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Modern Terminals

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Modern Terminals Limited
現代貨箱碼頭有限公司
Company typePrivately held company
IndustryContainer port operator
Founded1969
Headquarters
Hong Kong
,
Hong Kong
Area served
Hong Kong
Key people
Chairman: Mr. Stephen Ng[1]
Group Managing Director: Mr. Peter Levesque[2]
ParentThe Wharf (Holdings)
WebsiteModern Terminals Limited

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]

In 1990s, the major shareholder were the Wharf (Holdings), China Merchants Holdings (International), 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 are Wharf (Holdings), China Merchants Holdings (International) and Jebsen Securities.[6]

References

  1. ^ The Wharf Holdings - Mr. Stephen Ng
  2. ^ Modern Terminals Limited - Message from Group Managing Director
  3. ^ Modern Terminals in talks on port deal
  4. ^ Modern Terminals Limited - Equipment List
  5. ^ SWIRE PACIFIC LIMITED - Sale of shares in Modern Terminals Limited
  6. ^ Modern Terminals Limited - History
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