Hactl, CKS join forces to further tap Pearl River Delta cargo

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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.

CKS_MoU
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.

Following the signing of the MoU, CKS and Hactl will form a working group whose first task will be to conduct a feasibility study focusing on opportunities within Hactl’s existing air cargo business in HKIA, and CKS’ logistics business in Hong Kong and the PRD region.

“This MoU with HDHL provides us with a welcome opportunity to work more closely with the leading force in air cargo handling in Hong Kong,” said Xiong Gebing, chairman and managing director of CKS. “This new agreement will see us diversify and develop our group’s logistics activities, while helping to underpin the status of Hong Kong International Airport as the world’s largest air cargo hub.”

HDHL chairman, Mark Whitehead, added: “We are delighted to join forces with such a strong and professional partner, and are greatly excited by the many potential opportunities to expand our respective activities and geographic coverage.

“We are open to all forms of cooperation with CKS related to air cargo operations in the PRD region, and the collaboration could involve Hactl, Hacis, HDHL or all three companies.”