Nador, Morocco (Ports Europe) October 29, 2024 – CMA CGM and Marsa Maroc will set up a joint venture company to jointly equip and operate for 25 years a 750-meter section of quay and 35 hectares of yard within the Nador West Med container terminal. This is equal to 50% of the container terminal.
CMA CGM already has a presence in Morocco in the Eurogate Tangiers and Casablanca container terminals (via SOMAPORT).
The joint venture will invest $280 million to achieve an annual terminal output of 1.2 million TEUs.
Capable of handling the world’s largest container ships with a maximum draught of 18 meters, the terminal will eventually be equipped with eight transshipment cranes, compared with six at present, and 24 electric RTGs, compared with 15 at present.
Management comment
Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, said: “Morocco is positioning itself as a strategic logistics and port hub with strong growth potential. The partnership we are entering into with Marsa Maroc marks a key step for the CMA CGM Group, strengthening our presence through the Nador West Med container terminal. Our ambition is to support the country’s development, particularly in the forward-looking sectors of logistics and alternative energies.”
With its expertise and 1,300 employees in Morocco, the CMA CGM Group has become a leader in maritime transport and logistics, with 31 maritime services operating out of the three main Moroccan ports (Agadir, Casablanca, Tanger Med) and serving 81 ports directly from Morocco. The Group offers its customers in Morocco end-to-end supply chain services via its subsidiary CEVA Logistics.
Through its subsidiary Terminal Link, the CMA CGM Group owns 100% of a Casablanca terminal (via SOMAPORT), as well as 40% of the Eurogate Tangiers terminal.
More Ports Europe news about the Nador West Med port project
Nador
The port of Nador is located on the Mediterranean coast, about 70 km from the Algerian border. It is located at the northwestern end of Sebkha Bou Areg (Mar Chica) just south of the port of Melilla.
The Nador West Med port project aims to increase Morocco’s presence in the regional logistics market of the Western Mediterranean. Construction is 70% complete with completion due in around 18 months. The complex aims to handle 3.5 million containers, 25 million tonnes of hydrocarbon products, 9 million of solid bulk products and 3 million general cargo products annually.
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