24
Fri, Oct

Marsa Maroc and CMA CGM finalise Morocco terminal operation deal

Marsa Maroc and CMA CGM finalise Morocco terminal operation deal

World Maritime
Marsa Maroc and CMA CGM finalise Morocco terminal operation deal

Subject to the approval of competent authorities, a joint venture will be established, with Marsa Maroc holding 51 per cent of the share capital and voting rights, and CMA Terminals holding the remaining 49 per cent. This joint venture will be responsible for the management and development of the terminal.

Scheduled to become progressively operational from 2027, the terminal will feature 900 linear metres of quay with an 18-metre draft, and 37.5 hectares of yard area within a total surface of 60 hectares.

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Original Source BAIRD MARITIME

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Original Source BAIRD MARITIME

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