Hutchison Ports aims to take half of Thai traffic | Bangkok Post: business - News Summed Up

Hutchison Ports aims to take half of Thai traffic | Bangkok Post: business


Hutchison Ports regional managing director Stephen Ashworth, left, and Anat Machima, senior operation manager at Hutchison Laem Chabang Terminal. Hutchison Ports Thailand, a subsidiary of the Hong Kong-based conglomerate Hutchison Group, already services close to 33% of the country's 8.3 million TEU a year. The company operates terminals A2, A3, C1 and C2 at Laem Chabang commercial port, operating close to the maximum capacity of 2.9 million TEU. Mr Ashworth declined to comment whether the company would bid on the auction of the 141-billion-baht third expansion phase of the Laem Chabang port in October. The megaproject, expected to be in operation by 2025, would expand the port's capacity from 7.7 million TEU to 18.1 million TEU per year, and will include a railway network linked to the port.


Source: Bangkok Post May 09, 2018 01:18 UTC



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