Under the agreement, both parties will jointly develop and operate the container port named Hanseatic Global Terminals Aracruz, located on Brazil's east coast. This facility will serve as a modern transshipment hub and import-export gateway. The transaction value was not disclosed.

Design rendering of Hanseatic Global Terminals Aracruz. Photo: *Hanseatic Global Terminals*.

The project is situated in Aracruz city, Espirito Santo state, with a designed capacity of approximately 1,2 million TEU annually and a quay length of 750 m. The port will feature modern container handling systems and a channel depth of 17 m, enabling it to accommodate large container vessels.

Dheeraj Bhatia, CEO of Hanseatic Global Terminals, stated that Latin America is a strategic market for HGT and Hapag-Lloyd. Investing in this new transshipment and gateway port on Brazil's east coast expands their port portfolio and addresses capacity constraints in a rapidly growing region.

He added that the Aracruz port will enhance Brazil's trade infrastructure. Its location, closer to consumer markets and global shipping routes than many traditional ports, will provide exporting states with more efficient international market access options.

Etore Selvatici Cavallieri, President of Imetame Group, remarked that Hanseatic Global Terminals possesses the experience and capability to provide efficient handling services to customers. He added that this investment will enhance Brazil's role in the global trade chain and emphasized that the project will create jobs and foster local business development.

Hanseatic Global Terminals (HGT), a global port and infrastructure operating company under the Hapag-Lloyd Group, was established in 2023. Headquartered in Rotterdam, Netherlands, HGT manages equity interests and operations at over 20 container ports across 11 to 12 countries in Europe, the Americas, Asia, and Africa, with plans to expand to more than 30 ports by 2030. The company focuses on investing in, managing, and operating strategic container terminals to enhance logistics efficiency and broaden its global maritime network.

By Anh Duong (according to Baird Maritime)