• Press
  • HGT Completes Acquisition of 50% in HGT Aracruz
HGT Header

Hanseatic Global Terminals successfully completes the acquisition of a 50% stake in a greenfield container terminal project in Brazil

ROTTERDAM / ARACRUZ | On June 3, 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, and the start of operations expected mid-2028.

Dheeraj Bhatia, CEO Hanseatic Global Terminals, shared, “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. 

Press contacts

Nienke Kools - Hanseatic Global Terminals

Danielly Machado De Carle - Imetame Group

About Hanseatic Global Terminals
Hanseatic Global Terminals (HGT) is a fully owned subsidiary of Hapag-Lloyd. Operating from Rotterdam, HGT manages a portfolio of stakes in 25 marine terminals and complementary logistics services across 13 countries and five continents, with plans to expand its stakes to over 30 terminals by 2030. Spanning key regions, its portfolio comprises port terminals and related logistics services operated by Hanseatic Global Terminals Latin America in Latin America and Florida (USA), and, in the booming Indian market, it is present through the container terminals, depots and rail business of J M Baxi, India’s largest integrated terminal and logistics provider. Additionally, HGT’s presence in strategic European hubs, such as Germany, France and the Mediterranean, enhances its global network and allows it to offer seamless, efficient logistics and supply chain solutions to customers worldwide.

About Imetame Group
With 45 years of experience, Imetame is a Brazilian business group headquartered in Aracruz, Espírito Santo, which integrates companies in strategic sectors of the economy. With more than 5,000 employees, it operates in the metalworking, ornamental stones, energy and oil and gas segments, delivering excellence and reliability in its operations. And, among the outstanding projects, is a port development project, currently under construction. Designed to meet the demands of different production chains, it will be a modern Private Terminal Platform, with a structure to handle various types of cargo and services, including containers, general cargo, solid bulk, liquid bulk and ship-to-ship operations. With an area of more than 1 million m², the port project emerges to become one of the main logistics hubs in the country, boosting the competitiveness and development of Brazilian foreign trade.

Disclaimer
This press release contains forward-looking statements that involve a number of risks and uncertainties. Such statements are based on a number of assumptions, estimates, projections or plans that are inherently subject to significant risks, uncertainties and contingencies. Actual results can differ materially from those anticipated in the Company’s forward-looking statements.