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Hongkong International Terminals Limited
Hongkong International Terminals Limited (HIT) () operates 12 Berth (moorings), berths in Terminal 4, 6, 7 and 9 (North) of Kwai Tsing Container Terminals and another four at Terminal 8 through a joint venture with COSCO SHIPPING Ports and Asia Container Terminals. HIT is the largest container terminal operator in Hong Kong. HIT is a member of Hutchison Port Holdings Trust, the world's first container port business trust. HIT is also a part of Hutchison Ports' global network of port and logistics operations, and continues to have access to services and resources enjoyed by companies within the Hutchison Ports Group. In 2013, the dock workers 2013 Hong Kong dock strike, went on a strike in the container berths HIT for better pay and working conditions. See also * 2013 Hong Kong dock strike References External links Hongkong International Terminals Limited
Transport in Hong Kong Ports and harbours of Hong Kong Port operating companies Kwai Tsing District Lai King Tsing ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Hong Kong
Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the world. Hong Kong was established as a colony of the British Empire after the Qing dynasty ceded Hong Kong Island in 1841–1842 as a consequence of losing the First Opium War. The colony expanded to the Kowloon Peninsula in 1860 and was further extended when the United Kingdom obtained a 99-year lease of the New Territories in 1898. Hong Kong was occupied by Japan from 1941 to 1945 during World War II. The territory was handed over from the United Kingdom to China in 1997. Hong Kong maintains separate governing and economic systems from that of mainland China under the principle of one country, two systems. Originally a sparsely populated area of farming and fishing villages,. the territory is now one of the world's most signific ...
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Managing Director
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ...
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Container Port
A container port, container terminal, or intermodal terminal is a facility where cargo containers are transshipped between different transport vehicles, for onward transportation. The transshipment may be between container ships and land vehicles, for example trains or trucks, in which case the terminal is described as a ''maritime container port''. Alternatively, the transshipment may be between land vehicles, typically between train and truck, in which case the terminal is described as an ''inland container port''. In November 1932, the first inland container port in the world was opened by the Pennsylvania Railroad company in Enola, Pennsylvania. Port Newark-Elizabeth on the Newark Bay in the Port of New York and New Jersey is considered the world's first maritime container port. On April 26, 1956, the Ideal X was rigged for an experiment to use standardized cargo containers that were stacked and then unloaded to a compatible truck chassis at Port Newark. The conc ...
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Hutchison Port Holdings
Hutchison Port Holdings Limited (HPH; zh, 和記港口集團有限公司), trading as Hutchison Ports ( zh, 和記港口), is a private holding company incorporated in the British Virgin Islands. The port operator group is a subsidiary of CK Hutchison Holdings (formerly Hutchison Whampoa). Some operation of the company were listed as Hutchison Port Holdings Trust in Singapore Exchange. In 2016, the network comprised 48 port operations throughout Asia, the Middle East, Africa, Europe, the Americas and Australasia. History In 2005, HPH was the largest port operator in the world, with a 33.2 million TEU throughput, and 8.3% world market share. In April 2006, Hutchison Whampoa sold a 20% share of Hutchison Port Holdings Limited to PSA International for $US4.4 billion, retaining ownership of the remaining 80%. In 2011, some of the assets was spin-off as a listed company as ; the listed company was incorporated as a business trust under Singapore's Business Trusts Act. In Sep ...
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Berth (moorings)
A berth is a designated location in a port or harbour used for mooring vessels when they are not at sea. Berths provide a vertical front which allows safe and secure mooring that can then facilitate the unloading or loading of cargo or people from vessels. Locations in a port Berth is the term used in ports and harbors for a designated location where a vessel may be moored, usually for the purposes of loading and unloading. Berths are designated by the management of a facility (e.g., port authority, harbor master). Vessels are assigned to berths by these authorities. Most berths are alongside a quay or a jetty (large ports) or a floating dock (small harbors and marinas). Berths are either general or specific to the types of vessel that use them. The size of the berths varies from for a small boat in a marina to over for the largest tankers. The rule of thumb is that the length of a berth should be roughly 10% longer than the longest vessel to be moored at the berth. B ...
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Kwai Tsing Container Terminals
Kwai Tsing Container Terminals is the main port facilities in the reclamation along Rambler Channel between Kwai Chung and Tsing Yi Island, Hong Kong. It evolved from four berths of Kwai Chung Container Port () completed in the 1970s. It later expanded with two berths in the 1980s. Two additional terminals were added adjoining to Stonecutters Island in the 1990s and it was renamed Kwai Chung Container Terminals. In the 2000s, Container Terminal 9 on Tsing Yi Island was completed, and the entire facility was renamed as ''Kwai Tsing Container Terminals''. It has been the eighth-busiest container port in the world since 2019, just after Shanghai, Singapore, Ningbo-Zhoushan, Shenzhen, Guangzhou, Busan and Qingdao. History The Container Committee was appointed by the Governor Sir David Trench on 12 July 1966 to advise the government on the containerisation revolution in cargo handling. In early 1967 the committee declared that Hong Kong had to build the capacity to handle co ...
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2013 Hong Kong Dock Strike
The 2013 Hong Kong dock strike was a 40-day labour strike at the Kwai Tsing Container Terminal. It was called by the Union of Hong Kong Dockers (UHKD), an affiliate of the Hong Kong Confederation of Trade Unions (HKCTU) on 28 March 2013, against contracting companies to whom workforce management had been out-sourced by the Hongkong International Terminals Ltd. (HIT), subsidiary of Hutchison Port Holdings, Hutchison Port Holdings Trust (HPHT), which is in turn owned by Hutchison Whampoa Ltd (HWL), flagship company of Li Ka-shing, Hong Kong's richest man. The strike workers demanded better pay and working conditions. The strike ended on 6 May 2013 when the strikers accepted the offer of 9.8% pay rise. It was the longest running industrial action in Hong Kong in years. Public support and media attention on the strike were unprecedented in the city's history. Some observers marked this as the rejuvenation of political engagement. Demands Earlier before the strike, the dockers demand ...
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Transport In Hong Kong
Hong Kong has a Developed country, highly developed transport network, encompassing both public transport, public and private transport. Based on Hong Kong Government's Travel Characteristics Survey, over 90% of daily journeys are on public transport, the highest rate in the world. However, in 2014 the Transport Advisory Committee, which advises the Government on transportation issues, issued a report on the much-worsened congestion problem in Hong Kong and pointed at the excessive growth of private cars during the past 10–15 years. The Octopus card, a smart electronic money payment system, was introduced in September 1997 to provide an alternative to the traditional banknotes and coins. Available for purchase in every stop of the MTR, Mass Transit Railway system, the Octopus card is a non-touch payment system which allows payment not only for public transport (such as trains, buses, trams, ferries and minibuses), but also at parking meters, convenience stores, supermarkets, ...
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Ports And Harbours Of Hong Kong
Ports collections (or ports trees, or just ports) are the sets of makefiles and Patch (Unix), patches provided by the BSD-based operating systems, FreeBSD, NetBSD, and OpenBSD, as a simple method of installing software or creating binary packages. They are usually the base of a package management system, with ports handling package creation and additional tools managing package removal, upgrade, and other tasks. In addition to the BSDs, a few Linux distributions have implemented similar infrastructure, including Gentoo Linux, Gentoo's Portage (software), Portage, Arch Linux, Arch's Arch Build System, Arch Build System (ABS), CRUX's Ports and Void Linux's Templates. The main advantage of the ports system when compared with a binary distribution model is that the installation can be tuned and optimized according to available resources. For example, the system administrator can easily install a 32 bit version of a package if the 64 bit version is not available or is not optimized for t ...
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Port Operating Companies
A port operator is a port authority or company that contracts with the port authority to move cargo through a port at a contracted minimum level of productivity. They may be state-owned (particularly for port authorities) or privately run. The work involves managing the movement of cargo containers between cargo ships, trucks and freight trains and optimizing the flow of goods through customs to minimize the amount of time a ship spends in port. Maintaining efficiency involves managing and upgrading gantry cranes, berths, waterways, roads, storage facilities, communication equipment, computer system A computer is a machine that can be programmed to automatically carry out sequences of arithmetic or logical operations (''computation''). Modern digital electronic computers can perform generic sets of operations known as ''programs'', wh ...s and dockworkers' union contracts. The port operator also manages paperwork, leases, safety and port security. Largest port opera ...
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Kwai Tsing District
Kwai Tsing is one of the 18 districts of Hong Kong. It consists of two parts - Kwai Chung and Tsing Yi Island. Kwai Tsing is part of the New Territories. It had a population of 520,572 in 2016. The district has the third least educated residents and their income is below average. Kwai Tsing did not exist as a district when Hong Kong's District Boards were formed in the early 1980s; it remained a part of Tsuen Wan District until 1985. The newly created district was known as Kwai Chung and Tsing Yi District () until 1988, when its name was shortened to Kwai Tsing District. The internationally famous container terminals can be found within the district, along the shores of Rambler Channel between Kwai Chung and Tsing Yi Island. The Tsing Ma Bridge, leading to the Hong Kong International Airport through the North Lantau Highway, starts at the northwestern end of Tsing Yi Island. Over 75% of the district residents live in public housing. History In 1669, the Qing dynasty ...
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