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Societe d'Exploitation des Ports : Marsa Maroc and CMA CGM finalize agreement for the operation of the Western Container Terminal at Nador West Med Port
Societe d'Exploitation des Ports : Marsa Maroc and CMA CGM finalize agreement for the operation of the Western Container Terminal at Nador West Med
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PRESS RELEASE Marsa Maroc and CMA CGM finalize agreement for the operation of the Western Container Terminal at Nador West Med Port Marsa Maroc and CMA Terminals, a subsidiary of the CMA CGM Group, join forces to operate the Western Container Terminal at Nador West Med, a key strategic port on Morocco's Mediterranean coastline. A joint-venture, owned 51% by Marsa Maroc and 49% by CMA Terminals, subject to regulatory approvals, will manage and develop the terminal. Operational from 2027, the terminal will offer an annual handling capacity of 1.8 million TEUs, positioning itself as a major transhipment hub in the Mediterranean and reinforcing Morocco's integration into global maritime trade routes. Following the signing, on October 28th, 2024, of a framework agreement between the Tanger Med Group and CMA CGM, Marsa Maroc and CMA Terminals announce the signing of a partnership agreement for CMA Terminals' entry into the capital of the company holding the concession for the Western Container Terminal of Nador West Med, a major Moroccan port on the Mediterranean. Upon completion of the transaction, and pending approval from the relevant authorities, Marsa Maroc will hold 51% of the share capital and voting rights of the concession company, while CMA Terminals will hold 49%. Gradually coming into service starting from 2027, the terminal will feature 900 meters of quay length, a draft of 18 meters, and 37.5 hectares of yard area, extending over a total surface of 60 hectares. Once fully equipped, the terminal will be fitted with 8 ship-to-shore gantry cranes (STS) and will have an annual handling capacity of up to 1.8 million TEUs. As the result of a strategic partnership between two leading players in the port and maritime sectors, the terminal will benefit both from CMA CGM's global network, capable of generating substantial traffic flows, and from Marsa Maroc's operational expertise and local presence. This alliance will enable the development at Nador West Med of a state-of-the-art terminal, meeting the highest international standards of performance and connectivity. It will also strengthen the port's position as a major transhipment hub in the Mediterranean, further enhancing Morocco's attractiveness on global maritime routes. Ideally located near the Strait of Gibraltar, in Betoya Bay, at the mouth of the Kert River, the Nador West Med port enjoys signific...