Hapag-Lloyd Strengthens Terminal Network with Deals in Hamburg and Tangier

Hapag-Lloyd's terminal division, Hanseatic Global Terminals (HGT), is deepening its investments in strategic infrastructure by agreeing to acquire a 20% stake in Eurogate Container Terminal Hamburg (CTH) and doubling its stake in the TC3 terminal in Tangier from 10% to 20%. The deals are subject to regulatory approval.

The deal in Hamburg provides Hapag-Lloyd with a significant presence in the second container terminal in its home port. The carrier already owns a 25.1% stake in HHLA's Altenwerder terminal, meaning it now has interests in two of Hamburg's four main container terminals. Eurogate Container Terminal Hamburg has an annual handling capacity of approximately 2.5 million TEU.

For Hamburg, this agreement represents another step in the changing ownership structure among the port's terminals, where major container shipping operators are increasingly taking direct stakes in the infrastructure they rely on. MSC already holds a significant stake in HHLA, while COSCO owns 24.99% of HHLA's Tollerort terminal.

At the same time, HGT is increasing its stake in the TC3 terminal in Tangier to 20%, strengthening its position in one of the most important transit hubs in the Mediterranean and a key node in container shipping between east and west.