Hapag-Lloyd and ONE enhance terminal operations in Brazil and China, boosting capacity and infrastructure in key global markets.
Hapag-Lloyd and Ocean Network Express (ONE) have announced separate agreements to expand their container terminal portfolios in Brazil and China, according to reports from London's S&P Global.
In Brazil, Hanseatic Global Terminals, Hapag-Lloyd's ports division, has signed a joint venture with the Imetame Group to acquire a 50 percent stake in Imetame Logistica Porto. The partners will construct and operate the Hanseatic Global Terminals Aracruz facility in the state of Espirito Santo, which will have a capacity of 1.2 million TEU.
Local sources estimate the project cost at approximately US$486 million, although the companies have not confirmed this figure. The terminal will feature 2,461 feet of quay and a depth of 56 feet, and is scheduled to open in mid-2028, accommodating both breakbulk and containerized cargo.
Dheeraj Bhatia, CEO of Hanseatic Global Terminals, stated that the venture will strengthen Hapag-Lloyd's portfolio and help alleviate capacity constraints in Latin America. Existing ports such as Santos and Navegantes frequently experience disruptions due to adverse weather, congestion, and construction activities.
The Aracruz investment is part of Hapag-Lloyd's strategy to expand its network to over 30 terminals by 2030, as noted by Chief Executive Rolf Habben Jansen.
Meanwhile, ONE has announced its agreement to acquire a minority stake in Dalian Container Terminal in northern China. The Singapore-based carrier did not disclose the size of its interest but emphasized that this deal enhances its holdings in Los Angeles, Oakland, Rotterdam, and Singapore.
Hiroki Tsujii, ONE's global product and network chief, remarked that the acquisition will ensure access to key regional ports and support DCT's infrastructure and green initiatives. DCT boasts 14 berths, 14,400 feet of quay, and an annual capacity of 6.6 million TEU.
