The world’s fifth-largest container line secures a minority stake in Germany’s second-busiest box hub as part of a $2.7 billion expansion plan.
Hapag-Lloyd’s subsidiary Hanseatic Global Terminals signed a term sheet to acquire a 20% stake in Eurogate Container Terminal Hamburg, the Port of Hamburg’s second-largest container hub. The deal remains subject to final binding agreements, with no financial terms disclosed.
Eurogate handled 1.13 million TEUs in the first half of 2025, trailing Hamburg’s combined HHLA terminals at 4.29 million TEUs. The port’s total volume reached 8.3 million TEUs last year, ranking third in Europe. Plans include a $2.7 billion investment to expand capacity from 4 million to 6 million TEUs.
Hanseatic Global Terminals CEO Dheeraj Bhatia called the agreement a step toward strengthening Europe’s terminal infrastructure. Eurogate Chairman Michael Blach highlighted Hapag-Lloyd’s long-standing partnership with the group.