The Cap San Diego was built and launched by Deutsche Werft in 1961 for Hamburg Süd as the last of a series of six ships. The 159 m, 10000 dwt ship ran a regular schedule between Germany and South America, completing 120 round trips until 1981. After being sold and running under different names and flags of convenience as a tramp trader, the run-down ship was scheduled for scrapping in 1986, when it was bought by the city of Hamburg.
en.wikipedia.org/wiki/Cap_San_Diego

The impressive building on the right is The Elbphilharmonie. On 2 April 2007, the foundation stone was laid, and construction was due to be completed in 2010, but the buidling was finally completed in 2016. The base is an old warehouse.