Port giant Hutchison sees trade war as a risk

The world's largest port and terminal company, Hutchison, has performed nicely in the first half of 2018 with improved revenue and operating profit. But the trade war puts a damper on expectations for the rest of the year.

Photo: Hyundai Merchant Marine

Hong Kong-based Hutchison handled 40 million twenty-foot containers in the first six months of 2018, one percent less than the same period last year, according to the latest report from the major port and terminal company, published as part of Hutchison Group's accounting.

Still, the terminal operator delivered improved key financial figures, as both revenue and operating profit increased. Revenue in port and related services grew 8 percent to HKD 17 billion (USD  2.7 billion) compared to the first half of 2017.

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