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KWAI TSING, HONG KONG
HIT and COSCO-HIT
HIT is operated by HITL, whose issued shares are
100% owned by HPH Trust. Since HIT frst commenced
operations at Kwai Chung in 1976, it has evolved from a
single terminal to encompass 12 berths across Terminals
4, 6, 7 and 9 at Kwai Tsing Port, spanning a combined
area of 111 hectares.
COSCO-HIT is operated by CHT, which is a 50-50 joint
venture formed in 1991 between HIT Holdings Limited,
an indirect wholly-owned subsidiary of HPH Trust, and
COSCO Pacifc Limited and became fully operational in
1994. It is currently made up of two container berths at
Terminal 8 at Kwai Tsing Port. The combined area spans
30 hectares.
Due to Hong Kong’s freeport status and strategic
geographic location, Hong Kong has transformed from
an origin and destination (“O&D”) port into a key
transshipment hub. HIT and COSCO-HIT’s core service
is in handling transshipment cargo. HIT handled its
10 millionth TEU and 100 millionth TEU in 1988 and
2006, respectively.
Around 1,800 employees and 3,000 contract workers run
the day-to-day operations in HIT and COSCO-HIT.
HIT has won numerous industry accolades over the years.
Details of these awards are set out on page 30 of the
Annual Report.
14 // HUTCHISON PORT HOLDINGS TRUST
12,000
10,000
8,000
6,000
4,000
2,000
0
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
HIT and COSCO-HIT throughput YICT throughput
Throughput
(TEU in thousands)
Portfolio Overview
HIT and COSCO-HIT YICT
Location Kwai Tsing, Hong Kong Shenzhen, PRC
In Operation Under Construction
Container berths 14 16 3
Total area (ha) 141 373 44
Throughput in 2011
(TEU in thousands) 11,657 10,264
Note:
The published statistics from the Hong Kong Marine Department for the total of local and transshipment throughput incorporate liftings to or from
oceangoing vessels and containers received from or delivered to ports located within the river trade zone (as defned by the Hong Kong Marine
Department) by water-borne traffc, i.e. traffc to and from the Pearl River Delta via barges. The published statistics are not directly comparable to
throughput fgures of HIT and COSCO-HIT shown in the above table. From 2009 onwards, the HIT and COSCO-HIT fgures include volumes in relation
to lighterwork and the water-borne traffc so as to make the fgures more comparable to statistics used by the industry