Hamburg invests in booming bulk

MSC operates the world’s second biggest container fleet whilst Eurogate is Europe’s largest terminal operator. The partners say the new terminal, south of the Wilhelm Kaisen Container Terminal, will attract about half a million more TEUs.

The facility, 51% owned by steel giant Stahlgitter and 49% by Hamburger Hafen und Lagerhaus (HHLA), will get a fourth handling bridge crane and additional storage area. Last year it handled 12.6m tons, 12% of Hamburg’s total cargo.

Officials said demand for steel was rising, particularly from the Far East. However Hansaport MD Erhard Meller said the biggest handling growth potential lay in imported coal. “Our investment now will mean that we are ready for that”, he was quoted as saying.