Corporate Information

Corporate Information

2011
2012
2014
2015
2017
2018
2019
2020
2021
2022
2023

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.

Nov 2018 - YANTIAN Celebrates its 25th Anniversary

YANTIAN held various staff activities, including an outdoor carnival and an open day of the visitor centre for its employees to celebrate the company's silver anniversary.

Jan 2018 - HIT's Container Terminal 9 North Launches Remote-controlled Operations

HIT held an opening ceremony 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:

  1. Improved working environment for crane operators
  2. Increased industrial safety
  3. Higher operational efficiency and productivity
  4. 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.

May 2019 - HIT and Hutchison Ports Celebrate its 50th Anniversary

On 10 May 2019, HIT and Hutchison Ports celebrated their 50th anniversary with customers, industry stakeholders and Hong Kong government officials. Riding on the successful development of HIT which built a solid foundation over the last fifty years, Hutchison Ports has put in place a strong and balanced portfolio across the globe.

Jan 2019 - Container Terminal Operators to Form the "Hong Kong Seaport Alliance"

HIT, Modern Terminals Limited, COSCO-HIT, and ACT announced the formation of the Hong Kong Seaport Alliance, a joint operating agreement designed to deliver more efficient service offerings to carriers that call Hong Kong, while enhancing the overall competitiveness of the Port of Hong Kong across the region.

September 2020 – YANTIAN Breaks New Records for Container Throughput While Setting New Operational Milestone

In September, YANTIAN loaded 1.46 million TEU, breaking its previous monthly record of 1.42 million TEU achieved in August.

Along with its new operational milestones, YANTIAN was proud to receive five 400-metre-long container vessels in May. The event, which saw vessels ranging between 17,722 and 23,656 TEU berth simultaneously, is a rare occurrence at ports globally.

Both events strengthen YANTIAN’s position as a world class port and its capabilities in serving mega-vessels.

December 2021 - HKSPA Maintains Momentum in Capturing Growth in Cold Chain Market

Hong Kong Seaport Alliance (HKSPA) has once again maintained its reputation as one of the busiest major transshipment hubs in the world by delivering great efficiency and premium services to its customers and actively participating in China’s growing fruit market.

Terminals operated under HKSPA have long presented themselves as trustworthy partners in handling shipments of fresh produce into mainland China, and have set an unparalleled standard in the growing cold chain market. During another challenging year, the alliance has been able to maintain its momentum by leveraging its unique and comprehensive services. These include the roll-out of the Remote Reefer Monitoring System at Kwai Tsing Terminals which has reefer plug capacity of more than 4,700 reefer points, and the direct pick-up of containers after discharge.

December 2021 - YANTIAN Achieves Record-breaking throughput in 2021

In 2021, YANTIAN broke its annual throughput record by handling 14.2 million TEU, exceeding its previous record of handling 13.3 million TEU in 2020. This comes on the back of YANTIAN setting a milestone in the port and logistics industry in early 2021 by handling a total of 200 million TEU in just over 25 years. These achievements send a positive signal to the industry, particularly during the challenging times of the COVID-19 pandemic. YANTIAN’s outstanding long-term performance was celebrated by customers, partners, and government and port supervisory officials at a ceremony in February.

July 2021 - YANTIAN Celebrates Establishment of Inland Port and Launch of Container Rail Service

In July, YANTIAN celebrated the establishment of its inland port at Pinghu South and the launch of a new YANTIAN-Pinghu South container rail service. The event, held at the Pinghu South Depot of China Railway Guangzhou Group, marked the departure of the first train service and the establishment of YANTIAN’s sixth inland port.

Along with establishing itself as a green port and reaching carbon peak and carbon neutrality at its inland ports, YANTIAN aims to continue working with the China Railway Guangzhou Group to promote intermodal services and implement the 1+2+N strategy, i.e. 1 (one goal) +2 (two pilots) +N (unlimited potential in cooperation opportunities) strategy. It also aims to boost the growth of port industries in Yantian to help build an international shipping hub.

August 2021 - YANTIAN Sets China New Records for Volume Handled for a Single Vessel

YANTIAN is pleased to announce the achievement of new records for the largest number of moves handled for a single vessel within two days. When serving MSC FLAVIA under Mediterranean Shipping Company (MSC), YANTIAN handled 22,398 TEU, marking a record-breaking moves in China.

Two days before setting the country’s record, YANTIAN loaded and unloaded 21,472 TEU during the stay of “APL RAFFLES” under CMA CGM Group, which has exceeded YANTIAN’s previous record of 18,447 TEU in 2020 by 16%.

August 2021 - YANTIAN Welcomes the World's Largest Container Vessel Evergreen Marine "Ever Ace" on Her Maiden Voyage

On 11 August 2021, the world’s largest container vessel, “Ever Ace” under Evergreen Marine, called at Berth #16 of YANTIAN on her maiden voyage. YANTIAN welcomed the vessel with water cannon salute, the highest courtesy of the industry.

With a deck area of nearly four soccer fields, “Ever Ace” is 400 meters long, and is 63 meters longer than the world's largest aircraft carrier in service. It has a carrying capacity of 23,992 TEU which, if being connected end to end, can stretch all the way from Shenzhen to Guangzhou. “Ever Ace” is the first of the ten 24,000-TEU class mega ships of Evergreen Marine. Her sister vessels “Ever Act”, “Ever Aim”, and “Ever Alp” will be put into operations this year and will also berth at YANTIAN.

August 2021 - COSCO-HIT's Remote Operations Centre Commences Operation

COSCO-HIT launched its Remote Operations Centre after 20 months of preparation and installation works, starting a new chapter in its pursuit of terminal automation. Against the tide of the global COVID-19 pandemic and uncertainties in the economy, the company remains confident in the future of the Hong Kong Port as demonstrated by its active investments in improving the hardware and software of its container terminal. While enhancing the working efficiency of the COSCO-HIT terminal, this project contributes to the competitiveness of the Hong Kong Port in the long run by lifting the standards of working environment and occupational safety, which in turn attracts more talents to join the industry.

April 2021 – HIT Launches Remote Reefer Container Monitoring System

HIT launched its Remote Reefer Container Monitoring System, establishing 24x7 automated remote management of refrigerated containers and allowing greater visibility and accuracy on container conditions such as temperature, humidity and CO2 level. The initiative aims to enhance the terminals’ operational efficiency and occupational safety, enabling it to capture growing business opportunities in the cold chain logistics market.

The system has been fully deployed at HIT, COSCO-HIT and ACT, the biggest coverage of its kind in the Greater Bay Area. The implementation of the system has not only saved reefer workers’ time on physical yard inspection, but also improved occupational safety.

With the rigour and accuracy of inspection of reefer facilities reinforced, HIT is able to create a more efficient, reliable, and safer logistics gateway for partners by ensuring that temperature-controlled daily necessities, such as fruits and vegetables, frozen meat, seafood, dairy products, chemicals and bio-pharmaceutical products like vaccines and medicine maintain their freshness and potency throughout the journey.

February 2021 – YANTIAN Hits 200 Million TEU Throughput

In February, YANTIAN celebrated reaching total throughput of 200 million TEU in just over 25 years. This is a milestone for the port industry. YANTIAN’s customers and partners, as well as government and port supervisory officials, attended a ceremony to celebrate.

This achievement sends a positive signal to the port and logistics industry as it navigates the challenging global conditions caused by the COVID-19 pandemic.

December 2022 – YANTIAN Celebrates Establishing Inland Ports and Launching its Container Rail Service

YANTIAN commemorated establishing five new inland ports in the Guangdong, Hunan and Jiangxi provinces. These ports introduce new logistics solutions for exporters and greener modes of transport with seamless network connections to the GBA and central China. YANTIAN’s inland ports offers a world-class port experience via its well-developed rail-sea intermodal service.

List of inland ports established in 2022

  • Guangdong inland ports: Longchuan and Jiangmen
  • Hunan inland ports: Yueyang and Chenzhou
  • Jiangxi inland port: Nanchang

November 2022 – YANTIAN Marks its First LNG Bunkering Operation in South China

YANTIAN delivered liquefied natural gas (“LNG”) bunker fuel via ship-to-ship transfer in its first LNG bunkering operation in South China. Currently, it has the world’s largest LNG bunker vessel fitted with Type C tanks.

The LNG bunkering capability has enhanced the competitiveness of YANTIAN as an international shipping hub. It is only the fourth hub port in the world and the first in South China to offer this service. LNG substantially reduces the operating costs of new energy-powered vessels, and the service is expected to attract more such ships to the port.

June 2022 – Official Inauguration of the YANTIAN branch of SZCBEA

The Yantian Branch of Shenzhen Cross-Border E-Commerce Association (“SZCBEA”) was established in June. YANTIAN was named the “Honorary President Organisation of SZCBEA Yantian Branch” at the inauguration of the branch, located in YICT building, in July. Lawrence Shum (left), Managing Director of YANTIAN, received the plaque presented by Wang Xin (right), Executive Chairperson of SZCBEA, at the presentation ceremony.

SZCBEA was established to build a globally renowned international hub for cross-border e-commerce and to also help Chinese brands go global. The branch is committed to leading and promoting the development of the cross-border e-commerce ecosystem.

March 2022 – Consolidation of Remote RTGC Operations at HIT and Terminal 8

To optimise the synergy in remote rubber-tyred gantry crane (“RTGC”) operations between HIT and Terminal 8, Kwai Tsing Terminals successfully merged the two remote operation centres previously located in Kwai Chung and Tsing Yi into one consolidated centre at Terminal 8. With a fibre-optics connection directly linking Terminals 8 and 9 North, the 34 remote RTGCs at these terminals have now been integrated into one system, allowing the existing 34 remote RTGCs fleet to operate at one single office. This important milestone enables the terminals to keep pace with technological advancements and recent operating changes at container ports throughout the world.

The connected network also helps to speed up fault handling and shortens the recovery time after maintenance works with the help of our 24-hour emergency maintenance centre.

February 2022 – HKSPA Facilitates Cross-Boundary Transportation During COVID-19

During the fifth wave of the pandemic in Hong Kong, HKSPA collaborated with the Hong Kong Special Administrative Region government and industry associations to facilitate cross-boundary transportation by sea to ensure Hong Kong was well stocked with fresh vegetables, meat and medical supplies. To facilitate the shipment process, a number of measures were implemented, such as arranging dedicated barge berths and priority inspection processes, and opening a dedicated “Green Channel”, to expedite the cargo handling and inspection procedures.

HKSPA’s efforts during the pandemic played an important role in contributing to a reliable and efficient global logistics chain, further cementing Hong Kong as an international maritime centre.

March 2023 – HPH Trust Implements 5G Technology – Becoming Hong Kong’s First 5G-operated Terminals

HPH Trust deploys 5G technology at the container terminals under its Hong Kong operations – the first container terminals to become 5G-operated in Hong Kong, setting industry benchmarks for innovation and technology.

Working with 3HK, five 5G base stations have been set up within HPH Trust Hong Kong terminals enabling ultra-high-speed, low latency and massive machine-type communications, which translate into greater remote execution capabilities, more connected devices and the possibility to implement virtual private real-time networks.

The terminals are running three pilot projects including building a secure and reliable communications channel via 5G to control remote rubber-tyred gantry cranes (RTGCs) and a CCTV system with Artificial Intelligence (AI) intrusion detection features at the gatehouse to strengthen the terminals’ security since late 2022; and another CCTV system on quay cranes (QCs) to monitor berth traffic and operations on vessels in the second quarter of this year. These projects are expected to result in reduced operating costs, improved accuracy, safety performance and operational efficiency. They were kickstarted with the funding from the “Subsidy Scheme of Encouraging Early Deployment of 5G” by the Office of the Communications Authority.

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