Tanger Med Port’s Extension A Big Boost For Moroccan Economy
The Tanger Med port has emerged as the biggest port in Africa in terms of container capacity, surpassing Africa’s bigger ports like Durban (South Africa) and Mombasa (Kenya). The Tanger Med port now connects Morocco to 77 countries and 186 ports around the world. The Tanger Med II has two new container terminals – TC3 and TC4 – with an additional 6 million container capacity. The TC3, which is operated by Morocco’s main port operator Marsa Maroc, has a capacity of 1 million TEUs (twenty foot equivalent units). The TC4, which is operated by the Netherlands-based APM Terminals, has a capacity of 5 million TEUs. According to the Tanger Med Port Authority, with its new terminals, Tanger Med port will have a capacity of processing 9 million containers, 7 million passengers, 1 million vehicles and 700,000 trucks. Thanks to its extensions, Tanger Med port has now become the largest port in the Mediterranean region, surpassing some of the region’s top ports like Algeciras (Spain), Valencia (Spain) and Gioia (Italy). The port is located 40 kilometers east of the Moroccan town of Tangier, which is a gateway to both Europe and Africa. “Our aim is to develop an effective port platform integrated with transshipment activities, imports and exports,” Tanger Med Port Authority said on its website. The Tanger Med port has become vital for Morocco’s economy as it handled 317 billion Moroccan dirhams (US$33.14 billion) worth of exports and imports in 2018. It processed an overall tonnage of 52.24 tonnes last year.
Nippon Express France Opens New Location in Tanger Med Port, Morocco
Nippon Express France, S.A.S. (hereinafter, “NEF”), a subsidiary of Nippon Express Co., Ltd., has opened a Tanger Med Logistics Center in the Moroccan port of Tanger Med, and this Center began operations on Wednesday, June 26, as NEF’s second location in Morocco.
APM Terminals Marks Opening Of Second Terminal At Medport Tangier
APM Terminals second terminal in Morocco, MedPort Tangier was inaugurated this week. Part of the Tanger Med Port complex, it has an annual capacity of 5 million TEUs (twenty-foot equivalents). With this new capacity, Morocco is establishing itself as one of the most important transhipment locations in the world. Tanger Med Port is already ranked as the leading African port and is amongst the world’s top 50 container ports due to its prime location along key trade lanes and increasing cargo flows, to and from Africa. The construction of the state-of-the-art APM Terminals MedPort Tangier facility took two years and a total investment of USD 800m. This new transhipment terminal is designed, constructed and operated by APM Terminals, and will join existing hub facilities servicing Maersk and its partners. Built utilizing the latest technology, the terminal is set to be one of the most efficient and safest in the world.Upload News