Hapag-Lloyd Buys 25 Percent of APM Terminals Maasvlakte II
APM Terminals keeps operational control of the Rotterdam facility as it expands toward 5.4m TEU a year
Hapag-Lloyd has agreed to acquire a 25 percent stake in APM Terminals Maasvlakte II in Rotterdam, with APM Terminals retaining operational control of the facility. Financial terms were not disclosed.
The investment buys the German carrier a long-term interest in automated terminal capacity at a facility that sits at the centre of the Gemini Cooperation with A.P. Moller - Maersk. In a joint statement the two companies said they will support the terminal's continued development, capacity expansion and operational performance as partners.
The timing tracks the terminal's build-out. Maasvlakte II is being expanded to handle up to 5.4 million teu a year, with the project adding 1,000 metres of deep-sea berth to take the total to 2,000 metres, along with additional yard capacity, four rail tracks and automated terminal equipment.
The deal is being done through Hanseatic Global Terminals, Hapag-Lloyd's terminals and infrastructure division, which has been building out its portfolio in the markets where the liner network needs reliable gateway capacity. The Rotterdam-based unit currently holds stakes in 26 marine terminals and complementary logistics businesses across 13 countries in Latin America and the United States, India and Europe. In the first half of 2026 it handled 7 million teu and generated $360 million in revenue, $102 million in EBITDA and $39 million in EBIT.
Hapag-Lloyd has said it intends to grow its terminal portfolio from 21 to 30 facilities over the coming years while maintaining financial discipline and continuing to look at acquisitions. Dheeraj Bhatia, chief transformation and information officer of Hapag-Lloyd AG and chief executive of Hanseatic Global Terminals, said the planned investment in Rotterdam will further enhance the efficiency and reliability of the network, calling the terminal a key element for the Gemini Cooperation.
APM Terminals chief executive Keith Svendsen described the investment as a strong vote of confidence in a terminal critical to both the Gemini network and to Rotterdam, and said the ongoing expansion is being delivered through close collaboration between the Maasvlakte II team, the works council and the Port of Rotterdam Authority. He added that APM Terminals remains the operator and that the ambition is to make Maasvlakte II the best terminal in northern Europe for every customer calling it.
Completion is subject to approval by the relevant authorities and regulators.
