Container terminal operator Modern Terminals Limited has announced the appointment of Mr. Sean A. Kelly as its new Managing Director and CEO, with effect from 1st April 2005. He joined the company in August 1999 as its Deputy Managing Director.

Mr. Kelly has more than 25 years of experience in the transportation industry. Prior to joining Modern Terminals, he was with American President Lines (APL), where he held a number of management positions, including postings in Asia as APL's Managing Director in the Philippines and in Taiwan. The latter position involved direct responsibility for APL’s operations in Hong Kong and China. In his last position for APL, he had global responsibility as Vice President of Terminal Operations. Mr. Kelly holds a BA in Accounting from the University of Notre Dame, and he has served on a number of international transportation company boards.

Mr. Sean Kelly

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About Modern Terminals Limited

Modern Terminals has been continuously aiming for service excellence ever since it opened Hong Kong's first purpose-built container terminal in September 1972. In 2000, it established ModernPorts, Hong Kong's first one-stop e-business portal providing a wide range of port-related services for the shipping community. In February 2003, it jointly established OnePort Limited with other terminal operators to improve the efficiency of business processes in the Hong Kong Port through an open, secure and neutral platform for exchanging electronic information. In 2002, Modern Terminals launched the PRD Inland Gate, a unique network of dedicated daily feeder services that provide a faster, more efficient, cost-effective and reliable means of moving containers between Hong Kong Container Port and major manufacturing centres in the Pearl River Delta. Apart from optimizing its core business in Hong Kong Port, Modern Terminals has also been actively expanding into China in recent years. For more information, please visit www.ModernTerminals.com.

Issued by Modern Terminals Limited

For further information, please contact:
Joel Cheung, Corporate Affairs Manager
Tel: +852 2115 3640
Email: cad@ModernTerminals.com