Page 37 - ar2013

Growth Strategy
Strengthening its market-leading position and continual
maximisation of unitholder benefts are the Trust's
principal focus points. This is achieved and sustained
through the development of strategies that seek to
provide stable, proftable outcomes that ensure regular
distributions and long-term DPU growth. The following
core growth strategies were thus devised to convey
these objectives, aligning operations and processes
with this shared vision.
Active business and asset management
Bearing in mind the responsibility to stakeholders, the
Trust possesses a long-term strategy that caters for
the timely implementation of various initiatives. These
aim to improve infrastructure and facilities, provide
innovative solutions, offer value-added services to
customers and build long-lasting relationships with
key stakeholders. The enhancement of our throughput
mix, improvement of operational effciency and the
reduction of costs to stay ahead of the competition
ensure that margins are concurrently and consistently
kept within targets.
Risk and capital management
The Trust views the maintenance of an optimal capital
structure as critical to the achievement of our objectives.
Only through balanced management of this can the Trust
aspire to attain the goals and strategies devised, and
to offer unitholders stable returns. By simultaneously
adopting a proactive interest rate management policy,
the Trust is also able to manage risks that arise from
fuctuations in the interest rate environment.
Development and acquisition
Through the selective pursuit of value-enhancing
and third-party acquisition opportunities, the Trust
continues to grow its operations to meet the changing
market dynamics of the industry. Increasing demand
for deep-water ports in the PRD arising from expanding
trade activities and the growing prevalence of mega-
vessels offer promising opportunities for consolidation.
In addition, HPH, the world’s leading port operator, has
a standing agreement with the Trust, granting it certain
rights to participate in, and rights of frst refusal over, any
future deep-water container ports developed or acquired
by HPH in the PRD.
By focusing on a shared
vision and adapting to
accommodate the changing
requirements of the business,
the Trust will be able to
maintain stability and offer
the same reliability it has come
to be recognised for.
Did you know?
The weight of the amount of steel used
to build the terminals at HIT was 20,400
tonnes, which is equivalent to that of 36
fully-loaded Airbus A380s!
Annual Report 2013 35