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]

Modern Terminals Limited
現代貨箱碼頭有限公司
TypePrivately held company
IndustryContainer port operator
Founded1969
Headquarters,
Area served
Hong Kong
Key people
Chairman: Stephen Ng[1]
Group Managing Director: Horace Lo[2]
ParentThe Wharf (Holdings)
WebsiteModern Terminals Limited

In 1990s, the major shareholder were the Wharf (Holdings), China Merchants Holdings (International), Swire Pacific.

Swire Pacific sold all the shares of MTL to the Wharf (Holdings) and China Merchants Holdings (International) in 2003.[5] It is now the subsidiary of Wharf (Holdings) and its shareholders are Wharf (Holdings), China Merchants Holdings (International) and Jebsen Securities.[6]

References

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