Hutchison Port Holdings (HPH) Trust is developing its Container Terminal 8 West to receive the new generation mega vessels, including the 19,000 TEU vessels scheduled for delivery in November.
By investing in partnerships with COSCO Pacific and China Shipping Terminal Development Company (CSTD), the aim is to further develop the port into a long-term transshipment hub.
HPH Trust subsidiary Asia Container Terminals Holdings (ACT) and its group companies have received investment of more than HK$2bn (over US$200m) through the acquisition sale, to help develop ACT’s Container Terminal 8 West at KwaiChungPort, Hong Kong.