Hanseatic Global Terminals (HGT), the terminal and infrastructure arm of the Hapag-Lloyd Group, has signed a term sheet outlining the key conditions for the proposed acquisition of a 20% stake in Eurogate Container Terminal Hamburg (CTH), further strengthening its presence in one of Europe’s leading gateway ports.
As part of the planned transaction, HGT also intends to increase its shareholding in the TC3 container terminal at the Port of Tangier, Morocco, from 10% to 20%, reinforcing its strategic footprint across key international trade corridors.
The transaction remains subject to the negotiation and execution of definitive agreements, as well as the necessary regulatory and competition approvals.
Container Terminal Hamburg is one of the Port of Hamburg’s largest container handling facilities, with an annual handling capacity of 2.5 million TEU. Planned investments in the terminal’s Western Extension project and advanced automation are expected to enhance operational efficiency while increasing overall handling capacity.
Commenting on the development, Dheeraj Bhatia, CEO of Hanseatic Global Terminals, said the agreement represents another significant milestone in strengthening the company’s European terminal portfolio.
“The agreement marks another important step in strengthening our terminal portfolio in Europe. Together with our partners, we aim to support the further development of efficient, future-ready terminal infrastructure that benefits customers, ports, and global trade,” he said.
Michael Blach, Chairman of the Group Management Board of Eurogate, highlighted the long-standing partnership between Eurogate and Hapag-Lloyd, emphasizing that the collaboration will accelerate the modernization of Container Terminal Hamburg.
“Together with strong partners such as Hapag-Lloyd and Hanseatic Global Terminals, we aim to further develop CTH as an important logistics hub in Northern Europe. Through modernization, digitalization, increased automation, and the electrification of cargo handling processes, we want to ensure the terminal remains highly efficient while becoming significantly more climate-friendly,” Blach said.
HGT already holds a stake in Container Terminal Altenwerder at the Port of Hamburg. The planned investment in CTH further reinforces the Hapag-Lloyd Group’s long-term commitment to Hamburg as a strategic hub for global liner shipping and logistics.
Established in 2023, Hanseatic Global Terminals operates as an independent business within the Hapag-Lloyd Group, focusing on terminal investments and infrastructure development. Under its 2030 growth strategy, the company aims to expand its global portfolio to approximately 30 terminal investments, positioning itself among the world’s leading terminal operators.
The proposed acquisition marks another step in HGT’s strategy of building a diversified global terminal network while supporting capacity expansion, digital transformation, and sustainable port operations at key maritime gateways.
