SPARK & HUTCHISON PORTS SIGN A CONCESSION AGREEMENT TO DEVELOP A DRY PORT & BONDED LOGISTICS ZONE AREA IN THE WORLD’S MOST LEADING MEGA ENERGY HUBS IN SAUDI ARABIA
King Salman Energy Park (“SPARK”) and Hutchison Ports are pleased to announce the signing of the concession agreement to manage and operate SPARK’s dry port and bonded logistics zone (“Dry Port”). The concession was awarded to a newly established joint venture, Energy City Logistics Company (“ECLC”), between SPARK and Colour Path Holdings Limited, a Hutchison Ports company. A signing ceremony was held to commemorate the special occasion, and it was attended by senior management from both companies....
Boluda Towage Expands Presence in Asia through Strategic Investment in Hongkong Salvage & Towage Services
Boluda Towage (“Boluda”), the world's largest tugboat operator, announces its strategic investment in Hongkong Salvage and Towage Services Limited (“HKSTS”), a new joint venture formed as a member of CK Hutchison Holdings. HKSTS’ principal services include salvage and towage and marine project management business. Through this collaboration, Boluda will be able to expand its business portfolio into Asia and enhance HKSTS service offerings of salvage and towage services, benefiting both companies, business customers and the maritime industry....
Port of Felixstowe and Westwell Agree Deal for 100 Autonomous Trucks
Port of Felixstowe, part of the Hutchison Ports’ network, and Shanghai Westwell Technology Co., Ltd (Westwell) have signed an agreement for an additional 100 battery-powered autonomous Q-Trucks. The order follows a tender exercise and a thorough testing and evaluation process. ...
Hutchison Ports commits to setting science-based targets to reach net-zero by 2050
Hutchison Ports is officially committed to setting both near-term and net-zero targets in line with the Science Based Targets initiative’s (SBTi) net-zero standard. We aim to set ambitious emissions reduction targets in line with the latest climate science according to SBTi and reach net-zero greenhouse gas (GHG) emissions by 2050.
Recognising the risks and opportunities associated with climate change, Hutchison Ports is committed to developing a decarbonisation strategy across the Group. A net-zero strategic roadmap has been developed which takes into account the past emissions pattern, future plan on electrification of fleet, adoption of renewable energy and alternative fuel.
Through this commitment, Hutchison Ports also becomes part of the Business Ambition for 1.5°C and Race to Zero campaigns.