Who owns HPH?: Hutchison Port Holdings is the ports section of a conglomerate based in Hong Kong. It’s called Hutchison Whampoa Ltd and controlled by a billionaire named Li Ka-Shing.
Where does HPH operate?: HPH operates in around 50 ports in 25 countries including China, Hong Kong, Holland, UK and parts of South America and the Caribbean.
For every 100 containers that are moved globally, 14 go through a HPH terminal.
Profit: HPH made an operating profit of USD$50,000 for every worker in 2010, or a total of $1.5 billion. That was 11% higher than 2009.
Headquarters location: Kwai Chung, Hong Kong
Expansion plans:
HPH is reportedly interested in acquiring ports in ‘prime locations’ where the ‘price is right’.
China: In January 2011 HPH increased it’s stake in the Yantian Port from 48% to 53.4% and in Hong Kong from 66.5% to 76.5%.
Sweden: The Swedish Court of Appeal has given the go ahead to the construction of a new container port 30 kilometres from Stockholm which is set to be managed by HPH.
East Africa: HPH is among bidders to operate an EU funded port owned by the governments of Ethiopia and Somaliland.
Other info: Since 2006 PSA has owned a 20% stake in HPH and it looks like the two companies try to avoid direct competition.
http://www.hutchison-whampoa.com/eng/ports/overview.htm
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