Overview
- CMA CGM and Eurogate signed a framework agreement for a 20% share in the Eurogate Container Terminal Hamburg, with legally binding contracts still under negotiation.
- The partnership includes substantial co-financing of the planned westward expansion at Waltershof, a project that adds about 38 hectares and lifts capacity from roughly 4 to nearly 6 million TEU.
- Company statements say the investment will support greater terminal capacity, stronger rail connections and progress toward more sustainable operations.
- Eurogate says governance bodies must approve the final contracts and regulators must clear the deal before completion targeted for the first half of 2026.
- The move fits a broader trend of carriers taking terminal stakes in Europe, following cases such as Cosco’s 24.9% share in HHLA’s Tollerort and MSC’s 2024 entry into HHLA, while unions caution about rising carrier influence.