EUROGATE and Hanseatic Global Terminals agree on a strategic partnership at the EUROGATE Container Terminal in Hamburg

EUROGATE GmbH & Co. KGaA, KG, Bremen (EUROGATE), and Hanseatic Global Terminals (HGT), a subsidiary of Hapag-Lloyd AG, Hamburg, have agreed on the key points of a strategic partnership by signing a term sheet, including a 20% stake by HGT in EUROGATE Container Terminal Hamburg GmbH (CTH). EUROGATE expects this partnership to strengthen customer loyalty with Hapag-Lloyd as a strong partner with a high container throughput volume. Both parties are also discussing joint investments designed to provide significant support for the financing of the planned westward expansion of the EUROGATE terminal at Waltershofer Harbour in Hamburg.

Another component of the term sheet now signed is a change to the ownership structure of Tanger Alliance S.A. (TAS), the operating company of the Tanger Alliance Terminal in Morocco. Accordingly, EUROGATE intends to sell its 20 per cent stake in TAS in equal shares of 10 per cent each to Hanseatic Global Terminals and to EUROKAI GmbH & Co. KGaA, one of EUROGATE’s two shareholders.

The legal details of this partnership and the corresponding legally binding contracts are currently the subject of further negotiations. Any legally binding agreements are subject to the approval of the respective governing bodies and to authorisation by the relevant authorities.

Michael Blach, Chairman of the EUROGATE Group Executive Board, said: “Hapag-Lloyd has been a valued partner of the EUROGATE Group for many decades. Since Hapag-Lloyd expanded into the terminal operations sector, several joint projects have already been launched and are proving highly successful. Examples of this include the developments in Wilhelmshaven, Tangier and, most recently, Damietta, Egypt. With the signing of the project and lease agreements for the western expansion on 4 July 2025, we at EUROGATE have been able to establish long-term planning certainty at the Hamburg site. We intend to capitalise on this momentum to further develop the CTH as a key logistics hub in Northern Europe, in collaboration with strong partners such as Hapag-Lloyd and Hanseatic Global Terminals. Through modernisation, digitalisation, increased automation and the electrification of our cargo handling processes, we aim to gradually position the terminal for the future – ensuring it remains highly efficient.”

“The agreement is another significant step towards strengthening our terminal portfolio in Europe. Together with our partners, we aim to contribute to the further development of efficient and sustainable terminal infrastructure that benefits customers, ports and global trade,” said Dheeraj Bhatia, CEO of Hanseatic Global Terminals.