Modern Terminals Limited
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Modern Terminals Limited 現代貨箱碼頭有限公司 |
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Type | Privately held company |
Founded | 1969 |
Headquarters | Hong Kong, China |
Area served | Hong Kong |
Key people | Chairman: Mr. Stephen Ng[1] CEO: Mr. Sean A. Kelly[2] |
Industry | Container port operator |
Parent | The Wharf (Holdings) |
Website | Modern Terminals Limited |
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]
MTL was the subsidiary of Swire Pacific until Swire Pacific sold all the shares of MTL to the Wharf (Holdings) and China Merchants Holdings in 2003.[5] It is now the subsidiary of Wharf (Holdings) and its shareholders are Wharf (Holdings), China Merchants Holdings and Jebsen Securities.[6]