Hanseatic Global Terminals Acquires 50% Stake in Greenfield Container Terminal Project in Brazil

Chennai:

Port Wings News Network:

On 3 June, 2026, Hanseatic Global Terminals (HGT) and the Imetame Group successfully completed the establishment of the Hanseatic Global Terminals Aracruz S.A. joint venture.

Both companies officially begin their partnership to develop and operate the new Hanseatic Global Terminals Aracruz container terminal with operational launch expected mid-2028. This transaction follows the agreement signed between the two parties in December 2025.

Strategically located in Aracruz, in the state of Espírito Santo, the terminal is designed to receive the new generation of large vessels, offering an efficient and modern alternative for foreign trade as a transshipment hub and gateway to the east coast of Brazil. With a draft of 17 meters, 750 meters of quay length and state of the art container handling equipment, the facility will have an annual capacity of approximately 1.2 million TEU. The start of operations is expected mid-2028.

Dheeraj Bhatia, CEO Hanseatic Global Terminals, said, “Latin America is a key strategic market for Hanseatic Global Terminals and Hapag-Lloyd. Our partnership with the Imetame Group and the development of the new Hanseatic Global Terminals Aracruz container terminal in Aracruz, Espírito Santo, will strengthen regional connectivity, expand capacity, and provide more efficient access to global markets.”

“We are proud to partner with Hanseatic Global Terminals in developing the new container terminal in Espírito Santo. Together, we aim to deliver operational excellence, create opportunities for the region, and further strengthen Brazil’s role in global trade”, said Etore Selvatici Cavallieri, Chairman of the Imetame Group.

The successful completion of the transaction reinforces Hanseatic Global Terminals’ commitment to Latin America with plans to further develop its portfolio to expand to more than 30 terminals by 2030. The parties have agreed to not disclose any financial details of the deal.