Asia Container Terminals

HIT introduces remote reefer monitoring

Hongkong International Terminals (HIT), part of the CK Hutchison conglomerate, has launched a 24-hour automated remote reefer container monitoring and management system with the aim of capturing the growing business opportunities in the cold chain logistics market.

Market research website, MarketandMarkets.com estimates the global cold chain market size was valued at US$233.8 billion in 2020 and is projected to reach US$340.3 billion by 2025, as demand for reefers is expected to grow.

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https://container-news.com/hit-introduces-remote-reefer-monitoring/

Shipper hackles rise as Hong Kong box terminals announce operating alliance

A new alliance of four Hong Kong major container terminal operators has been slammed as anti-competitive by local shippers.
The Hong Kong Seaport Joint Operating Alliance Agreement (HKSPA), announced yesterday, sees Cosco Shipping Ports team up with Asia Container Terminals, Hongkong International Terminals and Modern Terminals.
According to Cosco, the four companies will collaborate on the management and operation of 23 berths across Hong Kong’s Kwai Tsing terminals, with the aim of …

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https://theloadstar.co.uk/shipper-hackles-rise-as-hong-kong-box-terminals-announce-operating-alliance/

COSCO, HIT, ACT & MTL enter into a Hong Kong Seaport agreement

Enhance competitiveness of the Terminals
Further strengthen Hong Kong as an International Shipping Hub

Hong Kong – 9 January 2019 – COSCO SHIPPING Ports Limited (”COSCO SHIPPING Ports” or “CSP”) today announced that COSCO-HIT Terminals (Hong Kong) Limited (“CHT”), Asia Container Terminals Limited (“ACT”), Hongkong International Terminals Limited (“HIT”) and Modern Terminals Limited (“MTL”) entered into a Hong Kong Seaport Joint Operating Alliance Agreement. The four companies will collaborate...

http://container-news.com/cosco-hit-mtl-hong-kong-seaport-agreement/

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