APM Terminals, a subsidiary of A.P. Moller – Maersk (Maersk), and Eurogate are in advanced negotiations for a long-term partnership under which they plan to invest one billion Euro in the modernization of their joint container terminal North Sea Terminal Bremerhaven (NTB).

“ The one billion Euro investment aims to upgrade NTB into one of the world’s most efficient and resilient container handling facilities, with zero greenhouse gas (GHG) emissions operations. The plan is to modernize the equipment and increase the terminal’s capacity from 3 to 4 million TEU throughput annually ,” APM Terminals said.