Hanseatic Global Terminals to Acquire Stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT), part of the Hapag-Lloyd Group, has signed a term sheet for acquiring a 20% stake in Eurogate Container Terminal Hamburg (CTH). This move aims to strengthen its terminal portfolio in Europe. The CTH, a major container handling facility at the Port of Hamburg, boasts an annual capacity of 2.5 million TEU. Future investments in its automation and expansion are anticipated to enhance operational efficiency.

This acquisition reflects a strong commitment to Hamburg, emphasizing its crucial role in global liner shipping. Additionally, HGT plans to double its stake at Tangier's TC3 terminal from 10% to 20%. The finalization of these deals is contingent upon regulatory approval and completion of binding agreements.

Since its inception in 2023, HGT has managed a diverse global terminal portfolio. The intended stake acquisition in CTH underlines its strategic expansion plan, aiming to become a leading global terminal operator by 2030.