICT for $86.26m - DealStreetAsia". www.dealstreetasia.com. Retrieved 2017-01-26. 
  6. ^ "Deals this week: Societe de Transport Lagunaire, Hutchison Port Holdings Trust, Fincantieri". Ship Technology. Retrieved 2017-01-26. 
  7. ^ Hutchison Port Holdings
  8. ^ "Hutchison Port Holdings acquires 30% stake of Westport Holdings". Hutchison Whampoa. 2000-09-26. Retrieved 2010-03-28. 
  9. ^ "Annual Report" (PDF). Hutchison Whampoa. 2013. p. 78. Retrieved 14 March 2015. 

External links[edit]