Following a total investment of $800 million in APM Terminals MedPort Tangier, the company is now celebrating the next major milestone by kicking off phase-2 of this development project.
The phase 2 of the MedPort Tangier development will add an extra 1 million TEU capacity to its footprint.
Following the terminals inauguration by HRH Prince Moulay Hassan in June 2019, APM Terminals MedPort Tangier ramped up operations, achieving more than 2.2 M TEUs throughput in 2020.
During phase 1, the terminal operated with a 1200 meter-long quay. To support the continued development of the terminal, APM Terminals MedPort Tangier’s second phase of development will add an additional 400 meters, increasing the total quay length to 1600 meters.
This will add an additional throughput capacity of 1 million containers to reach the previously announced overall capacity of 5 million TEUs.
According to the release, this new investment is an important milestone in both Morocco and Maersk’s long-term partnership and confirms its commitment to establishing a major transshipment hub in the Mediterranean.