Modern Terminals
 |
 | This article needs to be updated. (April 2023) |
| 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 |
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 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
- ^ 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
- Articles with bare URLs for citations from August 2024
- Articles with invalid date parameter in template
- Short description with empty Wikidata description
- All articles lacking reliable references
- Commons category link is locally defined
- Port operating companies
- Ports and harbours of Hong Kong
- Transport companies established in 1969
- 1969 establishments in Hong Kong
- Lai King
- Tsing Yi
- The Wharf (Holdings)
- China Merchants
- 1994 mergers and acquisitions
- 2001 mergers and acquisitions
- 2003 mergers and acquisitions
- 2005 mergers and acquisitions