Hapag-Lloyd’s subsidiary Hanseatic Global Terminals (HGT) has signed an to invest in a 50% stake in the Brazilian Imetame Group’s port logistics company (ILP).

ILP is a joint venture dedicated to operation of container terminals. Under the terms of the agreement, the two parties will jointly develop and operate a brand-new “Hanseatic Global Terminals Aracruz container terminal that will serve as a modern transshipment hub and gateway port facility.

The terminal, located in the city of Aracruz in the Brazilian state ofírito Santo, is scheduled to commence operations in mid-2028 and will have a future annual throughput capacity of approximately 1.2 million TEU. terminal will have a quay length of 750 meters and will be equipped with state-of-the-art container handling equipment. The terminal has a water depth of to 17 meters, making it suitable for large vessels to call. The Imetame Group is a diversified Brazilian conglomerate established in 1980 The transaction details have been agreed to not be disclosed by the parties involved.

Dheeraj Bhatia, CEO of Hanseatic Global Terminals: “L America is a key strategic market for Hanseatic Global Terminals and Hapag-Lloyd. Our joint venture with the Imetame Group to develop a new transship hub and gateway port on the east coast of Brazil, not only strengthens our terminal business footprint but also addresses the capacity constraints faced in this growth region. The investment in the Port Aracruz will benefit Brazil by enhancing trade infrastructure through the development of a port that is closer to consumer markets and main global shipping routes than traditional gateway ports, thus providing more and more alternative global market access routes for several producing states.”

Etore Selvatici Cavallieri, Chairman of the Imetame Group: “We are pleased to have Hanseatic Global Terminals as a strong strategic partner for our new container terminal in Espírito Santo. Hanseatic Global Terminals has extensive expertise can offer efficient cargo handling services to the customers, importers and exporters of the new terminal, further enhancing Brazil’s importance in global trade. In addition to pursuing operational excellence we are committed to creating development opportunities for the region, promoting employment and driving the growth of local businesses.”

Investment in terminals and infrastructure is a key component ofseatic Global Terminals’ strategic agenda, aimed to further expand its footprint and plans to increase the number of terminals in its portfolio to more than 30 by 230. The transaction is subject to approval by the relevant anti-trust authorities and other relevant regulatory authorities and satisfaction of other conditions typically required for such transactions to be completed

About Hapag-Lloyd Global Terminals

Hapag-Lloyd Global Terminals (HGT) is wholly-owned subsidiary of Hapag-Lloyd. Headquartered in Rotterdam, the company holds shares in 21 port terminals in 11 countries and across continents, and provides integrated logistics services. The company plans to increase the number of terminals held to over 30 by 2030. Its business layout covers key regions with port terminals and related logistics services in Latin America and the U.S. state of Florida. In the thriving Indian market, Hapag-Lloyd Global Terminals operates the container terminals, warehousing, and rail operations of J M Baxi, India's largest integrated terminal and logistics provider. Additionally, the presence of HapagLloyd Global Terminals in strategic European hubs such as Germany and the Mediterranean enhances its global network, enabling it to provide seamless, efficient logistics, and supply chain solutions to global customers

About the Imetame Group

The Imetame Group is a Brazilian conglomerate with 45 years of experience, headquartered in the city of Aruz, Espírito Santo State. Its business covers economic and strategic areas such as metal processing, ornamental stone, energy, and oil and gas. The group more than 5,000 employees and operates with excellence and reliability. Its port development project, which is under construction, is one of the group's main projects. port is designed to meet the needs of different chains of production and will become a modern private terminal platform with the capacity to handle all types of cargo and services, including containers, breakbulk, solid bulk, liquid bulk, and ship-to-ship operations. The port project covers an area of more than 1 million square meters and is expected to become one the main logistics hubs in Brazil, enhancing the competitiveness and development level of Brazilian foreign trade.