EUROGATE and CMA Terminals have agreed on the main points of a planned cooperation at EUROGATE Container Terminal Hamburg (CTH). A term sheet signed by both sides expresses CMA Terminals’ intention to acquire a 20% stake in the terminal.
The companies are also discussing joint funding options for the Western Extension at Waltershofer Hafen. The project secured its project and lease agreements earlier this year, giving EUROGATE a long-term development basis for the Hamburg site. Legally binding contracts are still being negotiated and require approval from company committees and relevant authorities.
EUROGATE’s leadership, represented by Thomas and Tom Eckelmann, played a central role in reaching the current understanding. The operator links the planned partnership with ongoing work at CTH, including digital process tools, expanded automation and the gradual shift to electric handling systems.
CMA CGM ties its planned involvement to expanding terminal capacity and strengthening inland transport links, particularly rail. The group also expresses a long-term interest in the German logistics market and Hamburg’s role as a cargo gateway in Northern Europe.
