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Hutchison Ports, the world’s leading port investor, developer and operator, announced at its 50th anniversary cocktail reception that it has achieved a cumulative global throughput of 1.3 billion TEU – the world’s first operator to have achieved such milestone. If those containers were to be lined up end-to-end, they would go around the earth almost two hundred times.
KA Petra Sdn Bhd (‘’KA Petra’’ or ‘’the Company’’), Malaysia’s pioneer and leading Ship-to-Ship (“STS”) transfer specialist, today signed a Heads of Agreement (“HOA”) with Hutchison Port Holdings Limited (“Hutchison Ports”) as a strategic partner to jointly develop the world’s largest Ship-to-Ship Transfer Hub in Malaysia.
Nine leading ocean carriers and terminal operators today signed a formal statement of intent for a Memorandum of Understanding (MOU) to form a consortium to develop the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology.