Hutchison Port Holdings Trust (HPH Trust) and Guangxi Beibu Gulf International Port Group Company Limited (Beibu Gulf Port Group) have signed a memorandum of cooperation, marking a step towards strengthening collaboration across ports and logistics sectors, while promoting economic and trade exchanges between Guangxi and Hong Kong.
This partnership is set to expedite the growth of the Guangdong-Hong Kong-Macao Greater Bay Area and the Beibu Gulf economic zone.
The agreement was signed in the...
Hutchison Port Holdings Trust (HPH Trust) and Guangxi Beibu Gulf International Port Group Company Limited (Beibu Gulf Port Group) have signed a memorandum of cooperation, marking a significant step towards enhancing collaboration in the ports and logistics sectors, while promoting economic and trade exchanges between Guangxi and Hong Kong.
This pivotal partnership aims to accelerate the growth of the Guangdong-Hong Kong-Macao Greater Bay Area and the Beibu Gulf economic zone.
The memorandum was...
https://container-news.com/hph-trust-and-beibu-gulf-port-group-sign-landmark-cooperation-agreement/
Hutchison Port Holdings Trust (HPH Trust) announced the implementation of 5G technology at its Hong Kong container terminals, making them the first 5G-operated box terminals in the country.
According to the announcement, five 5G base stations have been installed within HPH Trust Hong Kong terminals in collaboration with CK Hutchison’s telecommunications and internet service provider 3HK, enabling ultra-high-speed, low-latency, and massive machine-type communications, resulting in increased...
https://container-news.com/hph-trust-implements-5g-technology-at-its-hong-kong-container-terminals/
Hutchison Port Holdings Trust saw its net profit rocket 141% year-on-year in the first half of the year to US$210.5 million as Yantian International Container Terminal’s (YICT) throughput increased by 21% compared to the same period in 2020, primarily driven by the increase in the US, EU, empty and transshipment cargoes.
The Singapore-listed trust, which has terminals in Hong Kong and southern China in its portfolio, said on 26 July that average revenue per TEU also increased, mainly because of...
https://container-news.com/hph-trust-profit-skyrockets-in-2021-first-half/
The volume of outbound cargoes to the US is expected to be volatile for this year as the US-China trade dispute continue.
Container port business Hutchison Port Holdings Trust (HPH Trust) is expected to announce its second quarter results ended June 30, 2019 next Wednesday (24 July, 2019), after the market closes.
The Singapore Exchange-listed trust owns interests in deep-water container port assets located in two of the world’s busiest container port cities by throughput: Kwai Tsing, Hong Kong...
https://container-news.com/us-china-trade-war-challenges-hph-trust/