Modern Terminals Limited (Modern Terminals or MTL), is the second largest container terminal

Container terminal

A container 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...

 operator in Hong Kong

Hong Kong

Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

, just after Hongkong International Terminals Limited. It operates terminal 1, 2, 5 and 9 (South) in Kwai Tsing Container Terminals

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 evolves from 4 berths of Kwai Chung Container Port completed in 1970s. It later expanded with two berths in 1980s...

 in Hong Kong, and also sets up joint-venture in container terminals in Shenzhen

Shenzhen

Shenzhen is a major city in the south of Southern China's Guangdong Province, situated immediately north of Hong Kong. The area became China's first—and one of the most successful—Special Economic Zones...

, Guangdong

Guangdong

Guangdong is a province on the South China Sea coast of the People's Republic of China. The province was previously often written with the alternative English name Kwangtung Province...

 and Taicang

Taicang

Taicang is a coastal city in Jiangsu Province of People's Republic of China. It is approximately to the northwest of Shanghai, and to the east of Suzhou. It is a county level city under jurisdiction of Suzhou prefecture level city. In 2008, the registered population was at 466,300, and total GDP...

, Jiangsu

Jiangsu

' is a province of the People's Republic of China, located along the east coast of the country. The name comes from jiang, short for the city of Jiangning , and su, for the city of Suzhou. The abbreviation for this province is "苏" , the second character of its name...

 in Mainland China

Mainland China

Mainland China, the Chinese mainland or simply the mainland, is a geopolitical term that refers to the area under the jurisdiction of the People's Republic of China . According to the Taipei-based Mainland Affairs Council, the term excludes the PRC Special Administrative Regions of Hong Kong and...

.

In 1990s, the major shareholder were the Wharf (Holdings)

The Wharf (Holdings)

The Wharf Limited , or Wharf in short, is a company founded in 1886 in Hong Kong. As its name suggests, the company's original business was in running wharfage and dockside warehousing, and it was originally known as The Hongkong and Kowloon Wharf and Godown Company, Limited...

, China Merchants Holdings (International), Swire Pacific.

Swire Pacific sold all the shares of MTL to the Wharf (Holdings)

The Wharf (Holdings)

The Wharf Limited , or Wharf in short, is a company founded in 1886 in Hong Kong. As its name suggests, the company's original business was in running wharfage and dockside warehousing, and it was originally known as The Hongkong and Kowloon Wharf and Godown Company, Limited...

 and China Merchants Holdings (International) in 2003. It is now the subsidiary of Wharf (Holdings) and its shareholders are Wharf (Holdings), China Merchants Holdings (International) and Jebsen Securities

Jebsen & Co. Ltd.

Jebsen & Co Ltd. is a marketing and distribution company based and headquartered in Hong Kong. It is the agent for a range of businesses throughout East Asia, including luxury products, beverages, electronic consumer goods, and industrial equipment...

.

External links

• Modern Terminals Limited