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

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.

About TIL

Terminal Investment Limited (TIL) is one of the biggest container terminals’ operators in the world, with a portfolio of terminals located along the major trade routes served by its parent company, Mediterranean Shipping Company (MSC), the world’s leading shipping company.

About Marsa Maroc

Marsa Maroc is the Moroccan leading port operator, managing 25 terminals across 11 ports, and handling over 60 million tons of cargo annually.

Marsa Maroc is listed on the Casablanca Stock Exchange and its principal shareholder is the Tanger Med Group, a developer of port, logistics, and industrial platforms.

Source : Marsa Maroc