APM Terminals (APMT) and Eurogate have entered advanced negotiations for a long-term partnership that includes a massive €1 billion ($1.19 billion) investment in the North Sea Terminal Bremerhaven (NTB). The joint venture aims to transform the facility into one of the world’s most efficient and resilient container terminals.
The primary goal of the investment is to modernise terminal equipment and infrastructure. This overhaul is expected to increase NTB’s annual throughput capacity from 3 million to 4 million TEU.
A core component of the upgrade is environmental sustainability. Through the electrification of equipment and the use of renewable energy, the partners intend for NTB to operate with zero greenhouse gas (GHG) emissions a first for a terminal of this scale in Germany.
Executives from both companies highlighted the strategic value of the project:
- Vincent Clerc, CEO of Maersk: “Bremerhaven has unique potential to grow as a strategic hub in the region… We aim to future-proof the terminal over the long term, while strengthening the reliability and resilience of supply chains for the German economy.”
- Michael Blach, Chairman of Eurogate: “The joint project to equip the terminal with state-of-the-art technology and decarbonise the operations… shows how convinced we are of the future success of Bremerhaven as a location in the global maritime trade network.”