The aim is to better accommodate the need of shipping alliances and optimize utilization of the terminal facilities and cost synergies, taking into account the changing dynamics of the shipping industry, in particular with the formation of strategic alliances and the growing use of mega vessels. Asia Container Terminals , COSCO-HIT Terminals , Hongkong International Terminals and Modern Terminals have signed a Hong Kong Seaport Joint Operating Hongkong International Terminals and Modern Terminals agreement to improve the management and operation of the territory's Hong Kong port. The four companies will collaborate on 23 berths across terminals one through nine , excluding three , of Kwai Tsing , Hong Kong in Kwai Tsing . The Alliance will begin phasing in operations during 2019 , while the use of a common terminal operating system aims to increase berth and yard planning flexibility, as well as maximise terminal facilities and cost synergies, while accommodating larger vessels used by shipping alliances.
Asia Container Terminals , COSCO-HIT Terminals , Hongkong International Terminals and Modern Terminals have signed a Hong Kong Seaport Joint Operating Hongkong International Terminals and Modern Terminals agreement to improve the management and operation of the territory's Hong Kong port. The four companies will collaborate on 23 berths across terminals one through nine , excluding three , of Kwai Tsing , Hong Kong in Kwai Tsing . The Alliance will begin phasing in operations during 2019 , while the use of a common terminal operating system aims to increase berth and yard planning flexibility, as well as maximise terminal facilities and cost synergies, while accommodating larger vessels used by shipping alliances.