Press Releases
Related Topics
Press Releases

Contact Person : Anthony Tam
Group Corporate Affairs
Telephone :852- 2619-7557

HPH endorses the Global Initiative to Combat nuclear terrorism
Thirteen nations already participating in a joint U.S. - Russia initiative
that will strengthen radiation detection capabilities
in the global transportation supply chain

[24 April 2007, Hong Kong] Today, Hutchison Port Holdings (HPH), the world's leading port investor, developer and operator, announced its full endorsement of the Global Initiative to Combat Nuclear Terrorism ("Global Initiative"). This important effort, co-chaired by the governments of the United States and Russia, will leverage public-private partnerships to deter the shipment of nuclear materials and weapons through the global transportation supply chain, especially the maritime shipping network.

"The Global Initiative is a perfect example of how public-private partnerships can make the world's supply chain more safe from the threat of nuclear terrorism," said John Meredith, Group Managing Director of HPH. "The fact that thirteen countries, including Russia, China, the United Kingdom and the United States, are actively working together in this initiative is a testament to its importance," Mr. Meredith added.

Announced in July 2006 by Presidents Bush and Putin, the Global Initiative is the first initiative of its kind, one that takes a comprehensive approach to dealing with all elements of the challenge. The Global Initiative is consistent with, and builds on, existing legal frameworks that will enable sustained international cooperation to prevent, detect, and respond to the threat of nuclear terrorism.

The participants will meet throughout 2007 and 2008 to develop and share best practices and implement measures designed to improve the physical protection of nuclear materials, enhance civilian nuclear facility security, improve the detection capabilities of nuclear materials and promote information sharing among all the participants.

"HPH strongly supports the Global Initiative as it builds on successful public-private programs such as the Secure Freight Initiative and nuclear security measures HPH already has in place in a number of its port facilities around the world," said Gary Gilbert, Senior Vice President - Americas of HPH. "An ongoing public-private sector partnership is essential if the Global Initiative is to meet its stated goals and objectives, and HPH is committed to working in close collaboration with all the participants," Mr. Gilbert added.

The Global Initiative participants will meet again in Kazakhstan in June 2007 to review the progress of Global Initiative activities and expand the level of implementation. The Global Initiative also welcomes new partner nations to the program. Participating countries include: Australia, Canada, China, France, Germany, Italy, Japan, Kazakhstan, Morocco, Russia, Turkey, the United Kingdom and the United States.

- End -

Notes to Editors:

Hutchison Port Holdings (HPH), a subsidiary of the multinational conglomerate Hutchison Whampoa Limited (HWL), is the world's leading port investor, developer and operator with interests in 23 countries throughout Asia, the Middle East, Africa, Europe and the Americas.

Today, HPH operates a total of 257 berths in 45 ports together with a number of transportation related service companies. With industry recognized core competence in the effective and efficient management and operation of ports, the HPH Group handled 59.3 million TEU in 2006.