Swiss/Italian container shipping giant MSC has decided to invest in the Moroccan container terminal at Nador West Med port.
In particular, Morocco-based port operator Marsa Maroc and MSC’s subsidiary Terminal Investment Limited (TIL) have signed a partnership agreement for TIL’s entry into the share capital of the company holding the concession of a box terminal at Nador West Med port.
Following the finalization of the deal, which is subject to the competition authorities approval, the shareholding structure of the subsidiary in charge of the terminal’s concession will consist of TIL, holding 50% minus one share, and Marsa Maroc, owning 50% plus one share of the capital and voting rights.
It is important to note that Marsa Maroc signed the concession agreement for the terminal in June 2024. This terminal, provided with 1,520 linear meters of quay, 18 meters of depth, and 700,000m² of yards, will offer 3.4 million TEUs at full capacity. The commissioning of the first phase of this new terminal is scheduled for the beginning of 2027.
