Hutchison Port Holdings, the Chinese owner of Amsterdam’s container terminal ACT, has sacked 11 of the 12-strong management team, the Financieele Dagblad reports on Friday.

The terminal has been without any contracts since the beginning of the year. Only the operational manager is being retained, to ensure the terminal can start up quickly if a new tenant is found, the paper states.
The ACT terminal, formerly known as Ceres, was developed by the city council some 10 years ago and has never operated according to city council projections. The council put at least €128m into the project.
Hutchinson Port Holdings, part of the Whampoa group, bought a majority stake in Ceres in December 2008.