OPPORTUNITY (Issue 17) | Hutchison Ports

In issue 17 we cover a range of sustainability initiatives including the adoption of latest green technology and investment across the Hutchison Ports network to meet net-zero targets; and highlights to new projects in the Middle East and Africa, and Asia.

How is big data the new driving force behind the shipping industry’s goals to reduce emissions. We also look at how seaports influence the sea-land mode to extend their reach to their hinterlands; and a review to the new manufacturing hubs of the future.

GMD UPFRONT MESSAGE

As the world redoubles its efforts to reduce emissions, we at Hutchison Ports have a vital role to play in the world’s mission to achieve a net-zero future. It is time for us to turn commitments into action as we make good progress transitioning to green technology and adopting sustainable practises throughout our global network.

HUTCHISON PORTS GREEN INITIATIVES GAIN MOMENTUM

Hutchison Ports is committed to developing a decarbonisation strategy across the group to support its sustainable business operations. Globally, public and private organisations are working together to mitigate the consequences of climate change.

GROUP EXPANDS FOOTPRINT IN EGYPT

Hutchison Ports has announced its investment in Ain Sokhna Port, Egypt’s major port, and B100, a new container terminal in the Port of Alexandria.

SPARK AND HUTCHISON PORTS JOIN HANDS TO DEVELOP A DRY PORT AND BONDED LOGISTICS ZONE

Hutchison Ports has signed a concession agreement to manage and operate King Salman Energy Park’s (SPARK) dry port and bonded logistics zone (“Dry Port”) in Saudi Arabia. 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.

BOLUDA TOWAGE EXPANDS PRESENCE IN ASIA THROUGH STRATEGIC INVESTMENT IN HONGKONG SALVAGE AND TOWAGE SERVICES

Boluda Towage, the world’s largest tugboat operator, has announced its strategic investment in Hongkong Salvage and Towage Services Limited (“HKSTS”), a new joint venture formed as a member of CK Hutchison Holdings.

DATA DRIVING A NEW PATH TO DECARBONISATION

In the drive towards a green supply chain, much emphasis has been placed on the use of green fuels including hydrogen, ammonia and methanol to be the main drivers in reducing emissions and meeting mandated global targets. Supply chain decarbonisation refers to reducing CO2 emissions by establishing a net-zero carbon supply chain. Decarbonisation is part of a company’s overall sustainability performance, which has become a key priority following the United Nations’ Sustainable Development Goals.

SUPPLY CHAIN RELOCATION GATHERS PACE

The global pandemic forced a major reset in thinking by manufacturers, as for the first time since the second world war, supply chains were stretched and transportation systems were temporarily dislocated due to lockdowns, shortage of staff and port closures.

PORTS BUILDING INLAND NETWORKS

With rising container volumes at seaports forecast for the years ahead, congestion is likely to increase for both exports and imports. To accommodate growing global trade, transport development is gradually moving to an inland port model. The complexity of modern freight distribution, the increased focus on intermodal and co-modal transport solutions and capacity issues appears to be the main drivers behind a renewed focus on hinterland logistics as the next step in regional freight planning.

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