MISSION
To be the preferred partner for world-class terminal and supply chain services, building global connectivity for the sustainable development of local economies and the improvement of people's well-being.
Message from
Group Managing Director
It was an extremely challenging year for the maritime and port industry in 2023 as world trade remained soft with limited growth in the world’s largest economies after the pandemic. High interest rates and inflation have been impacting consumer confidence, and their disposable income and spending pattern. In addition, geopolitical tensions in various locations have brought uncertainties to the global container trade and are impacting cargo volumes in and out of China. Industry analysts are forecasting a low single-digit growth in global container trade in 2024. Though still positive, the expected growth is lower than the average of the previous ten years.
- Be recognised for delivering world-class services through our Brand Promises so that profitable business is acquired and retained
- Foster a culture of ambition and social responsibility where our talented people can grow, excel and succeed
- Continuously strive for operational excellence and improved financial performance by leveraging technological and management system innovation
- Realise economies of scale at China business units to improve operating margins and position for future expansion
- Build our China base and expand internationally by building government and private sector partnerships
- Partnership for Value - We understand your business drivers and work together with you to create value for both of us
- Customer-driven Innovation - We collaborate with you to develop creative ideas and deliver outcomes that benefit your business
- Operational Excellence - We deliver world-class services, using best practice to continuously raise our metrics while managing exceptions professionally
- Accountability - We are accountable for our decisions, actions and results by being dedicated and pro-active in undertaking our work
- Trust - We earn the trust of our colleagues, customers and business partners by respecting one another and conducting ourselves with integrity
- Teamwork - We work together in highly effective teams towards common goals by leveraging our differences and strengths
- Work Life Fulfillment - We take pride in being part of the company because we feel engaged and motivated to achieve, gaining satisfaction from our contribution in a trusting and supportive environment.
KEY HISTORICAL MILESTONES
A progressive company
with a proud heritage
Modern Terminals owns and operates seven container berths and three barge berths in Hong Kong at Terminals 1, 2, 5 and 9 (South). Terminals 1, 2 and 5 are located in Kwai Chung, whereas Terminal 9 is located across the harbour on Tsing Yi Island. Between them, our terminals cover a total area of 92.61 hectares and have an annual capacity of 7 million TEUs.
Please click the year on the left to view the milestone details.
Modern Terminals Limited celebrates its 50th anniversary of operations in Hong Kong. In the past 50 years, Modern Terminals has handled over 140 million TEUs at its facilities in Hong Kong.
Modern Terminals announced its sustainability strategy with long-term goals for all its five sustainability pillars. It aims to eliminate direct greenhouse gas (GHG) emissions in its own operations by 2030, and to become carbon neutral by 2050.
Modern Terminals together with three other terminal operators formed the Hong Kong Seaport Alliance.
Modern Terminals celebrated the arrival of our 100 millionth containers.
Modern Terminals started operations at Terminal 9 (South).
Modern Terminals took over Terminal 2.
Modern Terminals started operations at Terminal 5.
Modern Terminals started operations at Terminal 1.
HONG KONG SEAPORT ALLIANCE
Pursuant to the decision of the Hong Kong Competition Commission adopted on 30 October 2020, Modern Terminals hereby publish the Commitments made together with the other members of the Hong Kong Seaport Alliance effective from 30 October 2020: