News Release

3rd November 2005

Hutchison Sets New Productivity Record HBCT Records 260 Boxes Per Hour


[3 November 2005 – Korea] On 28 October, Hutchison Port Holdings’ (HPH) Group member port, Hutchison Busan Container Terminal (HBCT), operated by Hutchison Korea Terminals (HKT), achieved a Korean stevedoring productivity record when it moved 260 boxes in an hour from the vessel, KMTC Shanghai.

This achievement surpassed HBCT’s past record of 182 boxes obtained in June this year, through the deployment of four quay cranes with twin-lifting* capabilities.

Commenting on HBCT’s new record, Mr Raymond Law, Managing Director for HPH’s operations in Korea, Middle East and Africa, said, “We are pleased with HBCT’s latest productivity achievement. This clearly reflects our determination to streamline our operations and maximise the capacity of our facilities through the deployment of cutting-edge technologies and state-of-the-art equipment.” He further added, “We are committed to enhancing the competitiveness of our port operations through the adoption of innovative business solutions to strengthen our operational capabilities and efficiencies. We are able to realise the full potential of our Korean ports in our efforts to become the region’s preferred ports of call.”

As a member of the HPH Group, HKT has benefited from the Group’s continuous efforts to improve terminal productivity and operational efficiency through the deployment of innovative service- enhancing technologies and best practices. These contributions can be systematically attributed to the increased competitiveness of the ports of Busan and Gwangyang, which are strategically located to take advantage of the major East/West trade routes.