Hanseatic Global Terminals (HGT), the terminal operator of the German container shipping company Hapag-Lloyd, has signed an agreement with the Brazilian group Imetame to acquire 50% of the capital of its subsidiary Imetame Logística Porto (ILP), the company that is building the new private port of Imetame near the city of Aracruz in the State of Espírito Saint.

The agreement provides for the two partners to implement and manage the new Hanseatic Global Terminals Aracruz container terminal with the purpose of handling both import-export container traffic and transit. According to forecasts, the port terminal will become operational in mid-2028 and will have a annual traffic capacity of approximately 1.2 million TEUs. The terminal will have a quay of 750 linear meters with depth of the seabed of -17 meters.

Commenting on the deal, HGT Chief Executive Officer Dheeraj Bhatia, explained that "Latin America is a market Hanseatic Global Terminals and Hapag-Lloyd. The joint venture with the Imetame group and the development of a new Transshipment hub and gateway port on the east coast of Brazil - explained - strengthen our portfolio of terminals, while addressing capacity constraints in a region growing. This investment in the Port of Aracruz brings benefits to Brazil by strengthening trade infrastructure through a port closer to consumer markets and major global shipping routes compared to traditional ports gateway, thus offering different states of origin of goods alternative and more efficient access to global markets".