Hong Kong drops out of world's top 10 busiest container ports
Hong Kong fell out of the world’s top 10 container ports last year, for the ...
Is Hutchison Port Holdings Trust (HPHT) on the way to snatching victory from the jaws of defeat?
That’s a totally fair question.
And a very reasonable answer is a resounding yes.
Background
The 2011 Hutchison announcement that it would hive off its Hong Kong and Pearl River Delta terminals and list them as a trust on the Singapore Exchange – a major capital markets highlight then – raised quite a few eyebrows in the Lloyd’s List newsroom (where this correspondent worked at the time).
The editor, the late ...
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