Hanseatic Global Terminals to acquire 20% stake in Eurogate Container Terminal Hamburg
- 5 hours ago
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Hanseatic Global Terminals (HGT), the terminal and infrastructure division of Hapag-Lloyd, has signed a term sheet to acquire a 20% stake in Eurogate Container Terminal Hamburg (CTH), further expanding its presence in one of Europe's most important container hubs. The transaction remains subject to final agreements and regulatory approvals.
The planned investment also includes increasing HGT's share in the TC3 container terminal at Morocco's Port of Tangier from 10% to 20%, reinforcing the company's strategy of building a broader international terminal portfolio.
Focus on long-term terminal development
Eurogate Container Terminal Hamburg is one of the Port of Hamburg's major container facilities, with an annual handling capacity of approximately 2.5 million TEU. Planned investments in terminal expansion and automation are expected to improve handling efficiency and increase future capacity, supporting growing cargo volumes in Northern Europe.
According to HGT CEO Dheeraj Bhatia, the agreement represents another step in strengthening the company's European terminal portfolio and supporting the development of modern port infrastructure for customers and global trade. Eurogate Chairman Michael Blach added that the partnership will help modernise the Hamburg terminal through increased automation, digitalisation and more sustainable cargo handling technologies.
Expanding the global terminal network
The planned acquisition complements HGT's existing investments in port infrastructure. The company already holds a stake in Container Terminal Altenwerder in Hamburg and has recently expanded its portfolio through investments in Brazil and other international terminals.
Established as an independent business unit within the Hapag-Lloyd Group, Hanseatic Global Terminals currently manages interests in terminals across several regions and aims to increase its portfolio to around 30 terminal investments by 2030. The latest move underlines Hapag-Lloyd's long-term commitment to strengthening its infrastructure network while supporting the growth of the Port of Hamburg as a key gateway for global container trade.
Image source: hapag-lloyd.com
