Hamburg Finalizes Joint Venture with MSC for HHLA Operations

The city of Hamburg and MSC will jointly manage HHLA, with investments planned to boost port infrastructure and container capacity.

Hamburg has transferred its HHLA A-shares to a joint venture with MSC, finalizing a controversial partnership deal.
The city retains a 50.1% stake in the joint venture, while MSC holds 49.9%, with MSC paying €232.6 million for its share.
MSC plans to nearly double its container volume at HHLA terminals to 1 million TEU annually by 2031 and invest in a new Germany headquarters in Hamburg.
The partnership includes a €450 million equity boost for HHLA to support infrastructure upgrades and advancements in automation and digitization.
Labor unions and experts have criticized the deal, citing potential job risks and concerns over MSC's influence in Hamburg's port operations.