News Release

28th November 2005

HIT Unveils 90 Millionth Container


[28 November 2005 – Hong Kong] Hongkong International Terminals (HIT) today celebrated its continued success as it unveiled its 90 millionth container.

The quayside celebration was attended by senior executives from HIT and Hanjin Shipping. Mr. Eric Ip, Managing Director of HIT and Mr. J.W. Park, President and CEO of Hanjin Shipping, officiated at this landmark event.

Mr. Eric Ip said, “We take great pride in our achievement of handling the 90 millionth container, and are delighted to be celebrating this momentous occasion with Hanjin Shipping. Today not only marks yet another milestone for HIT, but it is also a testament of our relentless pursuit to provide the highest level of service to our customers.” He further added, “Through our ongoing efforts to engage in an even closer working relationship with Hanjin Shipping, and indeed all our customers, we are able to create innovative business solutions, which allow us to continue to excel in this increasingly competitive environment.”

Mr. J.W. Park said, “Hanjin Shipping utilises HPH’s network of ports throughout the world and, as such, has created a long-term partnership with HPH. With so many new factors in the shipping industry, such as new alliance partnerships and deployment of mega carriers, we look forward to solidifying partnerships that we have come to trust and work with, like the one we have with HIT.”

As one of the world’s leading container terminal operators, HIT continues to strive for operational excellence. Earlier this year, HIT launched the award-winning Next Generation Terminal Management System (nGen), which delivers a seamless integrated service, ensuring even shorter turnaround times.