Societe d'Exploitation des Ports SA

02/17/2025 | Press release | Distributed by Public on 02/17/2025 09:25

Marsa Maroc and TIL, a subsidiary of MSC Group, the world's leading shipping company, have concluded a partnership agreement about Nador West Med

17/02/2025

Marsa Maroc and Terminal Investment Limited (TIL) have signed a partnership agreement for TIL's
entry into the share capital of the subsidiary holding the concession of a container terminal at Nador
West Med port.
Following the finalization of this agreement, which is subject to the approval of the competent authorities,
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.
As a reminder, Marsa Maroc signed the concession agreement for a container terminal at Nador West Med
in June 2024. This terminal, provided with 1,520 linear meters of quay, 18 meters of depth, and 70 hectares of
yards, will offer 3.4 million TEU at full capacity. The commissioning of the first phase of this new terminal is
scheduled for the beginning of 2027.
Marsa Maroc is successfully continuing the implementation of its ambitious strategic plan for 2030. This
partnership with MSC Group, the world's leading shipping company, illustrates Marsa Maroc's ability to
associate internationally renowned partners to its development projects.

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