Mar 2011 - HPH Trust Launches Initial Public Offering in Singapore
Hutchison Port Holdings Trust ("HPH Trust") registered its prospectus with the Monetary Authority of Singapore, in connection with its listing on the Main Board of Singapore Exchange Securities Trading Limited. HPH Trust is the first publicly traded container port business trust and provides investors with an attractive opportunity to invest in the market leader of the world's largest trading hub by throughput, the Pearl River Delta.
Apr 2012 - HPH Trust Becomes the First Entity to Launch Dual-currency Trading for its Units on SGX
With the launch of dual currency trading of the Units, HPH Trust has a Singapore dollar ("S$") counter in addition to its existing US$ counter. Trades made in the US$ counter can be settled through SGX in US$, while trades made in the S$ counter can be settled through SGX in S$. The Units traded in both counters are identical.
Hutchison Port Holdings Management Pte. Limited, the trustee-manager of HPH Trust, believes that the introduction of dual currency trading for HPH Trust can benefit both existing unitholders of HPH Trust and new investors by providing them with the flexibility to trade the Units in either US$ or S$.
Dec 2014 - HIT's 45th anniversary
The year 2014 marks HIT's 45th anniversary. In celebration of this landmark, HIT held a party for staff on 3 December with further events planned for the coming months. At the party, the management team thanked staff for their hard work and dedication to the company and announced a HK$1.8 billion equipment investment plan to ensure the long-term development of HIT.
Oct 2015 - HPH Trust Hong Kong Reaches 200 Million TEU Milestone
HPH Trust announced its cumulative throughput in Hong Kong reaching 200 million TEU, setting a remarkable milestone for Hong Kong's container port industry. A celebration cocktail was held on 16 October 2015 with over 350 guests of government officials, shipping line customers, industry partners and stakeholders attended. Professor Anthony Cheung Bing-leung, GBS, JP, Secretary for Transport and Housing congratulated HPH Trust at the celebration cocktail for its achievement and contribution to Hong Kong's port industry.
HPH Trust CEO Mr. Gerry Yim expressed at the cocktail, "Facing the recent challenges, our strategy is "Be Prepared". Our company will not diminish its development; on the contrary, we have committed a HK$1.8 billion equipment investment plan to enhance our operational standards. We will continue to launch various activities to strengthen communications with staff and external contractor workers, promote workplace safety and increase the sense of belonging among staff."
Jan 2015 - Yantian handles its 123,456,789th TEU
Yantian handled its 123,456,789th TEU and organised an on-site celebration to commemorate the special achievement with the unveiling of a model made out of these nine digits. The model is decorated with a range of colours, making it a very attractive structure to both staff and visitors. The auspicious figure "123456789" marks a milestone for Yantian and the management team wishes to thank the staff for their dedication and teamwork, encouraging all work together to reach new heights.
May 2017 - Yantian Welcomes the Inaugural Call of the World's Largest Container Vessel, OOCL Hong Kong
Yantian welcomed the inaugural call of the 21,413-TEU OOCL Hong Kong. Measuring 399.87 metres long and 58.8 metres wide, this is the largest container vessel in the world by carrying capacity. The vessel is the first of OOCL's six 21,000 plus -TEU container vessels to come on stream. It is deployed as part of the Asia-Europe service (NEU1) under the Ocean Alliance.
Apr 2017 - World's Largest Container Vessel Calls at HIT
The world's largest container vessel in service, MOL TRIUMPH, called at HIT today during her maiden voyage. With a capacity of 20,170 TEU, MOL TRIUMPH measures 400 metres long and 58.8 metres wide.
Celebrating the call of MOL TRIUMPH with representatives from Mitsui O.S.K Lines, Ltd (MOL) and Transport and Housing Bureau, HIT's Managing Director, Mr Gerry Yim, said, "The world's largest container vessel called at HIT on her maiden voyage signifies Hong Kong's prominence in the global maritime industry and reflects MOL's confidence in HIT's capabilities and efficiency."
"Hong Kong has completed the dredging of its channel to 17 metres to better accommodate mega vessels. HIT is therefore well positioned to meet the emerging needs of the cargo market with its capability to serve 3 mega vessels simultaneously at our facilities." Mr Yim added.
Jan 2018 - HIT's Container Terminal 9 North Launches Remote-controlled Operations
HIT held an opening ceremony today to mark the launch of its remote-controlled rubber-tyred gantry cranes and automated container stacking system at Container Terminal 9 (CT9) North. This landmark development made CT9 North the first container terminal in Hong Kong where all yard cranes are operated remotely and the stacking of containers is fully automated at yard. The completion of the project is also unprecedented as it was the first time in the world for a container terminal to make such transit while maintaining full operations.
HIT's Managing Director, Mr Gerry Yim, pointed out that the remote crane operations can bring four benefits, namely:
- Improved working environment for crane operators
- Increased industrial safety
- Higher operational efficiency and productivity
- Cleaner terminal environment by reducing carbon emissions
The officiating guest, Ms Angela Lee, Deputy Secretary for Transport and Housing, said at the launching ceremony that HIT's brand-new remote operation system not only raises the terminal's operational efficiency, but it also strengthens the competitiveness of Hong Kong Port.