Consolidated Case of the Strike in HIT
Hong Kong International Terminals (HIT) is owned by Hutchison Port Holdings Trust (HPH Trust), the subsidiary of Hutchison Whampoa established to consolidate the terminal businesses for public listing in Singapore. HPH Trust owns Hong Kong International Terminals (HIT), Asia Container Terminals (ACT), COSCO-HIT and Yantian International Container Terminals (Shenzhen, China). At Kwai Tsing Container Terminal, HIT owns Terminals 4, 6, 7 and 9, ACT and COSCO-HIT own Terminals 8. HIT and COSCO-HIT shared more than half (45.86% and 7.28%) of the THEU of the Kwai Tsing terminal in 2012. Collectively, HIT and COSCO-HIT serve around 216 weekly shipping lines services (by trade routes).