CMA CGM is set to take a 20% share in Eurogate Container Terminal Hamburg (CTH) following the signing of a term sheet between the two companies on 12 November. The agreement, concluded between Eurogate GmbH & Co. KGaA KG and CMA Terminals SAS, outlines the key elements of a planned strategic partnership focused on strengthening operations at the Waltershofer Hafen terminal.
According to the announcement published by Eurogate, the planned stake is part of a broader collaboration that includes discussions on joint investments. These investments are expected to support the financing of the terminal’s planned Western Extension; a development aimed at expanding capacity and improving the site’s long-term competitiveness.
Eurogate stated that closer cooperation with CMA CGM would deepen the terminal operator’s relationship with one of its major customers and help secure future container-handling volumes. For CMA CGM, the stake aligns with its ongoing strategy of expanding port terminal investments across Europe and globally.
The companies noted that full legal documentation is still under negotiation. The transaction will require approval from corporate bodies and the relevant authorities before it can be finalised.
