Hactl, CKS join forces to further tap Pearl River Delta cargo
The objective of the MoU is to explore the joint development of logistics links and infrastructure in and around Hong Kong International Airport and the Pearl River Delta region, supporting the air cargo sector.
February 3, 2016
By PLA Editor
Aiming to further tap the Pearl River Delta region, HACTL Development Holdings Ltd (HDHL) – the business development arm of the Hong Kong Air Cargo Terminal Ltd (Hactl) Group – has entered into a unique cargo logistics agreement with Chu Kong Shipping Enterprises (CKS).
The objective of the Memorandam of Understanding (MoU) is to explore the joint development of logistics links and infrastructure in and around Hong Kong International Airport and the Pearl River Delta region, supporting the air cargo sector. The cooperation aims to leverage CKS’ comprehensive logistics network, and Hactl’s expertise in operating a world class air cargo terminal.
CKS’ diverse operations include the management of the largest high-speed passenger ferry fleet in Hong Kong and it is also one of the largest inland terminal and logistics operators in the PRD region, with bases covering 20 cities, including Zhaoqing, Qingyuan, Foshan, Guangzhou and Jiangmen. Additionally, it manages and operates several bulk cargo berths in the Hong Kong Public Cargo Working Areas and owns a private wharf in Tuen Mun together with more than twenty cargo terminals in the PRD region, through its subsidiaries.
Hong Kong stock exchange listed CKS and Hactl (through its value added logistics subsidiary, Hacis) have a long history of cooperation as they were formerly partners in Hong Kong’s Marine Cargo Terminal.