The Group's logistics segment comprises primarily Modern Terminals and Hong Kong Air Cargo Terminals, key components in Hong Kong's success as a hub for international trade and international transportation for decades.
The Group owns 67.6% of Modern Terminals, a leading operator of world-class container terminal services in the South China region. Modern Terminals was established in 1969. It built Hong Kong's first purpose-built container terminal in 1972. Modern Terminals' operations in Kwai Tsing are spreading over Container Terminals 1, 2, 5 and 9, with a total handling capacity of seven million TEUs.
Modern Terminals is recognised as a customer-focused service provider. Apart from Hong Kong Port, Modern Terminals holds the majority shares in and operates Dachan Bay Terminals in the Pearl River Delta. It also holds equity stakes at Shekou Container Terminals and Chiwan Container Terminal in Shenzhen.
Hong Kong Air Cargo Terminals
Hong Kong Air Cargo Terminals Limited ("HACTL") became a 20.8% associate of the Group in May 2010. It is one of the world's leading air cargo terminals with the unique world-class facilities, highly efficient operation, and innovative technology. Located at the Hong Kong International Airport, one of the world's busiest airports for international cargo, HACTL has played a key role in enhancing Hong Kong's position as the international air cargo hub and gateway to China.