Hanseatic Global Terminals (HGT) has signed a term sheet outlining the key conditions for the planned acquisition of a 20 percent stake in Eurogate Container Terminal Hamburg (CTH), marking another step in the company’s strategy to expand its terminal portfolio across Europe. The agreement also includes plans to increase HGT’s ownership in the TC3 container terminal at the Port of Tangier, Morocco, from 10 percent to 20 percent.
The proposed transaction remains subject to the negotiation and execution of definitive agreements, as well as the necessary regulatory approvals.
Eurogate Container Terminal Hamburg is one of the Port of Hamburg’s primary container handling facilities, with an annual throughput capacity of approximately 2.5 million twenty-foot equivalent units (TEU). Planned investments in the terminal’s western expansion and automation initiatives are expected to enhance operational efficiency while increasing handling capacity.
According to Dheeraj Bhatia, CEO of Hanseatic Global Terminals, the agreement represents another milestone in strengthening the company’s European terminal portfolio. He said the partnership is intended to support the continued development of efficient, future-ready terminal infrastructure that benefits customers, ports, and global trade.
Michael Blach, chairman of the Group Management Board of Eurogate, highlighted the long-standing relationship between Eurogate and Hapag-Lloyd, noting that the collaboration with Hanseatic Global Terminals is expected to further develop CTH as a key logistics hub in Northern Europe. He added that ongoing modernization, digitalisation, increased automation, and the electrification of cargo handling processes will help improve terminal performance while advancing its environmental sustainability.
In addition to the planned investment in CTH, Hanseatic Global Terminals already holds an ownership stake in Container Terminal Altenwerder, also located in the Port of Hamburg. The latest investment further reinforces the Hapag-Lloyd Group’s long-term commitment to Hamburg as a strategic hub within its global shipping network.
Founded in 2023, Hanseatic Global Terminals operates as an independent business unit within the Hapag-Lloyd Group, focusing on terminal investments and infrastructure development. The company has set a goal of expanding its global portfolio to approximately 30 terminal stakes by 2030 as it works toward becoming one of the world’s leading terminal operators.
The transaction is expected to close following the completion of binding agreements and receipt of all required regulatory and governmental approvals.
For more information visit www.hanseaticglobalterminals.com
