German shipping company Hapag-Lloyd wants to invest more in Morocco’s Tangier Med port. The company plans to increase its stake in the TC3 container terminal from 10% to 20%, showing that Tangier Med has become an important part of its global shipping network.
The move is linked to a wider deal by Hapag-Lloyd’s port business, Hanseatic Global Terminals (HGT). HGT has signed a letter of intent to buy a 20% stake in the Eurogate Container Terminal Hamburg in Germany.
As part of the deal, Hapag-Lloyd will buy another 10% stake in Tangier Alliance, the company that runs the TC3 terminal, from EUROGATE. EUROGATE’s remaining shares in Tangier Alliance will be transferred to its parent company, Eurokai.
The deal is part of a wider trend in the shipping industry. Large shipping companies are buying stakes in port terminals to secure space for their ships and reduce their reliance on terminals owned by others.
For Hapag-Lloyd, a bigger stake in Tangier Med means more control over operations at one of the Mediterranean’s busiest container ports. It also supports the company’s main shipping routes between Northern Europe, Latin America and Asia.
HGT was created in 2023 to manage Hapag-Lloyd’s port investments. It already owns stakes in 26 terminals across 13 countries and wants to expand that number to more than 30 by 2030.
The investment in Hamburg is also part of plans to modernise port operations through automation, digital technology and electric equipment to reduce emissions. Tangier Med fits into the company’s plan to build cleaner and more efficient shipping routes.
The transaction still needs final agreements and regulatory approval. It is expected to be completed in the third quarter of 2026.
No financial details have been announced.
