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]
External links
References
- The Wharf Holdings - Mr. Stephen Ng retrieved 2008-04-03^
- Modern Terminals Limited - Message from Group Managing Director^
- Modern Terminals in talks on port deal retrieved 2008-04-03^
- Modern Terminals Limited - Equipment List retrieved 2008-04-03^
- SWIRE PACIFIC LIMITED - Sale of shares in Modern Terminals Limited^
- Modern Terminals Limited - History retrieved 2008-04-03^
- Hong Kong's 2nd Largest Terminal Operator Adopts Blockchain retrieved 2025-07-13^