Hanseatic Global Terminals completes stake acquisition in Brazilian Container Terminal

Hanseatic Global Terminals completes stake acquisition in Brazilian Container Terminal

Hanseatic Global Terminals and the Imetame Group have finalized the formation of the Hanseatic Global Terminals Aracruz joint venture. This partnership solidifies their commitment to developing and operating a new, state-of-the-art greenfield container terminal in Aracruz, located in Espírito Santo, Brazil.

Following a partnership agreement signed in December 2025, the venture is slated for an operational launch in mid-2028. The strategically positioned terminal on Brazil’s east coast is engineered to accommodate the newest generation of large container vessels. It is designed to function as a crucial transshipment hub and a vital gateway for Brazilian foreign trade.

The facility will boast impressive specifications, including a draft of 17 meters, 750 meters of quay length, and cutting-edge container handling equipment. It is projected to have an annual capacity of approximately 1.2 million TEU.

Dheeraj Bhatia, CEO of Hanseatic Global Terminals, highlighted Latin America as a key strategic market for both HGT and Hapag-Lloyd. He emphasized that the Aracruz development will significantly contribute to enhanced regional connectivity and provide more efficient access to global markets.

Etore Selvatici Cavallieri, Chairman of the Imetame Group, expressed pride in the collaboration, underscoring its potential to achieve operational excellence and bolster Brazil’s position in international trade.

This transaction underscores Hanseatic Global Terminals’ dedication to the Latin American region as part of its ambitious objective to expand its global terminal portfolio to over 30 facilities by 2030.

Financial terms of the agreement have not been disclosed.

Hanseatic Global Terminals completes stake acquisition in Brazilian Container Terminal