European Operators Invest in Moroccan Terminal

Twitter
Facebook
LinkedIn
Email
Morocco_Eurogate_1280_800_84_s_c1

Marsa Maroc, the leading port operator in Morocco, has announced the signing of a joint venture agreement with Eurogate International GmbH and Contship Italia, who will become shareholders in Marsa International Tangier Terminals SA (MINTT).

Eurogate Group is one of Europe’s leading independent terminal operators, offering value-added intermodal services, while Contship Italia also operates container terminals around the continent.

On March 15, 2019, Contship announced that it had entered negotiations with MSC Mediterranean Shipping Company to sell 50% of its shares in Medcenter Container Terminal (MCT), the largest facility of its kind in Italy.

Dirk Visser discusses African container trade in a recent Port Technology technical paper

Operating ten ports around the country, Marsa Maroc has provided port logistics services within its own concession area since it was founded in December 2006.

MINTT, which previously had Marsa Maroc as a sole shareholder, is the concession holder company for the design, financing, construction, operation and maintenance of Container Terminal 3 of the Port of Tanger Med extension.

 

 

The terminal, which is expected to be commissioned by the middle of 2020, has a nominal capacity of 1.5 million TEU.

While the transaction was cleared on January 31, 2019, the finalization of the operation is subject to the completion of the share capital increase.

Read more:

Daily Email Newsletter

Sign up to our daily email newsletter to receive the latest news from Port Technology International.
FREE

Supplier Directory

Find out how to get listed

Webinar Series

Find out how to attend

Latest Stories

Cookie Policy. This website uses cookies to ensure you get the best experience on our website.