Hapag-Lloyd Takes Full Control of Florida International Terminal
HGT executes USD 29 million buyout under existing agreement of Chilean partner's stake at Port Everglades, consolidating sole ownership of strategic US gateway
Hanseatic Global Terminals (HGT), Hapag-Lloyd’s terminal and infrastructure arm, has acquired full ownership of Florida International Terminal (FIT) at Port Everglades, completing a buyout of its Chilean partner’s stake for approximately USD 29 million.
The transaction, confirmed on 9 January 2026, sees HGT acquire the remaining interest held by Grupo Empresas Navieras (GEN) through its US affiliate Agunsa Universales. GEN disclosed the sale price of USD 28,966,816.80 in a filing with Chile’s Comisión para el Mercado Financiero, noting the deal would generate approximately USD 15.5 million in net profit for the Chilean group after expenses and taxes.
The acquisition consolidates HGT’s position at a strategic South Florida gateway that handled 333,262 TEU in 2024 according to terminal data, with designed annual capacity of 500,000 TEU. Port Everglades overall recorded its strongest-ever container performance in FY2025, with preliminary figures showing 1,167,552 TEU across all terminals.
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