HONG KONG's Hutchison Port Holdings (HPH), one of the world's largest port operators, has sacked the entire management team at its Ceres Paragon terminal in Amsterdam, leaving only the group's operations manager in place.

The move was largely prompted by slow business at the one million-TEU-capacity-terminal, which, since HPH acquired it as part of a share swap deal in December 2008, has struggled to attract new customers, or even retain its existing ones, Port Strategy reported.



NYK Line, the terminal's previous owner, remains its only customer. Ceres Paragon's throughput last year was halved to just 200,000 TEU.